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First challenge for next govt: Food Inflation set to return -Parthasarathi Biswas & Harish Damodaran

of western and southern India, coupled with an early and harsher-than-usual summer. New Delhi, Pune: THE BJP-LED NDA government’s tenure has been marked by benign food prices. Consumer food Inflation has ruled below general retail Inflation for 31 months running, from September 2016 to March 2019, while averaging a mere 1.3 per cent year-on-year during this period, as against 3.6 per cent for the

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Are farm loan waivers a political gimmick? -Vikas Dhoot

s. The rural economy overall, agricultural as well as non-farm, is facing a demand problem and low incomes, which has caused farm distress. * Would you say the government’s focus on managing Inflation in the early years of its tenure and the inability to generate jobs that could have created non-farm avenues for the youth in farming households has contributed to the stress? SMD: Yes. The agriculture focus is short term, [which is why we ha

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Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data

The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of Inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for T

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An employment-oriented economic policy -Pulapre Balakrishnan

rsued in the past five years needs overhauling. The government has continued with fiscal consolidation, or shrinking the deficit, while mandating the Reserve Bank of India (RBI) to exclusively target Inflation leaving aside all other considerations. This has contracted demand. That high fiscal deficits and high Inflation per se can never be good for an economy does not justify a permanently tight macroecono

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No change in MGNREGA wage rates observed between 2018-19 and 2019-20 for 4 states & 2 UTs

o provides for higher expenditure on education, medical care and transport and communication.   Against the backdrop of the enactment of National Food Security Act in 2013, the rate of Inflation of CPI-AL (1986-87=100) and CPI-RL (1986-87=100) will be lower vis-à-vis the Inflation rate of CPI-Rural (2012=100) in the recent years. It is because the former two indices give higher weights

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WPI Inflation spikes to 3.18% in March on costlier food, fuel

-PTI The Wholesale Price Index (WPI) based Inflation was at 2.93% in February. It was 2.74% in March 2018. Wholesale price-based Inflation rose for the second consecutive month to 3.18% in March on costlier food and fuel, government data released on Monday showed. The Wholesale Price Index (WPI) based Inflation was at 2.93% in February. It was 2.74% in

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Promises to the farmers -Ashok Gulati & Ritika Juneja

sion showed, the average farmer household income was Rs 8,931 per month in 2015-16, which by now must have crossed Rs 10,000 per month (or Rs 1,20,000 per annum) in nominal terms, after adjusting for Inflation. So, a support of Rs 6,000 per year is a meagre five per cent support. Doubling of farmers’ income surely requires much more than this DIS. The Dalwai Committee set up by the Narendra Modi government in 2016 had made it clear that the p

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Food Inflation falls to lowest level since 1991 -Surojit Gupta

Times of India Average food prices in 2018-19 were almost the same as they were in 2017-18—a phenomenon not seen for at least 27 years. An analysis by credit rating agency Crisil shows food Inflation measured by the consumer price index rose only 0.1% in 2018-19. The last time annual food Inflation had fallen below 1% was in 1999-2000. Economists attribute low food prices to a string of factors

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Farmers in western TN demand social security -T Ramakrishnan

eeping in mind the requirement of the farmers to look after their families and meet their cost. The farmer says that “unfortunately, the matter has been linked to possible increase in retail Inflation. Eventually, we have been left in the lurch”. Mr. Ajithan, who is also the State secretary (technical) of the Consortium of Indian Farmers’ Associations, says those who are going to occupy power at the Centre should implement &ldq

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