-The Hindu Food Inflation remained positiv, at 3.8 % compared to what it was in May 2014. Wholesale Price Index (WPI) inflation was -2.36 per cent in May, marking the seventh consecutive month in which it has been negative, compared to -2.65 per cent in April. Food Inflation remained positive, at 3.8 per cent compared to what it was in May 2014. However, the consensus among analysts is that this will not...

-The Financial Express The NITI Aayog must firm up a concrete plan involving the states to deal with monsoon deficiency to avoid all-round confusion. This is an old and oft-repeated story in the media, but worth mentioning here for the readers who have missed it. It goes like this. During the period of erstwhile Planning Commission, one of the officials in-charge of projecting agricultural growth found out an innovative way to do...

-The Financial Express The Narendra Modi government has pledged to employ all machinery at its disposal to deal with a second straight year of deficient monsoon. The Narendra Modi government has pledged to employ all machinery at its disposal to deal with a second straight year of deficient monsoon and denied an impending distress in the vulnerable pockets of the country, but a dispassionate look at the ground situation would show there...

-Outlook Pulses are falling off the poor man’s plate. Price rise may hit the middle class next. Pulses—all-important as a source of protein—are set to be spoilers this year in the government’s endeavour to keep a check on Food Inflation. Already, over the last nine months, the prices of some pulses have jumped 64 per cent in major cities. This is because of below-normal monsoon last year, compounded by untimely rain and...

-The Hindu ‘Its geographical distribution is what matters’ Union Finance Minister Arun Jaitley said here on Thursday that concerns about the impact of a deficient monsoon on the economy were “misplaced” and “far-fetched”. He told presspersons that conclusions were being made in an exaggerated manner after the India Meteorological Department forecast on Tuesday that rainfall would be only 88 per cent of the long-term average. “The speculation and analyses we have seen in the...