Food Inflation 16-1

8/6/2019 Food Inflation 16-1

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SCAM OF FOOD ARTICLES INFLATION

Congress ka Haath - Mahangai ke Saath

BHARATIYA JANATA PARTY


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CONGRESS means INFLATION

CONGRESS yane MEHANGAI

Congress & Mehangai are becoming synonymous. Though Congress-Govt. is claiming 8 to 10% growth the Aam Aadmi is asking a simplequestion growth for whom? The poor are becoming poorer. They

have remained outside the preview of growth.Since November 2009 there has been an inflation of 20% in FoodArticles. Prices of 17 essential commodities mainly wheat, rice, sugar,dal have doubled in the past few months. Sugar is scoring half century, i.e. almost Rs.50 per kg. Tur Dal has scored a century, i.e.Rs.100 per kg

2008 we had double digit inflation than 1% i.e. negative inflationi.e. deflation in August 2009. Now in December 2009 inflation onceagain gone up to 7.81%. The country is marching toward double digit inflation in march 201090% of Population who are Aam Aadmi- Middle Class, Poor , Worker& whose 50 to 80% monthly budget spent on Food Articles 2


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NOV. 2009 TO JAN2010

W eek ending Food Inflation %

28.11.2009 19.05

7.12.2009 20.00

1.1.2010 19.68

(Source : Reserve Bank of India)

TRENDS OF INFLATION

Year

2009

W holesale PriceIndex

Consumer PriceIndex

April 1.31 9.09

May 1.38 10.21

June -1.01 11.26

July -0.67 12.67 August -0.9 12.67

Sept. 0.50 12.97

Nov 4.78 19

Dec 7.31 203


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Food prices up & upI n December 2009 prices of processed food rose by 27%, Potatoes70% Onions 45% Dal 45% & cereals 14%. I n last six months Dal hasgone up from Rs.56/kg to Rs.96/kg. The price of quality rice hasincreased by 25%.

4

Period Item % increase

December

2009

Processed FoodPotatoesOnionsDalCereals

2770454514

In the last 6months

RiceDal

2580


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CONGRESS means INFLATION

CONGRESS yane MEHANGAI

20 lacs Ton i.e. 200 crore kg imported raw Sugar lying in thegodowns/ cold storage at JNPT/ Kandala Port Trust for 8 weeks. ThePrivate companies imported it @ Rs 18/kg. Due to such ilegal

hoarding prices have double up. Govt did not took any steps to stopsuch profiteeringThe Union Cabinet now January 13 announced steps to import sugar,dal to release wheat & rice. What they were doing till now ?The famous I ndian phrase of the common man Dal roti khayenge,Prabhu ke gun gayenge is becoming history. Dal is becoming aweekly/festival food for the poor people.We want action not promises. 78% of I ndia s population havemonthly income of Rs 5,000 to Rs 25,000. They want

Do Time ka Khana

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CONGRESS MEANS INFLATION

CONGRESS YANE MAHANGAI(contd)I n 2009 we had a record production of 991 lac ton Rice, 805 lac tonwheat & 2006/07 & 2007/08 combine 7036 lac ton Sugarcane and546 lac ton Sugar. The production far exceeded consumption.

I n reply to Parliament Question No.4162 of 15.12.2009 on risingprices, the Minister stated Prices of wheat in the domestic market increased by 22.6% over the year. In last year, prices of edibleoil/RBD palmolein increased by 22%. Domestic prices of allpulses increased by 131% added : We are watching the situationWho are the beneficiaries? Multinationals, Corporates, Speculators &

Commodity Exchanges.BJP wants Prime Minister to deliver & Mr. Sharad Pawar to act.Congress Govt has to take care of the Aam Aadmi.BJP wants prices of the essential commodities to be brought down.Common Man wants Daal Roti.

