-The Indian Express One area that has seen some reform, though, relates to minimum support prices (MSP) payable on official paddy and wheat purchases. The “perfect storm” kicked up by extreme weather events and lower crop price realisations — not to mention the political backlash resulting from its controversial land acquisition ordinance — has meant that the first year of the Modi sarkar has gone by without any major reforms in...
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After rain, glut hits farmers -Sandip Das
-The Financial Express Sorai Village: Even as official data show food inflation at 5-6%, elevated levels compared with the subdued prices of most other items, farmers are barely realising remunerative prices for their produce, another reason why rural consumption demand is dismally low. Potato farmers in Uttar Pradesh, for example, are selling the vegetable at a fifth of the price a year ago, thanks to a glut caused by excess production...
More »WPI inflation dips to record low in April
-PTI Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative zone since November, 2014. Deflationary pressure continued for the sixth month in a row with inflation dropping to a new low of (-)2.65 per cent in April, mainly on account of decline in prices of fuel and manufactured items even as food prices increased. Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative...
More »TB, diabetes drug prices to fall by 30% -Sushmi Dey
-The Times of India NEW DELHI: The drug price regulator has capped prices of 30 medicines including antibiotics and those used in treatment of diabetes, tuberculosis and malaria. The move is expected to bring down prices of most of these medicines by 25-30%. However, in some cases the reduction could be by as much as 50%. The National Pharmaceutical Pricing Authority (NPPA), which has the mandate to regulate prices of essential medicines,...
More »Fish catch across India drops by 5% -Sudha Nambudiri
-The Times of india KOCHI: Fish lovers across India should brace themselves for some unappetizing news — odds are that those holidaying in Goa, Kochi or Kolkata will see a lesser number of sardines and hilsa shad on their seafood platter. Researchers have found that India's marine catch has dropped by 5% in 2014 when compared to the previous year, resulting in higher Retail Prices. As per estimates released by Central Marine...
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