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Retail inflation falls to 11-month low of 5.88 per cent in November

-PTI/The Telegraph In December 2021, the retail inflation stood at 5.66 per cent Retail inflation dipped below the RBI's upper tolerance level of 6 per cent for the first time in 11 months in November as softening prices of food items brought relief but the central bank may wait for more data before pausing hikes in interest rates. As per the data released by the National Statistical Office (NSO) on Monday, the consumer...

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Wheat Prices Zoom, Ration Offtake Falls -Subodh Varma

-Newsclick.in The government appears to be blithely indifferent to the devastation caused by its food grain mismanagement. The latest available data shows that the allocation of wheat for distribution through the Public Distribution System (PDS)— the ration system as it is known—has fallen dramatically this year. This has naturally led to a drop in offtake, that is, the distribution to needy families. Till October 2022, 115 lakh tonnes of wheat was allocated from...

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Stay watchful: On October inflation data

-The Hindu Policymakers can ill-afford to drop their guard in the fight against inflation October’s inflation data point to a welcome softening in price gains that should offer some succour to monetary policy authorities, who have been battling to rein in runaway inflation since the beginning of this year. Retail inflation, or price gains based on the Consumer Price Index, slowed to 6.77% last month, from September’s 7.41%, aided by an appreciable...

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Starved of data: India’s hungry people go missing from FAO report -TK Rajalakshmi

-Frontline.in FAO’s latest report found world hunger rising. However, India’s data on food insecurity is missing. The Food and Agriculture Organisation’s “State of Food Security and Nutrition in the World (SOFI) 2022” report begins with a dismal piece of data: the number of people unable to afford a healthy diet has increased by 112 million to touch 3.2 billion, a reflection of rising Food prices during the pandemic. The report, a joint effort...

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Reforming the PDS for better nutrition -Surabhi Mittal

-Hindustan Times India ranked 107th out of 121 assessed countries on the 2022 Global Hunger Index (GHI). Although there are some measurement issues in the GHI, the report says there is high malnutrition in India due to rice-wheat biased policies. Malnutrition in India manifests itself in terms of triple burden – underweight especially among poor, hidden hunger (deficiency in micronutrients), and overweight. The National Food Security Act, 2013 (NFSA) was introduced to...

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