-The Hindu Business Line The Ukraine war is not the sole driver of global wheat prices. Speculative activity has played a bigger role and policy inaction on that front can prove fatal The global food crisis has now grown to such proportions that everyone is talking about it (even though world leaders are doing relatively little about it). It has become an article of faith to blame the war in Ukraine for...
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Sowing it right
-The Hindu Business Line MSP signalling in favour of oilseeds, pulses should be backed up by credible procurement steps In announcing the minimum support prices for the kharif season, the Centre has rightly stuck to its plan of trying to wean away acreage from rice, particularly in rainfed areas, to pulses and oilseeds. This has been its policy since 2015, and it has resulted in output gains and increased acreage in pulses,...
More »Fact-checking Modi government’s claims of record infrastructure growth in the past eight years -Divyani Dubey
-Scroll.in BJP leaders are promoting the regime’s achievements in developing airports, air routes and national highways. Here’s what official records say. The Narendra Modi-LED National Democratic Alliance government completed eight years in power in May. Using the hashtag #8YearsOfInfraGati, the incumbent government, BJP leaders and several ministers, including Prime Minister Modi, made a series of claims on social media and in newspaper advertisements related to the growth of urban transport. In one such...
More »How two-wheeler dreams died in the countryside -Alisha Sachdev
-Livemint.com Industry estimates suggest two-wheeler sales for fiscal year 2021-22 (FY22) will close out at 14.5 million units, the lowest volume in almost a decade. This betrays a deep distress in incomes of rural households. Mint explains the fault lines: * Why are two-wheeler sales falling? Rural demand contributes 50-60% of two-wheeler sales in the commuter segment. Price increases, rising fuel prices and unseasonal rains leading to poor crop realizations have hit the...
More »Trade deficit widens to record $23.33 bn -Vikas Dhoot
-The Hindu Exports rose 15.5% in May while imports surged 56.1% to stay above $60 bn for third month India’s merchandise trade deficit widened to a monthly record of $23.33 billion in May, as exports grew 15.5% to $37.3 billion while imports jumped 56.1% to $60.62 billion, as per preliminary data from the Commerce and Industry Ministry. The previous highest monthly trade deficit was last November’s $22.91 billion. Goods exports shrank 7.2% from...
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