-Livemint.com Imports may total 5 million metric tonnes in 2016-17, the most since 2006-07, according to estimates New Delhi: India may Import the most wheat in a decade as output declines in the world’s second-biggest producer. Imports may total 5 million metric tonnes in 2016-17, the most since 2006-07, according to the median estimate of seven traders surveyed by Bloomberg. Production is set to decline 1.8% to 85 million metric tonnes in the...
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How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty
-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
More »Rural demand: How much can the monsoon help? -Renu Kohli
-Livemint.com In the last decade, the rural constituent has emerged an Important factor for overall private final consumption, which forms more than half (55-60% range) of India’s demand side GDP An above-average monsoon is commonly expected to be a key demand driver in 2016-17. Gross domestic product (GDP) forecasts for the year incorporate a revival in rural consumption—a segment that suffered severe setback from two successive years of adverse rainfall. In...
More »Govt team leaves for Mozambique to explore pulses Imports
-The Hindu Business Line New Delhi: To tackle the rising prices of pulses and check its shortage, a high-level government delegation on Tuesday left for Mozambique to explore Import options. A Central team is already in Myanmar for the same purpose. The delegation, led by Hem Pande, Secretary, Consumer Affairs, also consists of senior officials from the Ministries of Commerce, Agriculture and MMTC and will explore short- and long-term measures to Import...
More »Machines back to help transplant paddy in Punjab -Divya Goyal
-The Indian Express The machines failed to click with farmers after the state government Imported around 650 such machines from China and Japan and supplied them to the farmers on subsidy. Ludhiana: Paddy transplantation is on in full swing in the state and back in action this season are the forgotten transplanters. The machines failed to click with farmers after the state government Imported around 650 such machines from China and Japan and...
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