-PTI Wholesale prices based inflation surged to an eight-month high of 2.59 per cent in December, as against 0.58 per cent in November due to sharp rise in prices of food articles like onion and potato. Wholesale prices based inflation surged to an eight-month high of 2.59 per cent in December, as against 0.58 per cent in November due to sharp rise in prices of food articles like onion and potato. The annual...
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Wholesale inflation tames to 0.58 per cent
-The Hindu Business Line Consumers bore brunt of more expensive onion, potato and vegetables Wholesale inflation fell to 0.58 per cent in November 2019, down from 4.47 per cent in November 2018. Sequentially, wholesale inflation reported an increase, rising from 0.16 per cent in October 2019, according to a statement by the Ministry of Commerce and Industry. Please click here to read more. ...
More »Time to TOP up -Ashok Gulati & Harsh Wardhan
-The Indian Express Tomatoes-onions-potatoes face extreme price volatility. Addressing it requires sustainable solutions, not temporary ad hoc measures. Last month, on September 13, when onion retail prices crossed Rs 40/kg in Delhi, the government was hyperactive and imposed a minimum export price (MEP) of $850/tonne. Later on, as prices went further up to Rs 50-60/kg, stocking limits were imposed on traders and exports of onions were banned. It created problems in...
More »It's a fact. We don't want farmers to get rich -Zia Haq
-Hindustan Times India’s obsession with keeping food prices low, even when there’s no inflationary pressure, has long hurt farm incomes Farming is gloriously uncertain, thanks not just to uncertain weather, but also unpredictable policies. Let’s zoom into the finances of Bhupinder Pal Singh, a horticulturist from Babbain, a village in Haryana, a state that counts itself among the first places where India’s Green Revolution of 1960s began. In good years, Singh would earn...
More »Onion price rise temporary phase, govt boosting supply: Ram Vilas Paswan
-PTI New Delhi: Terming high onion prices as a “temporary phase”, Union minister Ram Vilas Paswan on Tuesday asserted that they have enough supplies in buffer stock to check prices of the staple food that trade data showed is ruling in the range of Rs 50-60 per kg in some parts of the country. Among metros, onion was quoting at Rs 34 per kg in Chennai, Rs 43 per kg in Mumbai,...
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