-The Hindu Business Line But food prices rise to 33-month high of 7.37% New Delhi: Wholesale Price Index (WPI)-based inflation for April eased to 3.07 per cent, from 3.62 per cent in the same month last year. The latest WPI print was also lower than 3.18 per cent recorded in March this year. Build up inflation for the financial year so far was 0.75 per cent, lower than 0.86 per cent in the...
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Supply squeeze, monsoon fears lift tur prices -Vishwanath Kulkarni
-The Hindu Business Line Prices of pulses — mainly Tur and Tur dal — are on the rise due to factors such as a supply squeeze, monsoon concerns and increase in consumption. Bengaluru: Tur prices in the major markets of Maharashtra and Karnataka have moved up by about ?1,000 a quintal over the past month to exceed the minimum support price (MSP) level of Rs.5,675. They are currently ruling at Rs.5,700-5,900 a...
More »Will food inflation be a pain for next government? All depends on cloud cover -Aparna Iyer
-Livemint.com Food inflation stood at 1.38% in April after nearly 30 months of disinflation If it rains are below expectations, the steady rise in food prices would flare up, which would be a headache for the new government Mumbai: Indians had the good fortune of experiencing benign food prices for the last two years. This streak is now about to end as food inflation is back. It was 1.38% in April after nearly 30...
More »Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data
The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
More »The Danger Of Silver Bullets -Ajay Vir Jakhar
-The Indian Express Rural crisis needs nuanced interventions, not tall promises in party manifestos Farmers were sold a dream in 2014 that everything was going to change. But now they have compelling reasons to feel they were deceived. Party manifestos indicate what the politicians want us to believe. After elections, winners get either selective amnesia (Rs 15 lakh in each bank account), re-interpret promises (MSP at C2+50 per cent), continue to...
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