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In a free fall

-The Telegraph Unlike 2013, the pressure on the rupee will endure This month, the rupee’s weakening trend has occupied our attention. Media reports have relentlessly focused on its fall to a ‘lifetime-low’ on a daily frequency. The authorities, on their part, have centred on measures to ease the mounting pressures up on the currency. Memory of the 2013‘taper tantrum’ is fresh in minds and has spurred a series of actions to prevent...

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Cost of living crisis hits poorest the hardest, warns UNCTAD

-UN News Billions of people are facing the greatest cost of living crisis in a generation due to rising food and energy prices amid rapid inflation and increasing debt, leaving the most vulnerable consumers in a dire situation, said the UN trade and development body, UNCTAD on Tuesday. UNCTAD’s analysis shows that a 10 per cent increase in food prices will trigger a five per cent decrease in the incomes of the...

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What does dwindling central wheat stock mean for prices and production? -Krishna Veera Vanamali

-Business Standard The wheat stocks in the Central pool have dropped close to the minimum required levels because of lower procurements. What does this mean for the grain's prices and production? As global wheat prices scaled record highs this year, in part due to the Russia-Ukraine war, bread-makers in India turned to multiple price increases. Today, a loaf of sliced brown bread costs Rs 50 while multi-grain bread costs Rs 65. This is...

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How Aadhaar authentication is helping dealers siphon off food rations in Jharkhand -Siraj Dutta

-Scroll.in A welfare scheme is not the space for technological experiments. In a state with poor nutrition, the government should act against corruption and exclusion. Ration dealers were siphoning off more than half of the grain entitlement of ration cardholders. That is what residents of several villages in Jharkhand’s West Singhbhum district noted at a recent public hearing on the functioning of the public distribution system in the area. The statements of participants...

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With fish in shallow waters disappearing, fisherfolk in Kerala staring at penury -Navamy Sudhish

-The Hindu Navamy Sudhish reports on the disastrous impact of extreme climate events, rising fuel prices, destructive fishing practices, and overexploitation on livelihoods and biodiversity As dawn breaks, Vitalis slowly glides into undulating waves below an azure sky. With a sparse crew of six, she bobs towards the fishing ground some 10 nautical miles off the shore. The boat returns after five hours, its hold nearly empty. A pall of gloom settles...

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