The year 2022 was supposed to mark the recovery of the Indian economy from the Covid-19 pandemic and lockdowns of the preceding two years. However, the Russian invasion of Ukraine in February pushed up prices of food, fuel and fertilizer worldwide. In India consumer price inflation, which had declined to under 5 percent in the September-November period of 2021, has steadily increased, staying above 6 percent throughout 2022.    What happened to rural incomes in 2022? An...

Wheat prices have stayed stubborny high in India, despite several steps by the government including an export ban and announcing open market prices. - Mint Official figures show that daily retail Wheat flour (atta) prices as on 1 February were 22% higher year on year, while wholesale prices were 31% higher. Wheat prices have been inching up through 2022 after a heat wave cut production and pushed the government to ban exports...

-Reuters/ Livemint.com Wheat prices have surged in India this year after a sudden rise in temperatures hit crop yields and output India is set to offer 2 to 3 million tonnes of wheat to bulk consumers such as flour millers and biscuit makers as part of efforts to cool record high prices, two government sources said, even as state reserves have dropped to the lowest in six years. Wheat prices have surged in...

-Newsclick.in The government appears to be blithely indifferent to the devastation caused by its food grain mismanagement. The latest available data shows that the allocation of wheat for distribution through the Public Distribution System (PDS)— the ration system as it is known—has fallen dramatically this year. This has naturally led to a drop in offtake, that is, the distribution to needy families. Till October 2022, 115 lakh tonnes of wheat was allocated from...

-Business Standard Flour millers have reportedly told the government that they have stocks for one to two months only In order to increase the availability of wheat and check the retail prices of atta (flour), the government may soon sell its surplus wheat in different states in small tranches. According to a report in the Times of India (TOI), flour millers have told the government that they have stocks for one to...