Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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Traders to hold nationwide protest against hike in taxes
-The Telegraph PM Modi’s Gabbar Singh Tax is the best example of his modus operandi — talk big, and when it’s time to act, make things worse: Congress Traders and shopkeepers will hold a nationwide protest next week against a hike in taxes on a range of products, including food grains and household items, and services that kicked in from Monday. “The 5 per cent goods and services tax on a range of...
More »Why Telangana’s inflation is high compared to other states -Paul Oommen
-TheNewsMinute.com Telangana is among four states that have recorded the highest inflation in terms of Consumer Price Index, as per data released by the National Statistical Office (NSO). In April, when the country’s retail inflation surged to an eight-year-high of 7.79%, state-wise data showed that Telangana had one of the highest inflation rate in the country: 9.02%. It was behind two other states—West Bengal which had 9.12% and Madhya Pradesh with 9.10%....
More »Rising prices are singeing Covid-battered India, Madame Finance Minister
-The New Indian Express An analysis by The New Indian Express shows that it is not just petrol and diesel prices that are scalding you. Prices of edible oil, tea, and pulses have seen a double-digit growth in the last year. When the April 2021 retail inflation came down to a modest 4.29%, an attempt might have been made to communicate a false sense of relief. The real picture, though, is very...
More »Tracking nutrition and health status of Indians
-The Hindu As for milk and milk products, only 8.7% in rural and 14.3% of the population in urban areas consumed as per the recommended intakes. Hyderabad: City-based Indian Council of Medical Research-National Institute of Nutrition (ICMR-NIN) has initiated ‘Mapping of nutrition and health status – A national level participatory real-time data generation programme’ to develop a mobile-based device to be used by nutrition researchers at district level nationwide during this ongoing...
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