-Frontline.in Recently released data from the CSO, which claimed that demonetisation had had no significant impact on the performance of the economy, raise more questions than provide answers. Official data released by the Central Statistical Organisation (CSO) on the last day of February, which claimed that the national gross domestic product (GDP) rose by 7 per cent in the October-December period, the third quarter of 2016-17, came as a morale booster...
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Agriculture ministry keeps Bt cotton seed prices unchanged for Kharif season -Sayantan Bera
-Livemint.com An agriculture ministry notification issued last week said the maximum sale price of BG-II Bt cotton will be Rs800 per 450gm packet of seeds New Delhi: After a reduction in the retail price and royalty fees of genetically modified (GM) Bt cotton seeds last year, the agriculture ministry has kept prices unchanged for the upcoming Kharif crop season. According to a notification issued by the farm ministry on 10 March, maximum sale...
More »Pricier food, fuel push WPI inflation to 39-month high -Surabhi
-The Hindu Retail inflation too inches up in February New Delhi: Retail and farm gate prices surged in February as food articles and fuel products became more expensive. Data released on Tuesday revealed that consumer price index (CPI) based inflation rose to a four-month high of 3.65 per cent in February this year as against 3.17 per cent in January. It was, however, much higher at 5.26 per cent in February last year. Meanwhile,...
More »From Plate to Plough: A finger on the pulses -Ashok Gulati
-The Indian Express Government must give a level playing field by removing restrictions on markets and exports Last year, roughly at this time, the price of tur dal (split pigeon pea) in the retail market was hovering around Rs 180/kg. The prices of other pulses were not far behind. They were all spiralling due to back-to-back droughts during 2014-15 and 2015-16. Production of all pulses had plunged to 16.5 million metric tonnes...
More »India's February WPI inflation firms up to 6.55% -Raj Kumar Ray
-Hindustan Times India’s wholesale price index-based inflation flared up to two-and-a-half years high of 6.55% in February from 5.25% in January mainly due to a spurt in mineral and fuel prices while food prices started rising following rapid remonetisation. The spurt in WPI inflation adds to the worries of a pent up demand after demonetisation which may prompt Reserve Bank of India to keep policy interest rates unchanged for some more months. The...
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