-The Indian Express Government has the opportunity to rein in food inflation on a sustainable basis. In his Independence Day speech, Prime Minister Narendra Modi counted his government’s achievements. Bringing down inflation from double digits to below six per cent was emphatically mentioned as one that brought relief to the aam aadmi. Without doubt, we witnessed moderation in the overall consumer price index (CPI) and wholesale price index (WPI) levels in the past...
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Retail inflation might not fall much in kharif season -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...
More »Pulses and cereals are key worries in inflation -Ishan Kumar Bakshi & Indivjal Dhasmana
-Business Standard The latest bout of retail inflation was caused by vegetables, but prices of these items are not as worrisome as those of pulses The latest bout of Consumer Price Index (CPI)-based inflation was caused by vegetables, but prices of these items are not as worrisome as those of pulses, which saw a slight moderation in June. Besides, inflation in cereals has been rising modestly, but if not checked this could...
More »Food inflation pulses up -Ravi Krishnan
-Livemint.com As the base effect wears off in some categories and unseasonal rains affect winter sowing, the prognosis for food inflation doesn’t look good Food inflation, which inched up to 6.08% in November, is the main story in Monday’s Consumer Price Index (CPI) data. Lentils were the main culprits for the rise. Inflation in pulses and pulses products rose to a high of 46.08% since the new series has been released. Inflation...
More »Why poverty is development’s best friend -G Sampath
-The Hindu The ‘development’ discourse serves the same purpose as the colonial apparatus but without the bad press. After 67 years of failing to eliminate deprivation in India, is it time to look for new ideas? The Socio-Economic and Caste Census (SECC) 2011, which hit the headlines earlier this month, tells us that half the households in rural India are landless, dependant on casual manual labour, and live in deprivation. By suggesting...
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