-The Business Standard Inflation has cooled in recent months but the next monsoon holds the key. With fear of an El Niño effect impacting it, academicians and policy makers are worried about the possible impact on farm output and food inflation. Prabhu Pingali, director of the Tata-Cornell Agriculture and Nutrition Initiative at Cornell University and former director of the agricultural and development economics division of the Food and Agriculture Organization,...

-Press Information Bureau (Ministry of Commerce and Industry) The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of February, 2014 has remained unchanged at its previous month level of 178.9 (provisional). INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.68% (provisional) for the month of February, 2014 (over February,2013) as compared to 5.05% (provisional) for the previous month and 7.28% during the corresponding...

-Down to Earth Nearly 83 per cent medicines out of the ambit of Price Control policy, thus making them out of reach for most patients, say two recent reports Indicating failure of the National Pharmaceutical Pricing Policy (NPPP), 2012 and the Drugs Price Control Order (DPCO), 2013, two recently-released reports have stated that medicines are still not accessible and affordable for the citizens of the country. The reports that were jointly released...

-Down to Earth Demand farm income commission; urge political parties to make it an election issue A number of farmers' organisations got together on Thursday to demand a minimum living income equivalent to that of agricultural scientists for all farm households in the country and asked political parties to make it a part of their poll manifesto. Citing NSSO findings, they said the average monthly income of farm households in the country...

-The Telegraph New Delhi: The rules for price caps on 348 medicines imposed by the central government last year provide drug companies "escape routes" and promise little relief to consumers, a report released today has warned. The report from the Public Health Foundation of India (PHFI), an academic institution, has also cautioned that the Drug Price Control Order (DPCO) rules will encourage the growth of irrational combinations of drugs that remain outside...