-The Times of India NEW DELHI: The government on Friday swung into action on the rising prices of major pulses, particularly arhar, and took a string of decisions to enhance supplies. Within hours after the Times of India report, the government decided to import another 5,000 tonnes of arhar to stem the prices which have been spiraling in the past few months. "At a high-level meeting held here today (Friday), the...
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Inflation is down? Really? -Rajalakshmi Nirmal
-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
More »The Dal Is On The Boil -Lola Nayar
-Outlook Pulses are falling off the poor man’s plate. Price rise may hit the middle class next. Pulses—all-important as a source of protein—are set to be spoilers this year in the government’s endeavour to keep a check on food inflation. Already, over the last nine months, the prices of some pulses have jumped 64 per cent in major cities. This is because of below-normal monsoon last year, compounded by untimely rain and...
More »Veggie, fruit prices soar by up to 100% -Subodh Varma
-The Times of India NEW DELHI: Prices of most food items have been inching up relentlessly through the past year despite several so-called reforms in management of food supply chains. While staples like wheat flour and rice have become marginally costlier, prices of pulses like masoor and arhar have soared by up to 30%. Barring a few exceptions, prices of vegetables and fruits have shot up by 20 to 50%, and...
More »Your food is not cheaper yet, but wait a while -Harish Damodaran
-The Indian Express * Have global agri-commodity prices fallen? By how much? They have. The Food and Agricultural Organisation's latest Food Price Index (base: 2002-04 = 100) of 192.3 for October is down 6.9 per cent compared to a year ago, and 19.1% below the all-time high of 237.7 reached in February 2011. Prices of commodities such as corn, wheat, soybean, sugar and palm oil traded in international futures exchanges are today...
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