-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...
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Retail inflation is not just about petrol, diesel -TS Ramakrishnan
-The Hindu Business Line Rather than cut Fuel prices, encouraging farmers to step up cultivation of oilseeds and raising LPG subsidy and vegetables will ease food inflation It is true that a reduction in the prices of petro products will result in a modest fall in the prices of various commodities. However, the reduction in petro prices will happen only when both Central and State governments forgo a substantial portion of the...
More »North India faces an acute fodder shortage, courtesy wheat crisis, climate change -Arvind Shukla
-Down to Earth Wheat straw is being sold at Rs 1,100-1,700 per quintal; it was being sold at Rs 400-600 per quintal last year Farmers across north Indian states are facing a shortage of dry fodder due to the wheat crisis, which in turn, has been primarily fuelled by an unusually hot March, according to farmers, agricultural scientists and experts. Many farmers chose to plant mustard instead of wheat this rabi season in...
More »Will implement CAA when Covid pandemic ends: Amit Shah in Bengal
-Hindustan Times Although the controversial law was passed in 2019, the rules on how it is to be implemented have not been framed yet, and the government has said this will happen once the pandemic ends. The Citizenship Amendment Act (CAA) will be enforced as soon as the Covid-19 pandemic gets over, Union home minister Amit Shah said in West Bengal on Thursday, accusing the ruling Trinamool Congress in the state of...
More »States vs Centre: Which govt. increased the fuel tax rate? -Vignesh Radhakrishnan
-The Hindu What is the Opposition-ruled States’ stand on reduction of value added tax to bring down petrol prices? The story so far: Petrol is retailing at more than ₹100 per litre across India. While rising crude oil prices have added to the burden, the primary reason behind the steep increase in pump Fuel prices over the last few years is the gradually rising Central Government's excise duty component. Currently, for every...
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