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Wholesale prices up 5.25% year-on-year in January -Kirtika Suneja

-The Economic Times NEW DELHI: India's wholesale inflation saw a sharp rise in January owing to costlier fuel and power even as food items continued to remain cheaper. Data released by commerce and industry ministry on Tuesday showed WPI inflation at 5.25% compared with 3.39% in December. Fuel and power inflation rose 18.14% in January from 8.65% in December. WPI inflation in manufactured products, which has a 64.97% weight in the index, increased...

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Retail inflation cools to 5-year low of 3.2% in January

-The Times of India NEW DELHI: Retail inflation cooled to five-year low in January on the back of sliding vegetable and food prices but the lurking price pressure may prompt the Reserve Bank of India (RBI) to maintain a wait-and-watch policy on interest rate for now. Data released by the Central Statistics Office (CSO) on Monday showed inflation, as measured by the consumer price index (CPI), rose 3.2% in January, slower than...

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Where not just the food, but the price is tempting too -Tripti Nath

-TheWeekendLeader.com Chennai: In Tamil Nadu, former Chief Minister Jayalalithaa’s posthumous omnipresence is best reflected in the success of the 657 Amma Unavagams (canteens) that serve piping hot fare at unbelievably low rates to anyone who walks in looking for a satisfying meal.   These canteens provide barrier free access and are managed efficiently by a dedicated, diligent and disciplined army of women. Some even wake up at the crack of dawn and start...

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How Demonetisation Has Accelerated Tamil Nadu's Deepening Agrarian Crisis -R Ramasubramanian

-TheWire.in Out of the 144 recorded farmer suicides, over 40 were from outside the Cauvery delta region. Observers and farmers directly attribute demonetisation as one major factor behind the suicides. Tamil Nadu is facing one of its worst agrarian crises since independence. All of the state’s 32 districts have been officially declared as ‘drought-affected’.  In a statement issued on January 10, chief minister O. Panneerselvam announced that the move was necessitated following...

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Missing stock is harming our food security

-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...

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