-The Hindu The latest inflation readings based on the Wholesale Price Index and the Consumer Price Index are a cause for concern. While the annual gain in wholesale prices hit a 23-month high of 3.55 per cent in July, retail inflation quickened past the Centre’s new Monetary Policy Framework’s upper limit for tolerance to 6.07 per cent. Food costs — a key component in both indices — were the main culprit....
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Food prices may cool on kharif sowing; rate cut unlikely
-PTI The rise in wholesale prices may provide partial relief to manufacturers and producers, although it brings bad news for household budgets of consumers. Experts and industry said kharif sowing trends indicate cooling of food inflation in the coming months, even as chances of a rate cut in the near-term are low, given the rise in WPI and retail inflation. Wholesale inflation soared to a 23-month high of 3.55 per cent in July...
More »From plate to plough: Seeds of change - Shweta Saini & Ashok Gulati
-The Indian Express On Independence Day, we salute our freedom fighters. We also remember Lal Bahadur Shastri who gave us the slogan, jai jawan, jai kisan. PM Modi needs to move from slogans to action to transform agriculture. Atal Bihari Vajpayee expanded the slogan to jai jawan, jai kisan, jai vigyan. The present government has an array of slogans for the farmers. Prime Minister Modi has coined so many — swacchh bharat,...
More »INDIA FOCUS: Rising Prices of Dal/ Pulses: How to deal with it? ... What's Being Done? ... A COMPREHENSIVE FACT CHECK...
Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...
More »Modi commends farmers for planting record pulses this kharif -Sanjeeb Mukherjee
-Business Standard Pulses acreage in the current Kharif season is almost 40 per cent more than last year and is even more than the average area covered in last five years The stupendous increase in sowing of pulses during the ongoing kharif season didn't escape Prime Minister Narendra Modi’s eye. During his Independence Day speech, the PM commended farmers for raising the area under pulses this season to almost 1.5 times more...
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