-The Business Standard Unlike consumer prices, wholesale inflation provides little comfort If the consumer price index (CPI) numbers for May, released last week, provided some comfort about softening inflation, the wholesale price index (WPI) numbers for the same month, released on Monday, did just the opposite. Headline inflation went up from 5.2 per cent year on year in April to six per cent in May, the highest, by a whisker, since December....
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Onion prices likely to soar as major suppliers go on strike
-The Hindustan Times Already struggling with milk crisis, the state's residents may now face a shortage of onions, as onion traders in Nasik went on an indefinite strike from Monday. Nasik is a major onion supplier to Jharkhand and onion prices are likely to go up if the strike continues. "Nasik meets 40-50% of state's demand of onions. So, prices will go up for sure, if supply reduces. We hope the strike...
More »Agriculture ministry readies plan to deal with poor monsoon -Vishwa Mohan & Dipak Kumar Dash
-The Times of India NEW DELHI: The government is ready with a contingency plan to deal with below normal rains this monsoon with a series of steps including diesel subsidy for farmers in the rain-deficient districts, crop loans at lower rates and release of foodgrains to deal with a possible shortage. Amid reports of below normal rains, the agriculture ministry presented the plan for 500 districts during a meeting called by Prime...
More »Agriculture And Not The Stock Market Is The Reality Of India -Roshan Kishore
-The Citizen.in This piece is a rejoinder to an article by D K Joshi, which appeared in ‘The Indian Express' on June 4, 2014. The main arguments made by the author are neither new nor unique. Many neoliberal economists, including some occupying crucial policy-making positions have been making arguments which propose dilution of Minimum Support Price (MSP) policies to take care of excess food stocks with the government and also control...
More »How the experts sank the UPA -Shekhar Swamy
-The Hindu Business Line A government run by a bevy of economists with no sense of the ground reality made mistakes. Some really big ones As the new government settles down to tackle the myriad problems confronting it, it's worth taking a quick glance at the principal reasons for the spectacular unravelling of the UPA-2 government. A defining characteristic of UPA-2 was that it was led by an economist and supported by prominent...
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