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Retail Prices (Rs./kg)-Metro Cities(Source :Department of Consumer Affairs-Govt. of India)

Product 2005 2007 Oct, 2009 Jan,2010

Rice 13 15 22 48

W heat 9 12 13 29

Sugar 19 19 32 50

Tur Dal 30 36 82 100 7


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Retail Prices (Rs./kg)-Metro Cities(Source :Department of Consumer Affairs-Govt. of India)

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RETAIL PRICES - Cities

Monthly budget of a common man is disturbed due to heavy food inflation.I t has upset his routine life. 50% of the people are now having Dal

onetime in a day. Expenses on the children s education has been

curtailed.Expenses on medical treatment are reduced drastically. Operations/surgeries are postponed.CONSUMER MINISTRY SAYS

Consumer Affairs Ministry of Govt. of I ndia itself agrees that in

urbanIndia prices of rice, wheat, sugar, tur dal have jumped by100 to 200% during the past 4 years, i.e. from 2005 to October

2009Prices of rice, which were Rs.13/kg in 2005 went up to Rs.22/kgin October 2009 have reached Rs.48/kg in January 2010.Prices of Tur Dal, which was Rs.30/kg in 2009, was Rs.84/kg in

October 2009 and is Rs.100/kg at the time of Makar Sankraman,i.e. 14.1.2010.

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Chawal Rice me G a db a dPrice incre a se from Rs.10/kg in 2004

to Rs.48/kg in 2010

Rice and wheat are the two major food grains consumed in India. DalRice and Dal Roti are the food of more than 90% peopleThe price of Rice during the 5 years of Congress raj has increased by500%. Price went up from Rs.10/kg in 2004 at the time of BJPs AtalBeehari Vajpayees Govt. to Rs.48/kg in January 2010India has bumper crop of paddy/rice in the last several years. Record

production of 991 lakh tons in 2009Farmers have been paid Rs.8.50 to Rs.10/kg but the sale price in the

market is Rs.48/kgDisastrous export-import schemes of Rice 100 lakh tons of Riceexported at Rs.18 to 20. Indian farmers paid Rs.8.50 to Rs.10. Indiancustomer is paying Rs.48/kg while export is done at Rs.18 to 20It is a scam looting of common man/customer and the smallfarmer/producer by MNCs, big companies. Governments economic

policies beneficial to these companies resulted in huge profit to thecommodity companies. Share prices of KRB Ltd. Increased by 300% in 9months between April 2009 and January 2010 10


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GEHU GHOTALAPrice of wh e a t incre a sed by 300% in

Congress r ajGood quality wheat was available at Rs.9 in 2004 during the BJP-AtaljisrajThe price of wheat increased by 300% in the last 5-1/2 years of Congressraj. Price went up to Rs.29 per kg in January 2010

Production of wheat is highest in the last 3 years 805 lac tons in 2008-09. Farmer is paid Rs.10 per kg but the consumer is forced to pay Rs.29

per kgCongress-Mr. Sharad Pawar imported 100 lac tons of horrible quality of red wheat at Rs.19 per kg in 2007

India had bumper crop of 2348 lac tons of wheast for the last 3 years, i.e.2007, 2008, 2009. Government had bumper buffer stock overflowing atFCI godowns. No scarcity or import. Then also the price of wheast hasdoubledGehu Ghotala farmer loser, consumer looted, multinationals are minting

hundreds of crores of rupees11


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K ADVI SHA KK AR SUGAR S CAM

Sugar import-export scheme 48 lac tons exported in 2008-09 at Rs.12.50 per kg. Govt. of India gave Rs.1.44/kgsubsidy to the exporter. Now it is going to import at Rs.42/kg

India produced 573 lac tons during 2007, 2008, 2009.Availability of Sugar was more than the consumptionSugar growers/farmers got the same price of Rs.85 toRs.100/quintal but the consumer has to pay Rs.50 per kg

Beneficiaries are multinationals, big sugar companies.Revenue/profit, share prices of these companies haveincreased by 300% in the last one year

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K ADVI SHA KK AR SUGAR S CAMCost of Sug a r Production

For 1000 kgs crushing of sugar cane, the farmer was paidRs.1,000 to Rs.1,100 in 2008-20091000 kilograms of sugar cane result in sugar and other by-

products-- 100 kgs Sugar -- 53 kgs Molassis-- 300 kgs Bagasse-- 13 litres Alcohol-- Ethanol, power generation and other products

The actual cost of sugar, after calculating the sale of by- products, comes to Rs.10 per kgFarmer actually gets Rs.10 per kg and the customer is payingRs.50 per kg

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DAL ME K ALACongress k a gh ot ala

