-Business Standard The latest bout of retail inflation was caused by vegetables, but prices of these items are not as worrisome as those of pulses The latest bout of Consumer Price Index (CPI)-based inflation was caused by vegetables, but prices of these items are not as worrisome as those of pulses, which saw a slight moderation in June. Besides, inflation in cereals has been rising modestly, but if not checked this could...
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Fact Check: Understanding the data on flowing milk, booming agricultural output -Harish Damodaran
-The Indian Express Agriculture Ministry’s harvest estimates don’t square with drought conditions in several cases, raise serious questions of credibility. We have had two consecutive drought years, yet India’s milk production, according to the Agriculture Ministry, has risen from 137.69 million tonnes (mt) in 2013-14 to 146.31 mt in 2014-15 and 160.35 mt in 2015-16. Never before has the country’s milk output grown at these rates — that too, in the face...
More »Government's assessment of farm prospects point to record kharif harvest: Radha Mohan Singh -Madhvi Sally & Himangshu Watts
-The Economic Times NEW DELHI: The government's first assessment of farm prospects six weeks into the monsoon season shows the country is heading for a record kharif harvest, which should boost rural income and calm food inflation, Agriculture Minister Radha Mohan Singh said. Pulses output, which had fallen sharply after two years of drought, will rise 20% and cool prices for consumers, while farmers will gain from higher output and better prices...
More »Feeling the pulses pinch -Ramesh Chand & Shambhavi Sharan
-The Hindu As cereal consumption comes down despite higher output, India needs to ramp up production of pulses to meet the nutritional requirements of the population. Since the onset of the Green Revolution in the late 1960s, India has been treading on a path towards self-sufficiency in food. The achievements have remained highly skewed towards wheat and rice on account of technological as well as policy support towards these two crops. With...
More »How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty
-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
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