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Wholesale inflation at 6-month high of 3.59%; vegetables get 37% costlier

-PTI WPI-based inflation in September had been the highest since April's 3.85% New Delhi: Inflation at the wholesale level rose to six-month high of 3.59 per cent in October as the prices of food articles, led by onions and vegetables, rose sharply. Inflation, based on the Wholesale Price Index (WPI), was 2.60 per cent in September. In October last year, it was 1.27 per cent. Last month's inflation was the highest since April, when it...

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Farmers' protests shake Narendra Modi's 2019 bid as Indian economy slows -Archana Chaudhary

-Livemint.com For Narendra Modi, the protests involving hundreds of thousands of farmers highlight his struggle to deliver on the promises that swept him to power New Delhi: Anger over falling farm incomes has spilled onto streets across a swathe of India’s largest states as farmers struggle with food price deflation and a breakdown of the informal agriculture economy. For Prime Minister Narendra Modi—already grappling with a sharp economic slowdown and looming job cuts...

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Pulses farmers' profit falls sharply in 2016-17 due to adverse govt policies, record harvest: CRISIL -Sayantan Bera

-Livemint.com Average profit margin of farmers on all pulse varieties except gram (chickpeas) fell by 30% in 2016-17 year-on-year due to a record harvest and adverse government policies, said the CRISIL report New Delhi: The profitability of poor farmers in India who are dependent on rain-fed irrigation and grow pulses fell sharply during 2016-17 due to a record harvest and adverse government policies, said a report released on Monday. Average profit margin of...

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Centre keeping a tab on onion prices

-The Hindu Business Line Why is it up despite a bumper crop? New Delhi: The Centre on Monday said it is closely monitoring the price and availability of onions, as there is no reason for the price of the essential vegetable going up considering the bumper production this year. According to the third advance estimate of horticulture production, as much as 217.2 lakh tonnes of onion were produced in 2016-17, compared to the...

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Direct selling, adivasi style -Chitrangada Choudhury

-The Hindu Business Line At an organic market in Odisha, middle-class consumers get to interact with the producers of their food and appreciate traditional knowledge systems One Sunday morning in January, I visited an organic produce market located amidst dense bougainvillea creepers and rows of trees, on the grounds of the six-decade-old Christian Hospital in Bissamcuttack, a town in western Odisha’s Rayagada district. In policy and public imagination, Odisha, particularly its western districts...

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