Common man in India eats Dal and Roti. Price of Dal has increased by 200 to 400% during theCongress raj

In 2004 during the BJP-Atalji Govt., Chana Dalavailable at Rs.25/kg, has gone up to Rs.56/kg inJanuary 2010.Moong Dal available then at Rs.24/kg has gone upto Rs.100/kg in January 2010Common food of Dal has become now the food of the festivalDal me kala Congress ka ghotala

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K haa ne k a te l Edib le Oi l

Price of Edible Oil was Rs.40 per kg during the BJP-AtaljisGovt. in 2004Price of Mitha Tel Edible Oil has gone to Rs.100 per kg

in January 2010India has become dependent on imported Edible Oil nowIn 2008-09, India consumed 160 lakh tons of which 75 lakhtons was imported oil

Is it food security?Almost 50% dependence on imported Edible Oil by our Krushi Pradhan DeshSHAME.

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Gehu-Chaval-Shakkar Prices DoubleP rime Minister Manmohan Singh says

Don t worry we aremoving towards

double digit growth

Is it not Haath ki Safai ? Mahangai kaMahaghotala

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Gehu-Chaval- Shakkar Prices

DoubleGovt- Sharad P awar says

Price of sugar,wheat rice are cheaper

in I ndia compare toAmerica & England


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Gehu-Chaval-Shakkar Prices DoubleCongress P resident Madam Sonia Gandhi says

Congress willwrite to Govt onFood Inflation


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Gehu Chaval Sakkar Prices DoubleGovt-Ministers says gives explanation SAFAI

we are reducingthe taxes on dog

biscuits

Gehu-Chaval-Shakkar Prices DoubleGovt Mr Chidambaram says


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Gehu-Chaval-Shakkar Prices DoubleFinance minister P ranab Mukherjee says

We are watching

the situation ..


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Gehu-Chaval-Shakkar Prices DoubleGovt-Minister Kamalnath says

Poor people arenow eating more

food


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Gehu Chaval Sakkar Prices DoubleGovt / Ministers gives SAFAI

Prime Minister Manmohan SinghDon t worry we are moving toward double digit growth

Sharad PawarPrice of sugar, wheat rice are cheaper in India compare to America &

EnglandSonia Gandhi

Congress will write to Govt on Food I nflationChidambaram - we are reducing the taxes on dog biscuitsKamalnath - Poor people are now eating more foodFinance Minister Pranab Mukharjee

We are watching the situation ..Is it not Haath ki Safai ?

Mahangai ka Mahaghotala?

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FOOD INFLATIONSkyrocketing Retail P rices

P rice Rs/kg

Item 2004 2008 January 2010

Wheat 9 20 29

Rice 10 22 48

Sugar 14 20 50

Edible Oil 40 95 100

Dalda 40 72 85

Chana Dal 25 40 56

Mung Dal 24 48 100

Besan 20 48 60

Milk 14 20 30

Kerosene/litre 18 35 35 23


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FOOD INFLATIONSkyrocketing Retail P rices

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FOOD PRICESof BJ P /NDA Vajpayee Govt vs Congress - U P A Govt

Prices of all 17 Essential Commodities were under control during 1998 to2004 of BJP Atalji regime.Wheat @ Rs 9 Rice,Rs 10 Sugar, Rs 14/kg. Dal, all less than Rs 25 available inthe beginning of 2004Congress Raj started in 2004. Prices of all 17 essential commodities increasedby 200 to 300% in last 5 yearsCongress talked about Aam Aadmi but supported Big Companies,Multinationals, Exporters & I mporters, Speculators & Commodity ExchangesAtalji govt has to face Gujarat earth quake, Orissa Flood, Kargil War but thanalso Food Prices were controlled

Congress Regime has no drought, flood, war, and yet food pricesdouble/tripple . All are suffering Kissan to Common Consumer.Than why this Mahangai ? Because it is Congress Raj

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Procurement Cost & Retail PricePrice Paid to farmers & Paid by CommonMan/Customer

Item

2007-08 2008-09 2009-10

RetailPrice

Cost paidto

Farmer

RetailPrice

Cost paidto

Farmer

RetailPrice

Cost paidto

Farmer

Rice 14 8.5 22 9 48 10

W heat 12 8.5 14 10 29 10.80

Sugar cane/Sugar 16 8/12 18 8.5/14 50

10.7/18

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Congress Po l icy Rob t h e f a rmera nd loot t h e customer

