-The Indian Express Montek Singh Ahluwalia’s book helps frame the problem: Tilt in favour of consumer in food policy reduces incentives for farmers, makes it difficult to unlock resources for growth. Last month, Montek Singh Ahluwalia’s book, Backstage: The Story Behind India’s High Growth Years, was released. It is an account of India’s economic reform journey— a process in which Montek was an insider for about 30 years. Besides some very interesting...
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Kerala suspends biometric authentication for ration shops in all districts - Aaron Nedumparambill & Shilpashree Jagannathan
-TheNewsMinute.com As COVID-19 cases rise to 75 across the country, state governments are suspending the various touch points that could be a potential source of infection. The Kerala government’s Food, Civil Supplies and consumer Affairs department has decided to suspend biometric authentication for the public distribution system (PDS), popularly known as fair price or ration shops, in all districts till March 31. The number of people confirmed to have the COVID-19 disease...
More »Govt should tackle the demand side instead of dealing with the supply side of the economy -Yashwant Sinha
-The Indian Express This government is barking up the wrong tree. First of all, it is solely responsible for the present slowdown. Second, it has no understanding of what has caused the problem. Third, therefore, it is flailing its arms in all directions except the right one and causing more pain. I have often been criticised for being critical of the present regime, even by people near and dear to me. One...
More »NSO will not release report showing first decline in consumer expenditure in 40 years -Somesh Jha
-TheWire.in consumer spending surveys help set the base year for key macroeconomic data, including gross domestic product. New Delhi: More than a month after National Statistical Commission (NSC) chairman Bimal Kumar Roy said the official survey report showing a dip in consumer spending for the first time in over four decades would be made public, the autonomous data body decided against releasing the report. When asked why the NSC departed from its earlier...
More »Retail inflation: Why your grocery bill could remain high -Surabhi
-The Hindu Business Line Onion prices may be cooling, but food inflation likely to remain high; core inflation a worry consumers staring at rising prices are unlikely to have much reprieve. Analysts believe that retail inflation may be peaking now but caution that prices will remain high in coming months. So while onion prices have come down, your monthly grocery bill could still be on the higher side for the first half of...
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