-ThePrint.in Pulses, except masur, are selling lower than MSP. Government must review its policy before it’s too late. Introduced as part of the Narendra Modi government’s aggressive measures last year to tame the spike in prices of pulses, it is time to review the open import policy of tur and urad. These pulses, in addition to chana and mung, have been trading below their MSP levels for a while now. With an...
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Why Telangana’s inflation is high compared to other states -Paul Oommen
-TheNewsMinute.com Telangana is among four states that have recorded the highest inflation in terms of Consumer Price index, as per data released by the National Statistical Office (NSO). In April, when the country’s retail inflation surged to an eight-year-high of 7.79%, state-wise data showed that Telangana had one of the highest inflation rate in the country: 9.02%. It was behind two other states—West Bengal which had 9.12% and Madhya Pradesh with 9.10%....
More »Forget minimum wages, MGNREGA workers not even receiving notified wages in many states
Every year in the month of either February or March, the Ministry of Rural Development (MoRD) announces the notified MGNREGA wage rates (i.e., notified daily wage rates for MGNREGA workers) for various states and Union Territories (UTs) for the upcoming financial year. The MGNREGA rates are notified every year based on the increase in Consumer Price index for Agricultural Labourers (CPI-AL). Like the previous years, in 2021 too, experts and civil...
More »Economy Facing Stagflation: Need to Improve Supplies and Keep up Demand -Arun Kumar
-Newsclick.in The economy faces stagflation. The steps announced by the government are a start. More needs to be done to eliminate supply bottlenecks without curtailing demand. The Government, worried about the inflation rapidly inching up month after month, has finally become pro-active. The steps announced are designed to lower the prices of basics like diesel, steel, cement and plastics. Wholesale Price Index (‘WPI’) has risen at more than ten per cent for...
More »Why is your tadka getting more & more expensive? Blame India’s reliance on edible oil imports -Nikhil Rampal
-ThePrint.in Indians spending 14% more on edible oil compared to last year. Experts expect a cooldown if no shocks prevail, government says ‘situation under control’. New Delhi: A bottle of cooking oil is a constant in every Indian kitchen, but its price is not. According to data sourced from the Department of Consumer Affairs, by 16 May, consumers in the country were spending an average of 14 per cent more, or an extra...
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