-The Hindu Business Line Average prices of liquid milk in the North Eastern region saw the highest increase between January 1 and November 22, followed by the North, East, West and South regions. Inflationary pressures on milk remain unabated as Mother Dairy has decided to hike prices on two of its milk variants, effective Monday. While milk prices have been on the rise this year, dairy products such as curd and ice...
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Outflow of Finance and Impact on Third World -Prabhat Patnaik
-Newsclick.in World capitalism is entering a new phase in which Third World economies will Witness persistent outflow of finance, even if they raise interest rates in tandem with US rates. There are two defining and portentous features of the current world economic situation. One, which is well discussed, is the world-wide increase in interest rates in response to the pervasive inflationary upsurge; it would indubitably generate recession and unemployment, which, notwithstanding all...
More »Global Hunger Index: Misplaced Debate and Ignoring Priorities -Achin Chakraborty and Simantini Mukhopadhyay
-The India Forum The annual public debate over the poorly constructed Global Hunger Index is all hot air; in the process the critical issue of child undernutrition in India, where authentic data is available showing very slow improvement, gets ignored. In the seminal book An Uncertain Glory: India and its Contradictions, Jean Drèze and Amartya Sen lamented that "social failures that are of enormous importance for development" received scant attention in public...
More »FMCG industry continues to see slowdown; sales volume falls in rural markets in Sept. quarter: report
-PTI/ The Hindu ‘The consumption decline in the rural markets continues to be led by both double-digit price increases and lower unit growth’ The country's FMCG industry continued to Witness consumption slowdown in the September quarter, with rural markets registering a higher decline in volumes compared to the three months ended June, says a report. Also, consumers continued to prefer purchasing smaller packets amid companies hiking prices in response to broader inflationary pressures,...
More »Bengal’s premium variety aromatic rice Witnesses 11% decline in price -Shobha Roy
-The Hindu Business Line Production of Gobindobhog rice is estimated to be 5-7 per cent higher this year on the back of a better-quality crop giving a better paddy to rice conversion rate West Bengal’s premium variety of aromatic rice — Gobindobhog – has Witnessed a near 11 per cent decline in prices on the back of prospects of arrival of a higher crop and better quality produce. The imposition of 20...
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