-The Hindu Business Line Retail inflation worrisome on regional variations and transportation challenges New Delhi: Retail inflation may have eased to a 13-month low of 4.31 per cent in September, but surging prices continue to pinch the pockets of consumers in rural areas due to regional variations and transportation challenges. Though the Consumer Price Index (CPI)-based inflation in rural areas fell to 4.96 per cent in September, against 5.87 per cent in August,...
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How's the economy really doing? -TCA Sharad Raghavan
-The Hindu There are multiple ways to arrive at an answer, but each metric points in a different direction. If someone asks you how the Indian economy is doing, how would you answer? Would you say that the Gross Domestic Product and Gross Value Added (GVA) are both above 7 per cent, and so the economy is growing strongly? Or would you say that the Index of Industrial Production (IIP) has contracted for two straight...
More »Agriculture economics: The next big farm solution - cutting production costs -Harish Damodaran
-The Indian Express In a scenario of depressed crop prices, a unique PPP model in milk shows the way out. Coimbatore: For roughly a decade from 2004-05 to 2013-14, Indian farmers experienced rising incomes from higher crop prices year after year — something they pretty much took for granted. That party ended with the crash in global commodity prices, hitting agricultural exports hard and translating into lower farm-gate realisations for most crops. But...
More »Out of essentials list, prices of 100 drugs may increase by 10% -Sushmi Dey
-The Times of India NEW DELHI: Prices of around 100 medicines, including those for Alzheimer's, diabetes and hypertension, could rise by up to 10% after they were removed from the national list of essential medicines. Though the move is likely to impact consumers, it comes as a relief to drug makers reeling under stringent price regulation for over a year. Overruling a previous order by the drug price regulator, the Centre has...
More »Why has inflation moderated in India? -Sajjid Z Chinoy
-Livemint.com Contrary to popular perception, it’s not because of good luck or necessarily a large growth sacrifice; policymakers deserve more credit than they get One of the most visible macroeconomic successes in India over the last three years has been the sustained moderation of headline Consumer Price Index (CPI) inflation. CPI (industrial workers) averaged 9.5% for six years between 2007 and 2013. For the last 30 months, however, it has averaged...
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