-PTI/ Business Standard "We have written to states that the government wants to bring private sector in the procurement process besides FCI and state agencies," food secretary Sudhanshu Pandey said. The Centre will soon invite private players along with Food Corporation of India and other state agencies to procure foodgrains for buffer stock, food secretary Sudhanshu Pandey said on Monday. He informed that the Union food ministry has already written to all the...
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Low Incomes Haunt India’s Growth -Subodh Varma
-Newsclick.in Three transformative steps could dramatically change this dire situation – provided Modi Govt. has the will to take them. Wage growth of households has declined from 8.2% in 2012-2016 to 5.7% in 2017-2021, according to a fresh study by a ratings agency. It will actually be even lower – around 1% - if inflation is taken into account. This slowing down of wage growth has happened in both rural and urban...
More »Is Food Inflation in India Driven by Demand or Supply? -Deepanshu Mohan, and others
-TheWire.in While domestic food price inflation is high globally, consumer food price inflation in India has increased from 0.68% to 8.38% between September 2021 and April 2022. Inflation has continued to peak at an all-time high in all economies around the world, with food and energy prices skyrocketing to unprecedented levels. Even industrially developed nations like the US, Canada, and the Eurozone, which experienced decades-long of stable price levels have struggles to...
More »Joblessness below pre-COVID levels: Finance Ministry
-The Hindu Q1 surge in private consumption not just a function of pent-up demand but also rising employment levels, it says Demand for work under the national rural employment guarantee scheme hit a two-year low in August, signalling that the recovering Economy.is creating more jobs in rural as well as urban India, the Union Finance Ministry said on Saturday. India’s inflation, the Ministry said, is “in control” and expected to moderate...
More »Surprising findings on India’s food habits -Kankana Trivedi
-VillageSquare.in A new study by the Development Intelligence Unit (DIU) sheds light on rural India’s eating habits, debunking several myths, like richer people eat a more diverse diet than the poor. In a sure sign of development, India has shifted from worrying about food security to worrying about nutrition security – ensuring its people get a richer, more varied diet. Simply put, a more diverse diet means more nutrition, more nutrition means healthier...
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