-Moneycontrol.com The spike in WPI will put more pressure on the rate-setting body to initiate a tight policy stance On April 18, the government data showed that India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February. With this, the WPI inflation has now been in double-digit territory for 12 consecutive months. What is the significance of this data?...
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India witnessed sharp decline in poverty with 12.3 percentage points between 2011-2019. Details here
-Livemint.com Poverty reduction was higher in rural areas compared to urBan India as rural poverty declined from 26.3% in 2011 to 11.6% in 2019, while in urBan areas the decline was from 14.2% to 6.3% during the corresponding period, as per report Spelling some relief for the country's prosperity, India's extreme poverty declined 12.3 percentage points lower in 2019 than in 2011 as poverty headcount rate has dropped from 22.5% in 2011...
More »WPI inflation rises to 14.55% in March, completes one year in double-digit territory
-MoneyControl.com The rise in wholesale inflation in March to a four-month high comes after data released on April 12 showed the more closely-tracked headline retail inflation rate jumped to a 17-month high of 6.95 percent last month India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February, according to data released by the commerce ministry on April 18. The...
More »India objects to WHO methodology for calculating COVID-19 toll -Bindu Shajan Perappadan
-The Hindu Health Ministry responds to reports of India stalling the world health body’s efforts India has been in regular and in-depth technical exchange with the World Health Organization (WHO) on the issue of collecting and making public the COVID-19 death toll in the country, the Union Health Ministry said on Saturday in response to The New York Times article titled India Is Stalling the WHO’s Efforts to Make Global Covid Death...
More »UP farmers throng private shops to sell wheat; give procurement centres a miss
-BusinessToday.in In the light of the current state of affairs in the state, UP government's target to hit record high in wheat procurement by June 15, 2022 looks like an elusive dream. The footfall of farmers at government-run procurement centres in Uttar Pradesh (UP) has been alarmingly low this season. The typically noisy, bustling centres were strangely quiet across several locations in the state for the last two weeks. Only a handful of...
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