-The Hindu Policymakers can ill-afford to drop their guard in the fight against inflation October’s inflation data point to a welcome softening in price gains that should offer some succour to monetary policy authorities, who have been battling to rein in runaway inflation since the beginning of this year. Retail inflation, or price gains based on the Consumer Price Index, slowed to 6.77% last month, from September’s 7.41%, aided by an appreciable...

-NDTV.com Wholesale price-based inflation (WPI) eased in October to 8.39 per cent year-on-year, the lowest since March 2021. Wholesale price-based inflation eased in October to 8.39 per cent year-on-year, compared to 10.70 per cent in September, helped by a fall in commodity prices, government data showed on Monday. Declining for the fifth consecutive month, that Wholesale Price Index (WPI) reading is the lowest since March 2021 and below a double-digit rise for the...

-Frontline.in FAO’s latest report found world hunger rising. However, India’s data on food insecurity is missing. The Food and Agriculture Organisation’s “State of Food Security and Nutrition in the World (SOFI) 2022” report begins with a dismal piece of data: the number of people unable to afford a healthy diet has increased by 112 million to touch 3.2 billion, a reflection of rising food prices during the pandemic. The report, a joint effort...

-Hindustan Times India ranked 107th out of 121 assessed countries on the 2022 Global Hunger Index (GHI). Although there are some measurement issues in the GHI, the report says there is high malnutrition in India due to rice-wheat biased policies. Malnutrition in India manifests itself in terms of triple burden – underweight especially among poor, hidden hunger (deficiency in micronutrients), and overweight. The National Food Security Act, 2013 (NFSA) was introduced to...

-Hindustan Times The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based subsidy (NBS) scheme New Delhi: The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved an additional ₹51,875 crore subsidy for phosphatic and potassic (P&K) fertilisers for the rabi or winter-sown season, amid high global prices. The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based...