The economic, export-import and consumer policies of the Congress Govt. are to rob the farmers and loot thecustomer for the benefit of the big companies andmultinationalsPrice paid by the Govt. to the kisan for Rice is betweenRs.9 to 10 per kg in the last 3 years but the retail price of Rice has gone up to Rs.48Govt. is purchasing wheat at Rs.10.50 per kg from the

farmers. The price of wheat in January 2010 is Rs.29 perkgSugar cane price paid to kisan is Rs.1/kg. Cost of production of sugar comes to Rs.10 per kg to the big sugarfactories after taking into account all the by-products.

Sugar is sold at Rs.45 to 50 per kg in the retail market


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Production - food articles(in lakh tonnes)

Item2006-07 2007-08 2008-09 2009-10

Production Production ProductionProduction

(target)

Rice 933 966 991716

estimate

W heat 758 785 805 790

Pulses 142 147 146 165Sugarcane 3555 3481 2739 3400

Sugar 282 264 147 N.A.28


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Production - food articles

I ndia had bumper crop of wheat & rice for consecutive threeyears i.e. 2006 to 2009 . Wheat yearly production has gone upto 805 lac ton in 2008/09 from 758 lac ton in 2006/07Rice production increased from 933 lac ton in 2006/07 to 991

lac ton in 2008/09Bumper Sugar Cane production of 3555 lac ton in 2006/07 &3481 lac ton in 2007/08. Sugar production in 2006/07 was282 lac ton & 2007/08 was 264 lac ton, highest in last fewyears. India exported 48 lac ton sugar in 2008/09 @ Rs12.50/kg & start importing sugar in 2009 @ Rs 28 to 36/kgGovt. has huge bumper stocks in FC I godowns. Surplusproductionof wheat & rice yet prices have doubled.Farmers got minimum price but Customers are paying Double.MNC s , Corporate & Commodity Exchanges are looting the

people of India with the help of Govt

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Export-Import of Food Articles(in lakh tonnes)

Item2006-07 2007-08 2006-07 2007-08

Export Export Import Import

Rice 48 65 nil nil

W heat nil nil 61 18

Sugar 16.43 46.41 nil nil

Pulses 2.5 1.63 23 28

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STORY OF SUGARE NOUGH STOCK-AVAILABILITY Y E T P RIC E S TOUCHING SKY

Story of Sugar is nothing but manipulation by the Sugar Samrats.Prices have gone up from Rs 22 to Rs 50/kg in just one year. A sugarexporting country is converted into importing countryI ndia produced 573 lac tons sugar during 2007-10. The country hadopening stock of 105 lac tonsTotal availability of sugar for these 3 years was 678 lac tonsYearly consumption of sugar including consumption by confectionaryand sweet manufacturing industry was 213 to 220 lac tonsWith annual consumption of sugar 220 lac tons, 146.8 lac tonsproduction of 2008-09 + 105 lac tons opening stock, we had sugar

surplus, i.e. opening stock of around 31 lac tons sugar inDiwali/October 2009. This is domestic sugarI ndia exported 80 lac ton sugar @ Rs 12 to 14/kg during 2007 to2009 & now we are importing 50 lac ton sugar @ Rs 38/kgGovt paid thousand crores subsidy of Rs 1.44/kg to these exportersFarmers got the same price of Rs 85/quintal for his sugarcane &consumer paying double rate

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SUGAR PRODUCTION CONSUMPTION - AVAILABILITY in lakh tonnes

2003-04

2004-05

2005-06

2006-07

2007-08 (Est)

Opening Stock 116 85 40 36 92

Production 140 127 193 283 263I mports 4 21 - - -

TotalAvailability 260 233 233 319 355

Off-take(a) I nternalConsumption(b) For Exports

173

2

185

0.04

185

11

210

17

225

48

Closing Stock ason 30th Sept.

