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Retail Inflation for Farm and Rural Workers Eases in January

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Retail inflation for farm workers and rural labourers eased to 2.17 per cent and 3.25 per cent in January, mainly due to lower prices of certain food items. The numbers in December 2020 had stood at 2.35 per cent and 3.34 per cent, respectively.

“Point-to-point rate of inflation based on the CPI-AL (Consumer Price Index for Agricultural Labourers) and CPI-RL (Consumer Price Index for Rural Labourers) decreased to 2.17 per cent and 2.35 per cent in January 2021, from 3.25 per cent and 3.34 per cent, respectively, in December 2020,” the labour ministry said in a statement. Inflation based on food index of CPI-AL and CPI-RL stood at 1.02 per cent and 1.22 per cent, respectively, in January 2021.

All-India CPI-AL and CPI-RL for January 2021 decreased 9 points and 8 points to stand at 1,038 and 1,045 points, respectively. The major contribution towards the fall in general index of agricultural labourers and rural labourers came from food with (-)12.52 points and (-)11.40 points, respectively, mainly due to fall in prices of pulses, onion, potato, cauliflower and brinjal. The fall or rise in index varied from state to state. In the case of farm workers, it recorded a decrease of 1-20 points in 18 states, and an increase of 15 points in Kerala; whereas index of Madhya Pradesh remained stationary. Tamil Nadu, with 1,250 points, topped the index table; whereas Himachal Pradesh, with 819 points, stood at the bottom.

In the case of rural labourers, it recorded a decrease of 2-20 points in 17 states and an increase of 2-15 points in 2 states; whereas index of Madhya Pradesh remained stationary. Tamil Nadu, with 1,234 points, topped the index table; whereas Bihar, with 850 points, stood at the bottom.

Amongst states, the maximum decrease in the Consumer Price Index numbers for agricultural labourers and rural labourers was experienced by Bihar and West Bengal (-20 points each), respectively, mainly due to fall in the prices of onion, chillies green, vegetables and fruits and gur. On the contrary, the maximum increase in the Consumer Price Index numbers for agricultural labourers and rural labourers was experienced by Kerala (+15 points each), mainly due to rise in the prices of rice, fish fresh and vegetables and fruits etc.

Labour Minister Santosh Gangwar said in the statement, “The inflations based on CPI-AL and CPI-RL have dipped to 2.17 per cent and 2.35 per cent, respectively, driven by lower food inflation mainly on account of decline in prices of pulses, onion, potato, cauliflower, and brinjal, etc.” Labour Bureau Director-General D P S Negi said in the statement, “The decline in inflation will bring cheers to the millions of labourers working in rural areas, as it will put lesser burden on their pockets.”



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Airline CEOs, Biden Officials Consider Green-Fuel Breaks

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Chief executives of the nation’s largest passenger and cargo airlines met with key Biden administration officials Friday to talk about reducing emissions from airplanes and push incentives for lower-carbon aviation fuels.

The White House said the meeting with climate adviser Gina McCarthy and Transportation Secretary Pete Buttigieg also touched on economic policy and curbing the spread of COVID-19 travel has been a vector for the virus. But industry officials said emissions dominated the discussion.

United Airlines said CEO Scott Kirby asked administration officials to support incentives for sustainable aviation fuel and technology to remove carbon from the atmosphere. In December, United said it invested an undisclosed amount in a carbon-capture company partly owned by Occidental Petroleum.

A United Nations aviation group has concluded that biofuels will remain a tiny source of aviation fuel for several years. Some environmentalists would prefer the Biden administration to impose tougher emissions standards on aircraft rather than create breaks for biofuels.

Biofuels are false solutions that dont decarbonize air travel, said Clare Lakewood, a climate-law official with the Center for Biological Diversity. Real action on aircraft emissions requires phasing out dirty, aging aircraft, maximizing operational efficiencies and funding the rapid development of electrification.

Airplanes account for a small portion of emissions that cause climate change about 2% to 3% but their share has been growing rapidly and is expected to roughly triple by mid-century with the global growth in travel.

The airline trade group says U.S. carriers have more than doubled the fuel efficiency of their fleets since 1978 and plan further reductions in carbon emissions. But the independent International Council on Clean Transportation says passenger traffic is growing nearly four times faster than fuel efficiency, leading to a 33% increase in emissions between 2013 and 2019.

The U.S. accounts for about 23% of aircraft carbon-dioxide emissions, followed by Europe at 19% and China at 13%, the transportation group’s researchers estimated.

The White House said McCarthy, Buttigieg and economic adviser Brian Deese were grateful and optimistic to hear the airline CEOs talk about current and future efforts to combat climate change.

Nicholas Calio, president of the trade group Airlines for America, said the exchange was positive.

Airlines are ready, willing and able partners, and we want to be part of the solution” to climate change, Calio said in a statement. We stand ready to work in partnership with the Biden administration.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor



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