-Outlook Chandigarh: In the wake of shortage of supplies from neighbouring states like Himachal Pradesh, prices of vegetables including Tomato and potato have seen a significant surge in the last one week in Punjab and Haryana. Tomato prices have jumped from Rs 50 last week to Rs 70 per kg in the retail markets this week, traders said. Over a month ago, Tomatoes, which are integral to preparation of most Punjabi dishes, were...
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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »Maharashtra's irrigation system tied in knots -Aman Sethi
-The Business Standard Agrarian crisis in the state appears as much a failure of planning as the result of a shortage of rain On a dry and cloudless day this month, Balbir Krishna Ingde sat by the Ujjani Dam in the Krishna basin, one of Maharashtra's largest irrigation projects, and confronted the problem of scarcity amid presumed abundance. "The water is filling up the reservoir. If only they could release it into the...
More »Commodities price ease as monsoon advances -Suresh P Iyengar
-The Hindu Business Line Edible oil, sugar prices drop sharply as rainfall deficit shrinks to 19% Mumbai: With the monsoon deficit shrinking and the Government keen to crack down on hoarders, prices of most essential commodities such as edible oil, sugar and wheat are showing signs of softening in the wholesale market. After a lacklustre start, the South-West monsoon has recovered since mid-July. The rainfall deficit has shrunk to 19 per cent currently.....
More »Ram Vilas Paswan, the minister in charge of food and public distribution talks with Sanjeeb Mukherjee
-The Business Standard Interview with Union minister in charge of food and public distribution Ever since the new government took office in May, food prices and related issues have been one of the most discussed subjects. Ram Vilas Paswan, the minister in charge of food and public distribution, says hoarders are to blame. And, speaks of the various other priorities under his charge. Edited exceprts of a talk with Sanjeeb Mukherjee: * The...
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