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What’s fuelling higher inflation in rural India? -Vikas Dhoot

-The Hindu Why are food, clothing and fuel prices higher in the hinterland? Will a good monsoon help ease the crisis? The story so far: The retail inflation rate surged to 6.95% this March — its highest level in nearly one and a half years, capping off six successive months of accelerating prices for consumers. With incremental fuel price hikes only kicking in during the latter half of March, the full impact...

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Waging war for sustenance -Aunindyo Chakravarty

-The Tribune Disruption in supplies due to Ukraine crisis may create food shortage, price distortions The war in Ukraine has become a war on the world’s poor. Russia and Ukraine, together, accounted for a quarter of the world’s wheat exports, one-sixth of global corn exports, nearly a third of barley and three-fourths of the export of sunflower oil. American sanctions on Russia mean it cannot sell its extra wheat in the global...

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Retail Inflation Shot Up to 6.95% in March: Government

-TheWire.in It is for the third straight month that the retail inflation remained above the Reserve Bank of India's comfort zone. New Delhi: consumer price-based inflation jumped to 6.95% in March, mainly on account of costlier food items, according to government data released on Tuesday. The consumer Price Index (CPI) based inflation was 6.07% in February. The inflation in the food basket was 7.68% in March, up from 5.85% in the preceding month. It is...

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India’s great poverty debate: Season 2 -Roshan Kishore

-Hindustan Times Almost two and a half years after the 2017-18 Consumption Expenditure Survey (CES) was scrapped, the ‘great Indian poverty debate’ seems to have resurrected itself. The second season of this debate, interestingly, has started from Washington DC, not India. Poverty statistics in India have always been the subject of controversy. The country saw a big debate on the trend in poverty and the veracity of poverty estimates in the 2000s....

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Pradeep Multani, president of the PHD Chamber of Commerce and Industry, interviewed by Kaushal Shroff (TheWire.in)

-TheWire.in Pradeep Multani, president of the PHD Chamber of Commerce and Industry, talks about how the shortage of raw materials and high input prices are posing a challenge to small businesses in India. Mumbai: Inflation pressures are looming ominously on the Indian business horizon. While the margins of large domestic and multinational corporations have come under pressure, they still have the balance sheet heft to absorb raw material price shocks and the...

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