-The New Indian Express KURNOOL: Prices of Tomatoes have crashed to as low as 50 paise per kg at Pattikonda and Alur wholesale markets of Kurnool district after a bumper harvest and low demand, leaving farmers in tears. After transporting the produce to the market by incurring a huge cost, the farmers come to know that the prices have slumped a new low. Not knowing what to do — whether...
More »SEARCH RESULT
Retail inflation surges to 15-month high of 4.88% on food price, breaches RBI target
-The Times of India NEW DELHI: Consumer price inflation (CPI), or retail inflation as it is better known, for the month of November stood at 4.88 per cent with comparison to 3.63 per cent during the corresponding period last year. The government data revealed on Tuesday shows that the inflation rate has surged to 15-month high. The previous high was recorded at 5.05 per cent in August last year. November's inflation numbers...
More »Agri experts call for income security, price support for farmers
-The Hindu Business Line Meet Jaitley for pre-Budget discussion New Delhi: Experts from the agriculture sector have sought measures to offset the impact of inflation on crops and income security for farmers and also debated the farm loan waiver at a pre-Budget meeting with Finance Minister Arun Jaitley on Tuesday. This was the first such meeting and the Finance Minister will meet more sectoral groups this week to get their proposals for the...
More »Egg prices hits a high, now as costly as chicken -Harish Damodaran & Parthasarathi Biswas
-The Indian Express Considering that egg production isn’t going to recover as fast as broiler, consumers may have to wait for a few weeks for prices to ease. New Delhi/ Pune: Egg prices have gone through the roof, so much so that at current retail rates of around Rs 7 per piece, it may be more worthwhile for people to eat chicken instead. Poultry farmers in the Pune region are now selling eggs...
More »Rural incomes: Why farm prices are now more prone to falling than to rising -Harish Damodaran
-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...
More »