-PTI In Nov, retail inflation had jumped to a more than three-year high of 5.54 per cent on costlier food products Retail inflation rose to about five-and-half year high of 7.35 per cent in December 2019, surpassing the RBI's comfort level, mainly due to spiralling prices of vegetables as onions were selling costlier. The unexpected jump in inflation diminished the chances of the RBI cutting interest rate at its next monetary policy review...
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Retail inflation rose to 7.35% in December -- the highest since July 2014
-Scroll.in The figures breached the tolerance band of the Reserve Bank of India’s Monetary Policy Committee Retail inflation rose to 7.35% in December from 5.54% the month before, government data showed on Monday. The rate of inflation exceeded the tolerance band of the Reserve Bank of India’s Monetary Policy Committee, Bloomberg reported. At the current level, retail inflation is at its highest since July 2014. Inflation was pushed up by a rise in...
More »Unsustainable food & land use can cost us a lot in the future, says new report
-Press release by Food and Land Use Coalition dated 10 January 2020 India can ensure healthy diets for its growing population, improve livelihoods and plug waste by adopting better food and land use practices New Delhi, January 10, 2020 – With a population projected to reach 1.5 billion people by 2030, and climate risks threatening food security, livelihoods, water supply and human health, India needs to urgently shift to sustainable food...
More »An Indian baby boom that is not really one
-Livemint.com News of India recording the world’s most New Year’s Day births seems to have revived talk of a strict population control policy. But there is no need for panic. Nor state intervention. For decades, doomsday theories of our population boom have been used to explainrising poverty and unemployment, food shortages and health crises, environmental degradation and climate change. This New Year’s Day, Unicef, the United Nations’ children’s agency, estimated that nearly...
More »Double trouble: On uneven inflation and sluggish growth
-The Hindu Uneven inflation and sluggish growth present serious dilemmas for policymakers Policymakers face a tricky dilemma as prices in the economy continue to rise even as economic growth has plummeted to well under 5%. Food inflation, now in double-digits, has caused significant pain. The International Monetary Fund on December 23 called for “urgent” policy measures to reverse the current slowdown that has weighed down global economic growth. The warning is timely...
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