-The Financial Express Higher output of rice, wheat and pulses to soften Retail prices Supported by normal monsoon last year and more than normal kharif and rabi sowing, the country’s foodgrain production in 2016-17 crop year is estimated to increase by 8% from the previous year to record 272 million tonne (mt). According to the second advance estimates of production of major crops — rice, pulses, oilseeds, cotton and sugarcane for the crop...
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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...
More »From plate to plough: Growth amidst gloom -Ashok Gulati
-The Indian Express Agriculture GDP bucks the trend of decline in other sectors. But can the government help the farmers sustain this growth? The first advanced estimates of GDP growth for the financial year 2016-2017 (FY17) show a marginal decline from 7.6 per cent last year to 7.1 per cent this year. Of the various sectors, gross value added at basic prices (2011-12), mining and quarrying is down from 7.4 per cent...
More »Making Pulses Affordable Again: Policy Options from the Farm to Retail in India -P K Joshi, Avinash Kishore and Devesh Roy-
-Economic and Political Weekly P K Joshi (p.joshi@cgiar.org), Avinash Kishore (a.kishore@cgiar.org) and Devesh Roy (d.roy@cgiar.org) are with the International Food Policy Research Institute, New Delhi. While outlining strategies to increase availability of pulses at affordable prices, it is argued that increasing domestic production of pulses is the only option. Access to one or two protective irrigation sources during the growing season can lead to sizeable increases in pulse production. The har khet...
More »Demonetisation brings digital dividend to Kerala, 14,500 ration shops to get e PoS machines -M Sarita Varma
-The Financial Express Thiruvananthapuram: Ration shops in Kerala are readying to go the ATM way soon. As many as 14,500 ration retail shops in Kerala will soon be equipped with electronic point of sale (ePoS) machines, which would work as micro-ATMs. The Kerala State IT Mission has been asked to hasten a connectivity survey in rural areas to ensure uninterrupted internet connection, before introducing micro-ATM facility at all fair-price shops. Although the...
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