-Hindustan Times Food price index leapt 7.75% in June on the back of a global spiral in commodity prices, slightly lower than 7.97% in May India’s retail inflation marginally eased for the second month in a row to 7.01% in June from a year ago, official data on Tuesday showed, but consumer prices, which rose 7.04% in May, continued to breach the Reserve Bank of India’s upper limit of 6% for the...
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Forget minimum wages, MGNREGA workers not even receiving notified wages in many states
Every year in the month of either February or March, the Ministry of Rural Development (MoRD) announces the notified MGNREGA wage rates (i.e., notified daily wage rates for MGNREGA workers) for various states and Union Territories (UTs) for the upcoming financial year. The MGNREGA rates are notified every year based on the increase in Consumer Price Index for Agricultural Labourers (CPI-AL). Like the previous years, in 2021 too, experts and civil...
More »Rural food prices continued to surge in April -AM Jigeesh
-The Hindu CPI for agricultural and rural workers increased by 10 points each last month Rising food prices spurred an increase by 10 points each in the all-India Consumer Price Index (CPI) for agricultural and rural labourers, respectively, last month, the Ministry of Labour and Employment said in a release on Saturday. An increase in the prices of rice, wheat-atta, jowar, bajra, ragi, vegetables and fruits contributed the bulk of the spike in...
More »The poor are bearing the brunt of inflation -Krishna Raj
-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...
More »Bharat fuelling retail inflation -Shishir Sinha
-The Hindu Business Line Experts attribute it to higher cost of providing goods and services and more money under schemes Retail inflation based on Consumer Price Index (CPI) for rural areas is higher than urban areas for four successive months with West Bengal, Madhya Pradesh, Telangana and Haryana recording double-digit rural retail inflation in April. These are among the 17 States that witnessed higher retail inflation in rural areas. However, in Karnataka, Kerala,...
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