-PTI Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative zone since November, 2014. Deflationary pressure continued for the sixth month in a row with inflation dropping to a new low of (-)2.65 per cent in April, mainly on account of decline in prices of fuel and manufactured items even as food prices increased. Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative...
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Protein intake in India dips 10%; oil, fat consumption up -Sushmi Dey
-The Times of India NEW DELHI: The average protein intake of a person through normal diet has dipped 6-10% in the past two decades with almost 80% of rural population and 70% of urban people not getting the government-designated 2,400kcal per day worth of nutrition, latest data shows. Comparative estimates drawn by the Federation of Indian Chambers of Commerce and Industry (Ficci) reveal that in urban areas the gap in nutrition intake...
More »Fish catch across India drops by 5% -Sudha Nambudiri
-The Times of india KOCHI: Fish lovers across India should brace themselves for some unappetizing news — odds are that those holidaying in Goa, Kochi or Kolkata will see a lesser number of sardines and hilsa shad on their seafood platter. Researchers have found that India's marine catch has dropped by 5% in 2014 when compared to the previous year, resulting in higher retail prices. As per estimates released by Central Marine...
More »Land acquisition: First, sow the seeds of security among farmers -Abhijit Banerjee
-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...
More »Miles to go for achieving food security
Those who compare India with China on equal basis, could be left with Egg on their face if the new Global Food Policy Report 2014-15 is to be read and believed. The recent report from International Food Policy Research Institute (IFPRI) shows why India is still faring much worse as compared to its neighbours including China, in the areas of agriculture and food security. In 2012, China spent close to...
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