-Livemint.com * 100-200 trucks are directly reaching retail vegetable market on the grounds and some 100 trucks are coming to APMC * Prices of foodgrains and pulses are currently around 40% higher than normal days Mumbai: Every day close to 600 truckloads of vegetables, foodgrains and fruits converge from Gujarat, Delhi, Rajasthan and various parts of Maharashtra to the Agricultural Produce Market Committee (APMC) centre at Vashi in New Mumbai, to feed the...
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Coronavirus: India caps prices of sanitisers, surgical masks -Jacob Koshy
-The Hindu With fears of contracting the virus escalating since March, stores across India saw a massive demand and consequently a shortage of stocks in hand sanitisers and masks. Retail prices of hand sanitisers have been capped at ₹100 for a 200 ml bottle, a notification by the Ministry of Consumer Affairs said on Friday. The prices of surgical masks (3 ply) and non-woven masks also were capped at ₹10 and ₹8...
More »Retail inflation: Why your grocery bill could remain high -Surabhi
-The Hindu Business Line Onion prices may be cooling, but food inflation likely to remain high; core inflation a worry Consumers staring at rising prices are unlikely to have much reprieve. Analysts believe that retail inflation may be peaking now but caution that prices will remain high in coming months. So while onion prices have come down, your monthly grocery bill could still be on the higher side for the first half of...
More »India to witness severe food inflation due to extreme weather -Richard Mahapatra
-Down to Earth The record-breaking vegetable price rise indicates an era of high food inflation in coming years Rising prices of food items, particularly that of vegetables, have spiked retail inflation to a 68-month high of 7.59 per cent in January 2020, according to the National Statistical Office. While the inflation figure captured headlines, a crucial analysis of the reasons behind this sustained increase in food prices slipped public attention. Extreme weather events...
More »Agriculture as solution -Harish Damodaran
-The Indian Express Turnaround in farm prices is the only good news in today’s overall dismal economic environment. The Narendra Modi government’s first term (June 2014 to May 2019) was marked by benign consumer food price inflation. At a mere 3.3% year-on-year, it averaged below even the 4.3% for overall retail inflation. Politically, the ruling party benefited, given that there are far more consumers of milk in India than dairy farmers. The...
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