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Hard realities -Renu Kohli

-The Telegraph The economy remains vulnerable to headwinds The shortfall in economic growth in the April-June quarter against rosier predictions of most, including the central bank, came as a surprise.Few anticipated the gap between expected and actual performance would be as much (2.5-3 percentage points). It has prompted a tide of downward revisions for the whole year; these follow a previous round, two months ago, due to inflation, higher interest rates, and...

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Retail inflation inches up to 7% in August led by food price rise

-The Hindu The RBI has estimated a 7.1% inflation rate for the July to September quarter India’s retail inflation touched 7% in August, up from 6.71% in July, fuelled by a 7.62% pick-up in food prices paid by consumers, even as industrial production growth in July had dropped to the lowest level since April at just 2.4%, with output levels dropping 2.75% month-on-month.   This is the eighth successive month that retail inflation...

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food Ministry canteens to have millets on menu

-IANS/ The Statesman 2023 will be celebrated as the International Year of Millets. The Ministry said millets consumption helps in managing life style diseases. The Union food Ministry has directed its official canteens and meetings to serve millets in order to promote their consumption, in view of their health benefits. Millets may be included as one of the snacks/biscuits made of millets, such as ragi biscuits/cookies/ladoos and baked millet chips etc. as snacks...

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Piscean power -Nitin Sangwan

-The Telegraph Aquaculture is yet to see the kind of technological change that the agriculture sector underwent during the Green Revolution Fisheries is one of the fastest-growing sectors in the world that plays an important role in economic development as well as in facilitating nutrition security. Animal protein is a primary source of protein for billions of people and aquaculture provides for the livelihood of more than 10% of the global population....

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Inflation in basic commodities higher in rural areas than urban: Consumer Price Index -Himanshu Nitnaware

-Down to Earth Among states, West Bengal had the highest inflation at 10.29% The All India Consumer Price Index (CPI) for the month of August 2022, released by the National Statistical Office September 12, was found to be higher for rural areas than urban ones. The CPI in rural areas — 7.15 per cent — was higher compared to 6.72 per cent in urban markets. The Consumer food Price Index (CFPI) for rural...

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