-The Hindu KANCHEEPURAM (Tamil Nadu): Till yesterday a group of 21 women self-help groups in Avalur and Oothukaadu hamlets near Wallajahbad were producers of horticultural products. From Friday, they have taken up direct sales of a portion of their harvest in Kancheepuram town. While greens are raised on about 30 acres at Oothukaadu by 15 SHGs, others are engaged in cultivation of vegetables such as radish, brinjal, tomato on about 20 acres...
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Vegetable prices may go up on short supply in Delhi, warn retailers -Shaswati Das
-The Hindustan Times New Delhi: Vegetable prices are likely to rise this week as wholesalers across the board have gone on strike protesting the Delhi government's decision to stop the 6% commission charged by distributors from farmers. Retailers in the city stated that even though they were selling at the previous rates on Monday, they would be forced to charge higher prices or not sell at all from Tuesday owing to the...
More »Can higher interest rates tame India's food inflation? -Dipak Dasgupta
-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt growth. Poor and urban middle-class households have been affected the most. A combination of slowing growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...
More »Have Farmers Benefited from High Vegetable Prices in 2013? -Kannan Kasturi
-Economic and Political Weekly Price spikes in onion in 2010 and 2013 brought little benefi t to farmers. It is the big traders who manage to maintain high stocks that make a killing in times of sudden price rise. The government's solutions to such problems have only resulted in the further deterioration of wholesale agricultural markets in many states. Kannan Kasturi (kasturi_kannan@yahoo.com) is an independent researcher and writes on public interest and...
More »Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of December, 2013
-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of December, 2013 declined by 1.3 percent to 179.2 (provisional) from 181.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.16% (provisional) for the month of December, 2013 (over December, 2012) as compared to 7.52% (provisional) for the previous month and 7.31% during the corresponding month...
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