-The Business Standard The only way to fix food inflation Both the inflation figures for November and current market reports indicate that the contours of food inflation have changed tangibly of late. While the prices of pulses, edible oils and sugar have tended to either moderate or decline, those of staple cereals, notably rice and wheat, and of perishable items, chiefly vegetables and fruits, continue to propel food inflation higher. The blame...
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Now, onion over-supply leads to crisis -Dipak Kumar Dash
-The Times of India NEW DELHI: The government seems to be facing another onion crisis. If just a month ago it was scarcity and high prices that forced the government to almost stop export, this time abundant production and crashing prices is likely to cause unrest among onion growers ahead of the general election. There were reports of farmers halting business in Nashik on Tuesday as the wholesale price touched Rs 9.5...
More »Cereal offenders -Ila Patnaik
-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
More »Grain glut -Jyotika Sood
-Down to Earth India faces a surplus of foodgrains. Is exporting a good option? With India's grain mountain set to implode, the government is desperate to push the exports of rice and wheat. However, a global glut and the resulting depression of prices are dimming the prospects of foodgrain exports. According to the Food Corporation of India (FCI), the nodal agency for grain trade in the country, India is sitting on 34 million...
More »Prices of onion, tomato continue to rule high in NCR
-PTI Tomato and onion prices arecontinuing to rule high at Rs. 60-80 per kg in retail markets of the national capital region despite improved supplies and fall in wholesale prices. Tomatoes are being sold at Rs. 60-70 per kg, while onions are available at high rate of Rs. 70-80 per kg. Prices of another kitchen staple, potato, have also risen to Rs. 40-44 per kg. Potato, onion and tomatoes are the three most...
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