-Livemint.com The company estimates that it will have to increase prices by another 10% this year if spot prices of key commodities persist in the current fiscal NEW DELHI: Biscuit maker Britannia Industries Ltd, said it will have to take “tough calls" and initiate price corrections as Inflationary headwinds continue to persist. In the last fiscal, the maker of Good Day biscuits and packaged cheese hiked prices by 10%. Major factors for the Inflation...
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Inflation control needs another model -Pulapre Balakrishnan and M Parameswaran
-The Hindu Lasting Inflation control would require placing agricultural production on a steady footing Inflation is back as a talking point in the public arena, some would say belatedly, for wholesale price Inflation has been in the double digits for over 12 months. India’s official measure of Inflation, the rate of change of the consumer price index, has now breached the Reserve Bank of India (RBI)’s upper target of 6% for three...
More »Costing norms for mid-day meals, Anganwadis not revised despite food Inflation -Shagun
-Down to Earth Schools, Anganwadis find it difficult to meet nutritional needs of children, mothers, as a result Schools and Anganwadi centres (AWC) are finding it difficult to effectively run programmes that address the nutritional needs of children and mothers. This is because the government has not revised costing norms for mid-day meals despite Inflation, teachers and activists said. There is an urgent need to re-evaluate the cooking cost of programmes such as...
More »India had dropped the ball & exported excess wheat in 2004-05. Modi govt shouldn’t repeat it -Shweta Saini, Siraj Hussain, and Pulkit Khatri
-ThePrint.in In 2004-05, lack of information on private trade contracts resulted in much larger quantities of wheat exports than intended. India had to import for years to make up. It is clear by now that Indian wheat production in 2021-22 Rabi season is going to be lower than the government’s second advance estimate of 16 February 2022, of 111.32 million metric tonnes (MMTs). The moot question is by how much? Also, if...
More »Poor Economics: Has India’s poverty really fallen? -Santosh Mehrotra & Jajati Parida
-Financial Express Dataset and methodological weaknesses cast doubt on recent poverty estimates that claim drastic reduction Bhalla, Bhasin and Virmani in a working paper (IMF), claimed India’s poverty, per a $1.9 per person per day poverty line (at PPP), was 0.9% of the population in 2020. Thanks to government transfer of free rations of 5 kg per person month, it fell to 0.8% (from 0.9% in 2019). Roy and de Velt, for...
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