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Seasonal variations in food prices dropped: RBI study

-The Economic Times   If food inflation seems to be pinching more, it is because vegetable prices barely decline in winters, milk rises through the year and egg prices remain high in summers - all because of rising demand.  Over the years, the seasonal variation in prices has dropped and consumers do not have the option of shifting to cheaper produce to keep daily costs down, says a recent Reserve Bank of India...

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Address supply side on food: World Bank

-The Business Standard   Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...

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A pola without bulls by Barkha Mathur

Who can forget Munshi Premchand's short story 'Do Bailon Ki Katha' that immortalizes the incredible bond an Indian farmer has with his bullocks? The economics of Indian farming and animal husbandry, however, are ensuring that this bond might live only in such fables. As will the sense of gratitude and pride with which rural India worships its bullocks on the day of Pithori Amavasya, also known as Bail Pola in...

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Wombs for rent by Anupama Katakam

The absence of a law regulating surrogacy makes India, especially Anand, a top destination for couples from abroad. UNTIL about 2008, the future looked bleak for Sharadaben Solanki. A landless daily-wage worker in Anand, Gujarat, she earned a paltry Rs.600 a month. Her husband earned an equal amount working as a construction labourer. Together the couple supported three children and their parents. That was when she heard from Maganbhai, the owner of...

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‘Republic of Bellary’ set to lose its independence by Samar Halarnkar

For five years, they controlled the administration in impoverished Bellary, even flattened state boundary markers to excavate iron ore—while insisting they had no mining interests in Karnataka. Now, the reign of the rulers of the “Republic of Bellary”—as the unofficial influence of two Bharatiya Janata Party​ (BJP) ministers and a milk federation chief, collectively called the Reddy brothers—appears to be at an end. As the Supreme Court on Friday banned all mining...

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