-The Indian Express India's wholesale price inflation accelerated 7.23% in April, compared with 6.89% in the previous month, as food and manufactured items turned dearer, heaping pressure on the central bank against any dovish approach to monetary easing despite shrinking economic activity. The government has revised up the inflation figure for February to 7.36% from 6.95% estimated earlier, according to the data released by the industry ministry on Monday. Prices of food articles...
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Mind The Crease-Lola Nayar
Pawar’s Report Card The Negatives Per capita availability of cereals and pulses has fallen in last eight years No improvement in irrigation, 60% of agriculture still dependent on monsoons Farmers growing cereals, sugarcane, Oilseeds and pulses assured higher MSP, but majority don't benefit Production up, but not productivity. Farmer suicides are on the rise. Poor market advisory on exports being misused to buy cheaply from farmers and make profits overseas Pawar...
More »Supreme Court notice to food authority on checking supply of adulterated milk -Savvy Soumya Misra
Petition seeks comprehensive policy on production, supply and sale of healthy, hygienic and natural milk The Supreme Court on May 9 sought a response from the apex food body, the Food Safety and Standards Authority of India (FSSAI), and the states regarding milk adulteration and production of synthetic milk. The three-judge bench sought their response on the public interest petition filed by Swami Achyutanand Tirth on behalf of the Swami Bhumanand...
More »Unique identity crisis-Latha Jishnu, Jyotika Sood
-Down to Earth Biometric-based unique identity or Aadhaar is leading to huge problems for people working for the rural employment guarantee scheme and for others receiving welfare benefits. Not only have enrolments been done shoddily but the experience of the pilot projects shows that it is almost impossible to authenticate the work-hardened fingerprints of the poor, find Latha Jishnu and Jyotika Sood. Besides, there is the overwhelming issue of deficient online...
More »How normal monsoon could impact agriculture, inflation, income & storage-Mishita Mehra
Last week, the Indian Meteorological Department (IMD) released its first annual monsoon forecast for June-September. Monsoons are likely to be normal with the probability of deficient or excessive monsoons being relatively low, according to IMD. If this prediction comes true, what does this really mean for India's economy? Impact on agricultural output: The first and most important impact is, of course, on agricultural production, especially in the kharif or summer season....
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