-The Business Standard Unlike consumer prices, wholesale inflation provides little comfort If the consumer price index (CPI) numbers for May, released last week, provided some comfort about softening inflation, the wholesale price index (WPI) numbers for the same month, released on Monday, did just the opposite. Headline inflation went up from 5.2 per cent year on year in April to six per cent in May, the highest, by a whisker, since December....
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Onion prices likely to soar as major suppliers go on strike
-The Hindustan Times Already struggling with milk crisis, the state's residents may now face a shortage of onions, as onion traders in Nasik went on an indefinite strike from Monday. Nasik is a major onion supplier to Jharkhand and onion prices are likely to go up if the strike continues. "Nasik meets 40-50% of state's demand of onions. So, prices will go up for sure, if supply reduces. We hope the strike...
More »A small step, big leap in dairy farming-Annie Philip
-The Hindu Nabard's low-key financing scheme helps farmers reap a rich harvest Puducherry: A low-key financing scheme with a few innovations thrown in is driving big changes in the lives of several rural dairy farmers. One of the beneficiaries, Poongudi from Andayarpalayam, Thirubuvanai, is a happy woman. Her milch cows are healthier and milk production has improved in quantity and quality. "The cows do not fall ill often now. I have 10 cows and the...
More »WPI inflation eases to 5.2% in April-Vrishti Beniwal
-The Business Standard Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...
More »It’s about the poor -PP Sangal
-Down to Earth Poverty line figures hide people's aspirations There are lies, damn lies and statistics, American author Mark Twain once wrote echoing a similar statement by the British statesman Benjamin Disraeli. Statistics aim to reveal a lot, but they conceal vital information. This concealing tendency of statistics explains much of the flak received by the Planning Commission when it released figures on the poverty line. In 2012, the commission announced that...
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