-Livemint.com As the base effect wears off in some categories and unseasonal rains affect winter sowing, the prognosis for food inflation doesn’t look good Food inflation, which inched up to 6.08% in November, is the main story in Monday’s Consumer Price Index (CPI) data. Lentils were the main culprits for the rise. Inflation in pulses and pulses products rose to a high of 46.08% since the new series has been released. Inflation...
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Why Odisha’s farmers are taking their lives -Biswajit Padhi
-Civil Society Online Bhubaneswar: Laxman Goud, a 35-year-old farmer in Thakurpalli village in Komna block of Nuapada district of Odisha, used to lead a very simple life. He was a devoted follower of Mahima Dharma, a subaltern religion practised by underprivileged castes in Odisha. One morning, he took his life in desperation. He couldn’t repay Rs 19,000 he had borrowed from a local moneylender at 36 per cent interest. Goud had invested...
More »Kerala Will Implement National Food Security Act: Government
-PTI Thiruvananthapuram: The Congress-led UDF government in Kerala today made it clear that it would not backtrack from implementing the National Food Security Act and said a survey to identify the beneficiaries is underway. State Civil Supplies Minister Anoop Jacob informed the Assembly that the government had already requested the Centre for some more time to implement the Act. "We will not backtrack from implementing the National Food Security Act. We...
More »Tomato prices in city red hot at Rs 80/kg
-The Times of India HYDERABAD: Tomatoes might soon go off the common man's dinner plate, thanks to a steep hike in prices of the vegetable triggered by widespread destruction of farmland by unseasonal floods. The staple food item at almost every kitchen, available at Rs 15/kg in the open market in April this year, has now jumped five-fold to Rs 75-80/kg. The sudden spike, has also become a talking point on twitter,...
More »Trajectory of distress: From farm to factory
-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...
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