-The Hindustan Times The skyrocketing prices of onions, a key ingredient used in making dishes ranging from curries to biryanis, reflects India’s inability to insulate staples from weather-induced supply disturbances. On Thursday onions traded at Rs 4,900 a quintal (or Rs 49 a kg) at Lasalgaon in Maharashtra, India’s largest wholesale market for the crop. Inadequate supplies have pushed up prices sharply over the last few weeks. Already, retail onion prices have...
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Inflation is down? Really? -Rajalakshmi Nirmal
-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
More »Monsoon deficient by 9% so far, uneven spread a worry -Zia Haq
-Hindustan Times India’s June-September monsoon has been deficient so far and quite uneven in its spread, with the rain-bearing system entering a phase that will largely determine whether the country can escape a drought for the first time in six years. Overall, rains have been 9% lower than normal, with sharper deficits in some areas. Rainfall during August-September, the remaining two months of the rainy season, would be poor at 84%, the...
More »Who said inflation is down? -Rajalakshmi Nirmal
-The Hindu Business Line Though the overall price trend is declining, for many items of daily consumption, especially food, it has risen Wholesale and consumer price indices are trending lower, but this has not brought relief to the common man. In May, the wholesale price index recorded negative growth for the seventh consecutive month. The consumer price index edged marginally higher in May to 5.01 per cent, from 4.87 per cent a...
More »More dal, less bhaat -Ashok Gulati and Shweta Saini
-The Indian Express Government should devise a crop-neutral incentive structure to attract farmers to pulses over paddy. Policymakers and consumers can rejoice in the light of the latest price data. Food inflation in particular has witnessed significant moderation. In May 2015, food prices were up by only 2.3 per cent at wholesale and 5 per cent at retail levels over May last year. The increases in minimum support prices for the...
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