-India Spend India's transition to sustainable farming has to be calibrated and orchestrated well, drawing lessons from the successes of India's Green Revolution and the recent crisis in Sri Lanka, says sustainable farming expert P.S. Vijayshankar Bengaluru: The production-centric intensive agriculture brought about by India's Green Revolution in the 1960s, using high-yielding seeds, fertilisers and high levels of groundwater utilisation, helped India achieve food self-sufficiency by the 1970s, but has created a...
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WHOlesale inflation crashes to 21-month low of 5.85% in November
-Moneycontrol.com The drop in WHOlesale inflation comes two days after statistics ministry data showed the more Consumer Price Index (CPI) inflation fell far more than expected to 5.88 percent in November India's WHOlesale inflation fell to a 21-month low of 5.85 percent in November, according to data released by the commerce ministry on December 14. At 5.85 percent, the latest WHOlesale Price Index (WPI) inflation figure is a huge 470 basis points lower...
More »Govt will work to further bring down inflation: Nirmala Sitharaman in Lok Sabha
-PTI/ The Telegraph Experts say a high base of last year and some easing in food prices also worked in favour of the November 2022 WHOlesale price index The WHOlesale price-based inflation fell to a 21-month low of 5.85 per cent in November as prices of food, fuel and manufactured items softened. The WPI (WHOlesale price index) based inflation has been on a declining trend since May and came down to single digit...
More »Wheat Prices Zoom, Ration Offtake Falls -Subodh Varma
-Newsclick.in The government appears to be blithely indifferent to the devastation caused by its food grain mismanagement. The latest available data shows that the allocation of wheat for distribution through the Public Distribution System (PDS)— the ration system as it is known—has fallen dramatically this year. This has naturally led to a drop in offtake, that is, the distribution to needy families. Till October 2022, 115 lakh tonnes of wheat was allocated from...
More »What is in store for India’s imports?
There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...
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