-PTI/NDTV.com August is the 17th consecutive month of double-digit wholesale price inflation (WPI). NEW DELHI: The wholesale price-based inflation eased for the third consecutive month in August to 12.41 per cent, on softening in prices of manufactured items, even as food items saw an uptick. The Wholesale Price Index-based inflation was 13.93 per cent in July and 11.64 per cent in August last year. August is the 17th consecutive month of double-digit wholesale price...
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Deregulation of Agricultural Marketing: How has it Affected the APMC System in Karnataka? -Ayush Kumar
-Foundation for Agrarian Studies In December 2020, in line with the Central Farm Laws, the Government of Karnataka passed an amendment to the Karnataka Agricultural Produce Marketing (Regulation and Development) Act, 1966. This amendment reduced the scope of the Agricultural Produce Marketing Committees (APMC) by effectively ending their status as the only place (with some exceptions) where wholesale agricultural trade was permitted by law. Despite the three Central Farm Laws being...
More »Realistic analysis shows that the Indian economy has simply taken little steps in Q1 instead of a quantum leap
There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...
More »The global threat to our food security -Himanshu
-Livemint.com We must raise procurement to prepare for a possible rise in inflation as global food supplies shrink Recent data on inflation suggests a softening of the trend of rising inflation in retail prices. Much of the inflation this year has been driven by rising food prices, particularly edible oil and more recently cereals, primarily wheat. This has followed the global trend in food prices, which softened last month, even though they...
More »Staple spikes: Has an abnormal Kharif 2022 caused rice prices to rise -Raju Sajwan
-Down to Earth The United States Department of Agriculture has said rice production in India may decline by 0.9% in 2022-23 due to uneven rains Rice prices are spiking across India, even in areas where it is the staple. This development comes even as the country has experienced an abnormal Kharif season, with uneven distribution of rainfall. The cereal that forms the staple diet of over half of India’s population has become prohibitively...
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