-The New Indian Express Narendra Modi’s overwhelming win has pushed the burning issues around agrarian distress on the back burner; but once the victory euphoria dies down, these will be pushing for recognition again. A crash in prices of farm produce and the demand for remunerative prices, and waiver of back-breaking loans are some of the issues staring the new government in the face. The interim budget recognised the distress by...
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Petrol and Diesel Prices on the Rise After Polls in India
-Newsclick.in The oil marketing companies are arguing that the continuous increase in prices this week is due to the 15 days trail in domestic prices of fuel as compared to international markets. As a result of the regular hike since the past six days, there is an increase of 0.50 paisa for petrol and 1.04 paisa for diesel all over India. The price of petroleum products had been kept at a moderate...
More »India's economy: broad hints of causes for worry
-The Telegraph Inflation and a poor monsoon may add to our woes in an economy already plagued with high unemployment and low demand The ministry of commerce has released the latest data on wholesale price index inflation. The data on food inflation have attracted attention as it soared to a 33-month high in April 2019. However, this rate of inflation is still moderate at 7.4 per cent. The inflation has been due...
More »After elections, oil marketing firms hike petrol, diesel prices
-The Hindu Petrol prices rise 8-10 p, diesel rates climb 15-16 p: IOCL data State-owned oil marketing companies (OMCs) increased prices of petrol and diesel across the country on Monday, a day after the last phase of Lok Sabha polls concluded. This could mark the beginning of a rising trend in fuel prices as they are once again aligned to the rising global oil prices. Petrol prices rose 8-10 paise, and diesel...
More »With growing debt and farmer suicides, agrarian crisis in India on the rise
-The New Indian Express As polling season concludes across the country, The Sunday Standard puts an ear to the ground and listens in to the expectations that India has from its next government NEW DELHI: Agrarian irony cries out in Punjab, the food bowl of the country, with farmers’ indebtedness only growing in recent years. The agrarian irony is marked by overproduction in the face of inadequate price, with lopsided institutional credit,...
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