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Price stabilisation fund for pulses can keep consumer budget in check

-Hindustan Times The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India’s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why — even with declining inflation — their household budgets are spinning out of control. After onion, the prices...

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Recipe for failure

-The Hindu Business Line Our pulses trade and output policies are made with the wrong ingredients The present spike in prices of pulses is a fallout of both structural and short-term factors. Years of flawed production and trade policies, along with the absence of technological breakthroughs to improve yields, have led to stagnation in output. The retail prices of pulses have galloped along at a faster rate ever since the fourth advance...

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Why the prices of pulses and dal have skyrocketed

-DNA State policies favouring certain food crops have rendered pulses forbiddingly expensive and the common man is feeling the pinch The huge spurt in dal prices, touching Rs180 per kilogram and even Rs200 in some cities, has come as a dampener to the festive season, and raised questions about the policies of the government. For some years now, India has been resorting to huge imports of pulses to meet domestic demand...

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The looming spectre of rural distress -Vatsala Kamat

-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

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Inflation falls to -4.95%, spurs deflation fears, rate cut hopes -TCA Sharad Raghavan

-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...

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