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Why farm deflation is essentially a problem of liquidity -Harish Damodaran

ying table shows the annual price increase in key agricultural commodities for the latest month of March and also the corresponding average figure for the 2017-18 financial year as a whole. Since the Inflation rates here are based on the official wholesale price index, they are a reasonable proxy for the extent of raise or decline in farmer realisations at the mandis. It can be seen that in a majority of crops, More »

IMD monsoon forecast showers Indian economy with cheer -Srishti Choudhary & Sayantan Bera

with details on month and region-wise distribution. If indeed the IMD forecast does pan out then it will have a salutary impact on the macroeconomic framework—especially with respect to food Inflation—and mitigate some of the farm distress. Rainfall will be 97% of the 50-year average with a 54% probability that rains will be normal to above normal, the IMD said in its first stage long range forecast. Probability that rainfall will be

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Will raising minimum support price necessarily lead to higher Inflation? -Sanjeeb Mukherjee

nalysts say there will be marginal, crop-intensive impact To what extent will the government’s efforts to increase minimum support prices (MSPs) and spread their benefits translate into food Inflation? And if they do, which are the crops that will be instrumental in pushing the price level up? From the NITI Aayog to industry leaders to the Reserve Bank of India (RBI), all are apprehensive that any major increase in MSP, following the 2018-

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New MSP may drive up farmer income by 24% -Dipak K Dash

rmark between Rs 47,000 crore and Rs 1.11 lakh crore to see every farmer gets the assured price for his produce. It has also cautioned that increase in MSP “will have strong implications for Inflation and consumers” while suggesting the need to weed out middlemen who corner the profit by improving supply chain, competitive markets, application of modern logistics and commerce in agriculture marketing. “MSP based on new formula

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Wholesale price Inflation at a seven-month low of 2.48% in February

-PTI WPI Inflation at 2.48% in February is the lowest in seven months. The previous low was recorded in July at 1.88% Inflation based on wholesale prices eased to a seven-month low of 2.48% in February on cheaper food articles, including vegetables. On the basis of the Wholesale Price Index (WPI), Inflation was at 2.84% in January, and 5.51% in Februar

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Farm woes and the upcoming polls -Tushar Arora & Abheek Barua

actor would certainly help. An obvious caveat is necessary here. This is neither an attempt to predict poll results nor a comprehensive description of the problems of the rural economy. The two Inflations One gauge that has, perhaps, not got the attention it deserves is the difference between rural and urban Inflation that changes in the terms of trade. Rural More »

After a brief decline, India's misery index spikes again in 2017 -Pramit Bhattacharya

piked once again in the second half. The Mint misery index is an Indian adaptation of the misery index originally created by the American economist Arthur Okun. Okun added up the unemployment and Inflation rates in the US to develop a simple numerical measure of how economic conditions affect citizens. Over the years, the index has been a popular tool to gauge the living conditions under different US presidents. Unlike in the case of the US, cr

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The changing politics of food price Inflation -Sonal Varma and Aurodeep Nandi

s, such as demand and global prices, risks creating distortions and disincentivizing productivity Government policymaking seems to be making a volte-face from supporting consumers (by keeping food Inflation low), to supporting producers (by raising food prices). In the 2018-19 Union budget, the government “decided to keep minimum support prices (MSP) for all unannounced crops of kharif at least at one-and-a-half times of their production c

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Private hospitals making profits of up to 1,737% on drugs, consumables and diagnostics: Study -Rema Nagarajan

market distortion where manufacturers after accounting for their profits print inflated MRPs to meet the demands of a distorted trade channel without getting any benefits from this ‘artificial Inflation’ and patients have to incur huge out-of-pocket expenditure in hospitalization cases,” stated the NPPA. The expenditure on drugs, devices and diagnostics, constituting almost half the billed amount, is not part of the ‘estima

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Govt needs to balance farmer, consumer interests: Assocham

-PTI The government has to walk a tightrope to balance farmers' and consumers' interest in view of the Budget announcement on MSP that could further push up Inflation, industry body Assocham said today. In the Union Budget 2018-19, the government promised to fix the minimum support price (MSP) at 50 per cent higher than the cost of production. "The Budget with a huge focus on agriculture has raised expectation level in rural landscape.

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