-The Hindu The RBI has estimated a 7.1% inflation rate for the July to September quarter India’s retail inflation touched 7% in August, up from 6.71% in July, fuelled by a 7.62% pick-up in food prices paid by consumers, even as industrial production growth in July had dropped to the lowest level since April at just 2.4%, with output levels dropping 2.75% month-on-month. This is the eighth successive month that retail inflation...
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Tamil Nadu Farmers Upset With DMK Govt’s Revised Paddy Procurement Price -Sruti MD
-Newsclick.in Farmers' organisations said that the prices of seeds, fertilisers, pesticides, fuel and others have spiked the cost of production, but the paddy MSP has been increased by only Rs 1 per kg. Chennai: Paddy farmers in Tamil Nadu are disappointed with the recently fixed minimum support price (MSP) for paddy. Tamil Nadu Chief Minister M K Stalin, on August 30, announced the paddy prices for the upcoming procurement season of 2022-23. It...
More »Fuelling problems: India’s poor are being forced to return to unclean cooking fuels; here’s why -Seema Prasad
-Down to Earth With LPG prices crossing the Rs 1,000-mark, the poor now have to make unfair choices about their basic standard of life Farm labourer Mahadesha from Karnataka, groundnut farmer R Chandrashekharreddy from Andhra Pradesh, homemaker Geeta from Haryana and slum dweller Naresh from Ghaziabad are facing the same dilemma. The cost of a liquified petroleum gas (LPG) cylinder has crossed over Rs 1,000 on the back of regular price revisions...
More »Wholesale Price Inflation Eases To 13.93% In July
-PTI/ NDTV The Wholesale Price Index-based inflation was 15.18 per cent last month and at a record high of 15.88 per cent in May. New Delhi: The wholesale price-based inflation eased to 13.93 per cent in July on easing prices of food articles and manufactured products. The Wholesale Price Index-based inflation was 15.18 per cent last month and at a record high of 15.88 per cent in May. It was 11.57 per cent in...
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...
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