-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...
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Food inflation to cool in August with prices of crops falling steeply amid good rains -Madhvi Sally
-The Economic Times NEW DELHI: Food inflation is poised to moderate significantly when data for August is released next month as the wholesale price of pulses has eased 30% while vegetable rates have dropped as much as 50% in some markets in the past four weeks because normal monsoon rainfall has raised prospects of a bumper harvest after two years of drought. Prices of all farm commodities are likely to fall noticeably...
More »Maharashtra: Pulses on the low as increased sowing sparks market losses -Partha Sarathi Biswas
-The Indian Express Volatility of prices has been one of the major reasons for farmers being weaned away from pulses towards sugarcane. Pune: Last year, when prices of dal had rocketed, both the state and central governments had announced several efforts to increase cultivation of pulses in the country. While the area under cultivation has seen an increase by 119 per cent, wholesale prices of the commodity has seen a dip,...
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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