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Veggies may soar further as peak production season ends: Report

-PTI Vegetable prices rose up to 100% in the April-July period due to low arrivals of the harvest in mandis, Assocham said In a "most worrying" sign for consumers, the prices of vegetables in retail markets are likely to shoot up further in coming months as the 'peak production season' came to an end, says a report. In the shorter horizon, there will be "more pressure on the market arrivals of vegetables as...

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Double-whammy: inflation is rising, factory output is falling

-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...

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Pulses will not let farmers reap the benefits -Deepa H Ramakrishnan

-The Hindu Chennai: Even as various agencies push farmers to take up cultivation of pulses, questions about seed availability and procurement are making agriculturists think twice about taking it up. Pulses bring in more profits, take lesser time to grow, require lesser water than paddy and fix nitrogen in the soil, thus reducing the use of fertilizers for the next crop. “Though the price of pulses in the retail market is quite...

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Are retailers to be blamed for the spike in pulse prices? -Sayantan Bera

-Livemint.com The difference between wholesale and retail prices was as high as 52% for a variety of pulses, shows an analysis of available data New Delhi: High prices of pulse varieties have been a constant point of worry for consumers and governments over the past year. While consecutive years of deficit rain cut supplies, leading to higher imports and a spike in prices, what went unnoticed is the divergence between retail...

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Farmers plant more area under pulses, move away from Bt cotton -Sayantan Bera

-Livemint.com The agriculture ministry says an area of 12.1 million hectares has been planted with pulses, over 11% more than the five-year average sown under the crop New Delhi: Buoyed by good rains and higher prices, farmers across India have planted a record area under different varieties of pulses, shows data released by the agriculture ministry on Friday. So far, an area of 12.1 million hectares has been planted with pulses, over...

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