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Worrying spike in Global food prices -CP Chandrasekhar and Jayati Ghosh

-The Hindu Business Line Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020, when the effects of the Covid pandemic were yet to be felt (Chart 1).  Over that period, the price of maize had risen from $168.71 to $245.24 a metric tonne...

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Covid puzzles: Jobs back, labour shrinks, demand low but inflation still high -Aanchal Magazine and Anil Sasi

-The Indian Express While much of the world is seeing benign inflation trends, India is a clear exception. Among the drivers of headline inflation in India in recent months has been food prices, especially those of vegetables. With economic activity picking pace after the easing of lockdown measures, the recovery has thrown up some paradoxes: revival in employment amid a fall in labour force participation, surging inflation rate despite disinflationary impact from...

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Indian Coordination Committee of Farmers Movements led by Yudhvir Singh calls for a nationwide bandh on 25th Sep. 2020

-Press release by Indian Coordination Committee of Farmers Movements dated 23rd September, 2020 ICCFM is a non-partisan national alliance of farmers movements representing 12 farmers' organizations across India based in UP, MP, Rajasthan, Karnataka, Tamil Nadu, Punjab, and Haryana. Bharatiya Kisan Union, Karnataka State Farmers Association, Tamilaga Vivasayigal Sangham are among the major farmer movement. As with many other farmers organizations in this country, ICCFM is gravely worried about the anti-farmer bills...

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Covid-19 in India: food prices surge 3 times as supply chain takes a hit -Zia Haq and Anisha Dutta

-Hindustan Times Three main factors are driving food prices higher, according to data from the consumer affairs ministry, as well as a dozen agricultural produce market committees (APMCs), which are state-regulated wholesale points. New Delhi: The prices of key staples, barring cereals, have surged nearly three times from a month ago because of a noticeable supply shock amid the three-week nationwide lockdown to fight the coronavirus disease (Covid-19) pandemic, according to official...

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India to witness severe food inflation due to extreme weather -Richard Mahapatra

-Down to Earth The record-breaking vegetable price rise indicates an era of high food inflation in coming years Rising prices of food items, particularly that of vegetables, have spiked retail inflation to a 68-month high of 7.59 per cent in January 2020, according to the National Statistical Office. While the inflation figure captured headlines, a crucial analysis of the reasons behind this sustained increase in food prices slipped public attention. Extreme weather events...

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