Farmers selling cheap, so why do fruits and veggies cost you a bomb?
Foodgrain production in
2016-17 is estimated at 276 million tonnes and in 2017-18 it is targeted at 275
million tonnes
BUDGET
NEWS : As Finance Minister Arun
Jaitley gets all the way down to finalise his budget Speech, which many
trust could be targeted on the farm zone, the December information on consumer
meals fee index (CFPI) and its wholesale price counterpart need to provide some
perception.
The CFPI-based totally inflation
for the month of December rose to 4.ninety six in step with cent year-on-yr
from four.35 consistent with cent in November. In comparison, the wholesale
rate index-based totally meals inflation declined from 6.06 per cent in
November to 4.seventy two according to cent in December. As such, retail rate
food inflation has crossed past wholesale price one for the primary time in the
current months.
although this divergence within the
movement of inflation isn’t uniform across all commodities in the institution
however the index numbers are a pointer to the truth that while farmers hold to
reel underneath the impact of low upward thrust in fees annoying the misery
state of affairs in rural regions, customers in cities aren’t getting farm
items that reasonably-priced.
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