-Financial Express Due to the steep rise in raw material prices, many small enterprises have crossed the threshold of small enterprises and graduated to medium, making them ineligible for government subsidies. Federation of Indian Micro and Small & Medium Enterprises (FISME) is calling for suggestions to put before the central government as they seek to revise the definition of Micro, Small and Medium Enterprises (MSMEs) in the country. The criteria for Udyam...
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Amul, Mother Dairy Milk Prices To Rise By Rs. 2 From Tomorrow
-NDTV.com The increase in milk prices comes in view of a rise in input costs, Amul and Mother Dairy said. New Delhi: Milks prices are set to increase with dairy brands Amul and Mother Dairy announcing a ₹ 2 raise in its prices due to a rise in procurement and other input costs. The new prices for both the brands will be effective from Wednesday, the companies said. For 500 ml, Amul Gold...
More »Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »Prices of Food Items Rising Unchecked… -Subodh Varma
-Newsclick.in …while the government continues to remain clueless. By the end of June, wheat and flour prices were on fire with an incredible 10% inflation rate, according to the latest data available with the ministry of statistics and programme implementation (MoSPI). That means prices were 10% higher than in June last year. Just six months ago, in January, the inflation rate for wheat was 5.1%—uncomfortable but not yet lethal. This devastating rise...
More »India’s ‘wheat waiver’ WTO demand is risk-fraught -Prabhash Ranjan
-The Hindu Such a stand will dilute its core agenda of pushing for a permanent solution to public stockholding for food security One of the cardinal demands of India in the World Trade Organization (WTO) — and rightly so — has been to find a permanent solution to the issue of public stockholding (PSH) of food to protect India’s food security (PSH policy). India’s PSH policy is based on procuring food from...
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