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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...

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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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Kharif foodgrain harvest to break past records, show first advance estimates -Sayantan Bera

-Livemint.com India’s Kharif foodgrain production is estimated at 135 million tonnes in 2016-17, 9% higher than the year before New Delhi: Boosted by a normal monsoon, India’s rain-fed Kharif harvest will be the highest ever in history, show first advance estimates of crop production released by the agriculture ministry on Thursday. India’s Kharif foodgrain production is estimated at 135 million tonnes in 2016-17, 9% higher than the year before, when a crippling drought...

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Foodgrain output set to touch record 135 million tonnes

-The Hindu Business Line Rice, pulses lead the production figures New Delhi: Foodgrain production in the on-going kharif season is expected to be at a record high of 135.03 million tonnes (mt) with a record output predicted for pulses and rice, according to production estimates released by the Agriculture Ministry. “This is higher than the previous record production by almost 4 million tonnes (about 9 per cent). The way farmers are working, in...

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Govt misled ryots on cotton cultivation?

-The Times of India HYDERABAD: A government advisory not to grow cotton this kharif crop season has landed state farmers in trouble with prices of alternative crops they were encouraged to grow falling. And rubbing salt into their wounds, the price of cotton has been witnessing a dramatic rise. Further, there has been no word from the government so far on initiating market intervention measures and procuring of produce at minimum support...

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