-Newsclick.in …while the government continues to remain clueless. By the end of June, wheat and flour prices were on fire with an incredible 10% inflation rate, according to the latest data available with the ministry of statistics and programme implementation (MoSPI). That means prices were 10% higher than in June last year. Just six months ago, in January, the inflation rate for wheat was 5.1%—uncomfortable but not yet lethal. This devastating rise...
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No respite for common man? After wheat and flour, now prices of maida soar -Harpreet Bajwa
-The New Indian Express The market buzz is that at Kandla port in Gujarat, from where maida is traded abroad, the price has touched around Rs 3,000 per quintal. CHANDIGARH: The prices of maida (refined Wheat flour) are soaring due to escalating international prices following the Ukraine conflict. The result is bakery products such as bread and biscuits could be costlier soon. Sources said the price of wheat has touched Rs 2,350 per...
More »Traders to hold nationwide protest against hike in taxes
-The Telegraph PM Modi’s Gabbar Singh Tax is the best example of his modus operandi — talk big, and when it’s time to act, make things worse: Congress Traders and shopkeepers will hold a nationwide protest next week against a hike in taxes on a range of products, including food grains and household items, and services that kicked in from Monday. “The 5 per cent goods and services tax on a range of...
More »Mr. Modi, How are you Going to Handle Wheat? -Subodh Varma
-Newsclick.in With wheat stocks at a 14-year low and procurement at a 20-year low, how is the ration system going to deliver this staple to crores of people? At the end of June this year, government procurement of wheat was about 188 lakh tonnes, dramatically down by 57% from last year’s 433 lakh tonnes, as per official figures. This is the lowest procurement amount in the last two decades. It was back...
More »Wheat Shouldn't Go The Way Of Covid Jabs: India Calls Out West On Exports
-PTI/ NDTV.com Global food crisis: At the high-level meeting, India spoke about the issue of the wheat export ban for the first time in the UN since its May 13 announcement. United Nations: Calling out the West, India on Wednesday said that food grains should not go the way of the Covid-19 vaccines as it voiced concern over hoarding and discrimination amid the "unjustified increase" in food prices. It stressed that its decision...
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