-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...
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Pulses will not let farmers reap the benefits -Deepa H Ramakrishnan
-The Hindu Chennai: Even as various agencies push farmers to take up cultivation of pulses, questions about seed availability and procurement are making agriculturists think twice about taking it up. Pulses bring in more profits, take lesser time to grow, require lesser water than paddy and fix nitrogen in the soil, thus reducing the use of fertilizers for the next crop. “Though the price of pulses in the retail market is quite...
More »Deregulation of produce market from APMC is bound to fail, thanks to haphazard arrangements -Mahesh Vijapurkar
-FirstPost.com When a cart is put ahead of the horse, neither manages much progress. That's the best that can be said about the Maharashtra government's decision to deregulate the vegetables and fruits market, freeing the farmers from the clutches of the agricultural produce market committees (APMCs). Farmers have been told that they no longer have to be at the mercy of the commission agents who manipulate prices and instead, they can sell...
More »Madhya Pradesh aims to reduce shortfall of pulses in India by half, increases cultivated area -Rahul Noronha
-India Today Statistics from the state agriculture department point to an almost 55 per cent increase in sown area of pulses, up from 15 lakh hectares last year to almost 23 lakh hectares during the ongoing kharif season this year. Will Madhya Pradesh be able to provide the much needed relief to consumers in prices of pulses? Perhaps, as the state expects the area under cultivation of pulses to go up by...
More »Are retailers to be blamed for the spike in pulse prices? -Sayantan Bera
-Livemint.com The difference between wholesale and retail prices was as high as 52% for a variety of pulses, shows an analysis of available data New Delhi: High prices of pulse varieties have been a constant point of worry for consumers and governments over the past year. While consecutive years of deficit rain cut supplies, leading to higher imports and a spike in prices, what went unnoticed is the divergence between retail...
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