85 48.25 36 92 82

(Source: Indian Sugar Manufacturers Association)

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PRICE RISE OF SUGAR in Urban India(Source : P arliament reply of 4.12.2009 P rice Rs./kg )

City As on 1.10.09 As on 11.01.10

Delhi 32 50

Mumbai 33 45

Kolkata 30 46

Chennai 30 47

Banglaru 30 48

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SUGAR COMPANIESSHAR E P RIC E S AT BS E

Name of the Sugar

Company

Price as on

7.1.2010 11.11.2008

Bajaj Hindustan 35 13

Balrampur Chini 143 47

Dhampur Sugar 152 26

Shree Renuka Sugar 243 70

Sir Shadilal Enterprises 176 5634


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SUGAR COMPANIESSHAR E P RIC E S AT BS E

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BOUNTY HARVEST FORCORPORATES/COMPANIESShare prices of Food companies go high and high

Prices of shares of sugar, rice, tea, oil companies go up by 150 to 340% in 9months i.e. April to December 2009

Company % change

Bajaj Hindustan (Sugar) 341.62Balrampur Chini (Sugar) 151.13

Mcleod Russel (Tea) 291.09

Jay Shree (Tea) 264.58

KRBL (Basmati) 299.31

LT Foods (Basmati) 124.74

Ruchi Soya (Edible Oil) 262.93

Source : Business Standard 21.12.2009

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Moral of the StoryFood prices Inflation Corporates & Multinationalse njoyed and E arned Lucrative P rofit in Two Years

Farmer faced disaster & got uprooted in sugar caneprice in last four yearsFarmers got minimum price for their crop

Consumers looted in broad day light Companies & MNCs minted MoneyShare price of Sugar Companies increased byhundred percent in last two yearShare price of all Commodity Companies havetripled in last nine months at Stock ExchangesShare Price of Bajaj Hindustan went up by 341%KRBL the Rice company share went up by 299.31%Ruchi Soya the oil company share up by 262.93%Is this not Safed Chori or manipulation? 37


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Edible Oil Position(in Lac Tonnes)

Oil Year(Nov.-Oct.)

Net availability of edible oils from alldomestic sources(Nov.-Oct.)

I mport of edibleoil

(Nov.-Oct.)

2004-05 72.47 50.42

2005-06 83.16 44.17

2006-07 73.70 47.15

2007-08 86.54 56.08

2008-09 85.52 75.6838


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EDIBLE OIL

Till few years back, India was self-sufficient in the edible oilI n the era of global economy, liberalization, I ndia has become amajor importer of edible oil, Soyabean Oil

From the Table, it can be seen that Indian dependence onimported oil is increasing every year.

I n 2005-06 60% of our consumption was imported oilI n the year 2008-09, it has gone up furtherEdible oil consumed in major cities is imported.I n 2008-09, out of 85 lac tons consumed in these urban areas,

75 lac tons is imported oneI s it national food security?I n Congress raj, slowly and steadily I ndian food security isbeing pledged to the foreign multinationals and CommodityExchange players

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Congress ne Kya Kiya

Farmer paid far less than the cost of productionCustomer looted paying 5 times the price paid to thefarmer for wheat, chawal, sakkar

Bumper crop and buffer stock but the Congress Govt.created artificial climate for shortageSupport to the speculation and Commodity Exchange andbig companies, multinationals dealing in thesecommodities wheat, rice, sugar

Revenue, profit and share prices of these companies havetrebled in the last one yearCongress Govt. transferring many of the essential items infuture trading

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Congress ne Kya Kiya

Congress Govt. encouraging farm futuretrading/commodity exchange and transferring/shiftingbanned items also in the form future trading/forwardtradingI n January 2010, Congress Govt. is planning for release of food banned commodities like Chana Dal, Potato, Soya,rubberCommodity Exchange has become the den for speculators,big companies and MNCs. 90 to 95% of the translations

are without delivery, i.e. speculatorCongress, for the benefit of big companies, MNCs, did not create buffer stock of sugarGovt. has adopted manipulative export-import policies forthe essential food items like wheat, rice, sugar. I n the

same year, these items were exported and imported.


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Congress ne d h ok a diy a

The Congress Govt. asked votes in the name of Aam Aadmi.How ever in the past 5 years, Congress hasbetrayed the Common Man.Prices have gone up every where.Aam Aadmi is crushed.

Congress ke Haath ki Safai maar gayi, sub kuchloot liya aur Mahangai Maar Gayi.

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Documents

Food Inflation 16-1