-The Economic Times   If food inflation seems to be pinching more, it is because vegetable prices barely decline in winters, milk rises through the year and egg prices remain high in summers - all because of rising demand.  Over the years, the seasonal variation in prices has dropped and consumers do not have the option of shifting to cheaper produce to keep daily costs down, says a recent Reserve Bank of India...

-The United Nations   The United Nations and international figures marked World Food Day today with calls for immediate aid and longer-term solutions, and warnings of factors that keep hundreds of millions mired in hunger, such as price swings and gender discrimination. In a message delivered to a ceremony at the UN Food and Agriculture Organization (FAO) headquarters in Rome, Secretary-General Ban Ki-moon stressed that there is more than enough food on the...

-The Economic Times   Chief economic advisor Kaushik Basu has said that part of the blame for the sustained high inflation in India must go to rising wages.  Basu believes that labour cost differences between the developed and labour-surplus countries such as India that have been in existence for a long time have now started narrowing which is feeding into higher prices within the country.  "The reason for inflationary pressures in India is that...

The members of Bhartiya Kisan Union on Tuesday threatened to take a six-month holiday every year for 10 years from framing if the government fails to take note of the hardship faced by farmers over rising prices and acquisition of farm land for commercial activity. Rakesh Tikait of Uttar Pradesh said with increasing input costs, farmers were finding it difficult to cultivate round the year. “If the government does not pay...

prices increase six times this kharif forcing farmers to spend an additional Rs. 1,000 crore Increase in the prices of all fertilizers except urea six times during the current kharif season has burdened the farming community in the State by about Rs. 1,000 crore additionally. It is likely to add to the production cost heavily coupled with the increase in other input costs like seed, labour charges, diesel and pesticides. Scanty rainfall...