-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of December, 2013 declined by 1.3 percent to 179.2 (provisional) from 181.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.16% (provisional) for the month of December, 2013 (over December, 2012) as compared to 7.52% (provisional) for the previous month and 7.31% during the corresponding month...
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Secret of India’s rising farm output: It's all in the genes -Sandip Das
-The Financial Express India's grain output has risen substantially in recent years. India's grain output has risen substantially in recent years, taking the country to the league of the world's largest producers of rice, wheat and horticultural crops thanks to the use of diverse seed varieties, among other things. And productivity at Indian farms could increase further in coming years thanks to a centrally managed gene bank that would help multiply seed...
More »Retail Inflation Slows to 9.87% in December
-Outlook Some moderation in vegetable and fruit prices eased December retail inflation to three-month low of 9.87 per cent, giving the Reserve Bank of India more leeway to manage interest rates. Inflation as measured by the Consumer Price Index (CPI) for November has been revised marginally downwards to 11.16 per cent from preliminary estimate of 11.24 per cent. Vegetable prices on annual basis rose 38.76 per cent in December, a slower pace than...
More »Food inflation may ease but supply-side woes pinch farmers, consumers -Anil Sasi
-The Indian Express Farmers are simply not among those benefiting from the higher prices of their produce. While a fall in headline inflation numbers will ensure some breathing space for embattled policy makers, the sharp surge in food inflation to a 41-month high of close to 20 per cent in November hides an even more disturbing fact - that despite the consistent spike in the year-on-year agri price levels at the...
More »'Network of retail cooperatives may help tame food inflation' -Siddharta & Surojit Gupta
-The Economic Times NEW DELHI: The government's key policymakers are drawing up plans to tackle the problem of stubborn food prices and may rope in cooperative entities to set up standalone stores to sell vegetables and other food products across the country. The race to tackle the inflation problem, identified as one of the factors for the rout of the Congress in the recent state elections, has gathered momentum in the run-up...
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