-Down to Earth Despite being a world leader in pulses production, India has been forced to import due to crop loss and seed deficit. The sharp rise in prices is only a symptom Rani Devi, 47, is drying chickpea (chanaa daal) in Kuite Khera village of Uttar Pradesh. She intends to use them as seeds in the coming rabi season (October to December), as she is facing acute shortage of seeds....
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Why skyrocketing onion prices pack a pungent punch -Gaurav Choudhury
-The Hindustan Times The skyrocketing prices of onions, a key ingredient used in making dishes ranging from curries to biryanis, reflects India’s inability to insulate staples from weather-induced supply disturbances. On Thursday onions traded at Rs 4,900 a quintal (or Rs 49 a kg) at Lasalgaon in Maharashtra, India’s largest wholesale market for the crop. Inadequate supplies have pushed up prices sharply over the last few weeks. Already, retail onion prices have...
More »Swaminathan MSP: Solution to Agrarian Crisis and Farmers’ Distress? -Ranjit Singh Ghuman
-Economic and Political Weekly Farmers' unions and political parties have been demanding the implementation of the Swaminathan minimum support price (cost plus 50%) to address agrarian crisis and farmers' distress. But they have not raised demands for the implementation of the recommendations of the National Commission on Farmers, which have the potential to provide lasting solutions. Ranjit Singh Ghuman (ghumanrs@yahoo.co.uk) is a Nehru SAIL Chair Professor, Centre for Research in Rural and...
More »Inflation is down? Really? -Rajalakshmi Nirmal
-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
More »India's Wholesale inflation falls further to (-)2.4%
-IANS NEW DELHI: India's annual rate of inflation based on wholesale prices continued in the negative territory in June, falling further to (-)2.4 per cent from (-)2.36 per cent for the month before, official data showed on Tuesday. The annual rate of inflation, as per the official wholesale price index, stood at 5.66 per cent in the corresponding month of the previous year, according to data released by the ministry of commerce...
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