High prices for tomatoes, potatoes, and onions in several cities have been driven by supply disruptions following extreme heat and subsequent heavy rainfall. Vegetable inflation escalated to 29.32% in June from 27.33% in May, with onion and potato prices soaring by 58.49% and 57.59% respectively. Â Compared to June 2023, when...
The persistently high CPI figure may look worrisome, as the latest numbers have beaten economic expectations. But they are expected to ease out in the coming months, especially with the rabi season showing promise. Furthermore, international factors like robust employment rates and growth in consumption in the U.S. will also...
Globally, India ranks 5th in total export of cereals. However, looking at the top exported products, India’s share is negligible in all categories barring rice. This article emphasises the need for ensuring a larger presence for India in the global market through product diversification and value addition. The Indian economy...
ICRIER’s Dr. Arpita Mukherjee opines that cereals are exported more than fruits and vegetables because of a variety of reasons which include lack of export-oriented production in case of fruits and vegetables; lack of awareness among farmers about importing country requirements and standards. Horticulture export can grow by attracting private...
As India endeavours to stem the decline in exports of key sectors like engineering goods, gems & jewellery, readymade garments of textiles and leather, it has an opportunity to capitalise on the positive trend in agricultural and pharma exports. India’s merchandise exports in September witnessed a 5.99% increase on a YoY...
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