Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...
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Double-whammy: inflation is rising, factory output is falling
-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...
More »Pulses will not let farmers reap the benefits -Deepa H Ramakrishnan
-The Hindu Chennai: Even as various agencies push farmers to take up cultivation of pulses, questions about seed availability and procurement are making agriculturists think twice about taking it up. Pulses bring in more profits, take lesser time to grow, require lesser water than paddy and fix nitrogen in the soil, thus reducing the use of fertilizers for the next crop. “Though the price of pulses in the retail market is quite...
More »Deregulation of produce market from APMC is bound to fail, thanks to haphazard arrangements -Mahesh Vijapurkar
-FirstPost.com When a cart is put ahead of the horse, neither manages much progress. That's the best that can be said about the Maharashtra government's decision to deregulate the vegetables and fruits market, freeing the farmers from the clutches of the agricultural produce market committees (APMCs). Farmers have been told that they no longer have to be at the mercy of the commission agents who manipulate prices and instead, they can sell...
More »Finance ministry rejects report seeking revision in MGNREGS pay -Elizabeth Roche
-Livemint.com The report also suggested revising pay under MGNREGS on the basis of Consumer Price Index for Rural (CPI-Rural) as the appropriate index New Delhi: The finance ministry has rejected a report by the rural development ministry, which recommended that wages under the national rural employment guarantee scheme (NREGS) be made equal to or higher than the minimum wage determined by state governments. The report prepared by a panel headed by S....
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