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Vegetable prices push retail inflation to double digit

-PTI Retail inflation shot up to the double digit mark at 10.32 per cent in April on account of substantial increase in vegetable, edible oils and Milk prices. Based on the Consumer Price Index (CPI), the inflation for March was revised to 9.38 per cent from the provisional estimate of 9.47 per cent, as per the government data release here on Friday. Vegetable prices recorded the maximum of 24.55 per cent, followed by...

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Food prices double in UPA’s term-Sidhartha

If inflation has broken the back of the aam aadmi, the biggest contributor to the pain in the UPA's term is food prices. Government data on wholesale price index (WPI) shows that there has been a 63% increase in the price of all commodities between April 2004, a month before UPA took charge, and April 2012, the latest period for which data is available. But when it comes to food products,...

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Vegetable prices surge 61%, fuel 7.2% inflation in April

-The Economic Times Soaring vegetable prices pushed inflation higher in April, while fuel and manufactured product prices sustained their pressure posing a fresh policy challenge and announcing the return of price pressures in Asia's third-largest economy. Data released by the commerce & industry ministry on Monday showed the annual rate of inflation, based on monthly wholesale price index, stood at 7.23% for April, 2012, compared to 6.89% for the previous month and...

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Mind The Crease-Lola Nayar

Pawar’s Report Card The Negatives     Per capita availability of cereals and pulses has fallen in last eight years     No improvement in irrigation, 60% of agriculture still dependent on monsoons     Farmers growing cereals, sugarcane, oilseeds and pulses assured higher MSP, but majority don't benefit     Production up, but not productivity. Farmer suicides are on the rise.     Poor market advisory on exports being misused to buy cheaply from farmers and make profits overseas     Pawar...

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Farmers transforming traditional agriculture with modern technology and desi jugaad-Sudipto Mundle

The chattering classes of urban India are engaged in animated discussions about Didi, scams, policy paralysis , faltering reforms and declining growth. Meanwhile, the farming classes, who haven't seen much reform since the Green Revolution 50 years ago, continue to combine bits of modern technology with their ingenious capacity for 'jugaad' in transforming traditional agriculture. Here are a few examples. The tractor displaced the bullock in ploughing and other farm operations....

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