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Inflation is now the top concern: Reserve Bank of India

-The Telegraph Rising prices have now come to confront central banks globally, particularly after Russia’s invasion of Ukraine Mumbai: The RBI has brought inflation control to the forefront of its agenda. Pilloried for going soft on prices, the central bank sharply raised the inflation forecast for the year and warned it would withdraw its accommodative stance if inflation strayed too far away from the target. The RBI has been prioritising growth over inflation for...

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As fuel rates soar, fish prices jump in Kolkata -Rittick Mondal

-IndiaToday.in The prices of fish in Kolkata have increased due to the hike in fuel rates Kolkata: With the rise in the rates of fuel across the country, fish prices too increased in Kolkata. The prices of fruit, vegetables and meat have been increasing. Households in the city are being forced to cut down the food budget as the prices of food essentials have jumped in the market, including the rates of fish. Fish...

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Vegetable prices shoot up in Delhi-NCR; lemon rates past Rs 300/kg

-BusinessToday.in Vegetable vendors say their sales have dwindled and profits have shrunk because of the increased transportation cost and the subsequent hike in the buying price. Vegetable prices have skyrocketed in Delhi and adjoining areas owing to an increase in the transportation costs due to the hike in fuel prices.  Vegetable vendors say their sales have dwindled and profits have shrunk because of the increased transportation cost and the subsequent hike in the...

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Rethinking agrarian suicides in India -Sthanu R Nair

-The New Indian Express First, existing studies have analysed the intensity of farmer suicides in isolation, i.e. without comparing farmer suicides with those by other professionals. Farmer suicides have always been a highly debated issue in the public discourse on agriculture sector performance in India. According to National Crime Records Bureau (NCRB) data, 3,58,164 people engaged in the farming profession have committed suicide in India from 1995 to 2019. Though these numbers...

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PM Free Ration Scheme Kept Extreme Poverty Lowest During Pandemic 2020: IMF

-PTI/ NDTV.com The working paper titled 'Pandemic, Poverty, and Inequality: Evidence from India' presents estimates of poverty and consumption inequality in India for each of the years 2004-5 through the pandemic year 2020-21. New Delhi: Pradhan Mantri Garib Kalyan Yojana (PMGKAY), which provides free foodgrains to poor people, played a key role in keeping extreme poverty in India at the lowest level of 0.8 per cent during the pandemic-hit 2020, according to...

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