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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar

-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...

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Ram Vilas Paswan, the minister in charge of food and public distribution talks with Sanjeeb Mukherjee

-The Business Standard Interview with Union minister in charge of food and public distribution Ever since the new government took office in May, food prices and related issues have been one of the most discussed subjects. Ram Vilas Paswan, the minister in charge of food and public distribution, says hoarders are to blame. And, speaks of the various other priorities under his charge. Edited exceprts of a talk with Sanjeeb Mukherjee: * The...

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Data in: hoarding fears hyped, price-rise problem is seasonal -Anil Sasi

-The Indian Express For tomato, however, the difference jumped from 4 per cent on July 8 to 100 per cent on August 8. A month after the central government brought onions and potatoes under the Essential Commodities Act, 1955, and empowered states to put stockholding limits on these vegetables to rein in hoarders, the difference between their wholesale and retail prices has not reduced. And in the case of other kitchen staples such...

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Farmers to have ‘Kisan Mandi’ in Delhi by September

-The Economic Times NEW DELHI: Farmers will be able to directly sell fruits and vegetables to consumers and wholesalers in Delhi as the city will have a 'kisan mandi' by September after the government changes the law that gives traders and middlemen a monopoly. Farmers and farmer producer organisations (FPOs) will be able meet part of Delhi's demand of 15,000 tonnes of vegetables a day after the Delhi Agriculture Produce Market (APMC)...

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National Food Grid on cards to help ease prices, cut wastage -Shishir Sinha and Aditi Nigam

-The Hindu Business Line Govt preparing food map to identify ‘critical' products and districts To bring down wastage and stem the rise in food inflation, the Government is planning to create a National Food Grid on the lines of the power grid. The proposed grid will ensure that all types of food are available in every part of the country all through the year. "As the first step, we are preparing a National...

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