-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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Pro-Farmer? It’s Just An Eye-Wash: Read NAPM’s Critique Of The Budget-2016
-Press Release from National Alliance of People’s Movements (NAPM) Government Running away from Responsibility: Pushing Farmers on edges Overlooked the need of majority of population, catering to few Political ‘Jumlas’ continues, ditching farmers once again under the garb of corporate regime; reduced responsibilities of public sector In recent times, announcement of the Union budget seems to be becoming a futile exercise, even with all the publicity and hype associated with it. We...
More »Budget 2016-17: Terrible Let-down for Indian Farmers
-Press Note on Union Budget 2016-17 from Swaraj Abhiyan The farmers of India needed and expected a big deal from this year’s budget – they needed it because it is a time of unprecedented consecutive years of drought, and rising farmer suicides; they expected it because the Prime Minister and the government indicated that major pro-farmer steps would be announced in the Budget. The Budget presented by Finance Minister today is...
More »Dal ka tadka after gai pe charcha in Bihar -Sanjay Ojha & Sheezan Nezami
-The Times of India PATNA: After beef and quota controversies, the issue of escalating pulse prices has taken centre stage in campaigning for the Bihar assembly election. While Union ministers Ram Vilas Paswan and Radha Mohan Singh have offered to bring down pulse prices by 50% within two days after NDA comes to power in the state, the Nitish Kumar government says the Centre is not serious about bringing down the prices...
More »Govt imposes stock limits on pulses held by big retailers, importers
-IANS With the common man crying out over the alarming hike in prices of pulses, the government on Sunday also imposed stock limits on pulses sourced from imports, those held by exporters, those to be used by licensed food processors and those with large departmental retailers. In its earlier order extending the imposition of stock limits on pulses, edible oils and edible oil seeds, for one year up to September 30, 2016,...
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