The FAO index rose month-on-month for the first time since August 2023, mainly due to a heating up of vegetable oil prices
In order to enable people to buy more nutritious food, India should be moving towards direct benefit transfer, especially for people who are not very poor. One hopes that in food surplus states, DBT for food will be tried so people can buy pulses, meat, fish or other proteins
For control-mad bureaucrats, export bans have become the first, not last, response to rising domestic prices. Even if the rice export ban is soon lifted, it is a big mistake for India, both economically and geopolitically
From energy to metals to food, a broad range of commodities is experiencing significant increases.
Though the government can afford to bear the cost of extending the free foodgrain scheme, there is a need to debate a terminal date
To become a reliable exporter, India needs to adopt climate-resilient technologies and a digital system of traceability of agricultural produce
Sources have also revealed that the ministry is concerned about the continuation of the scheme for long period of time may give the impression of indefinite benefit.
In the absence of clear guidelines on how India will allocate wheat to various nations, many countries have decided to exert their influence and leverage their bilateral ties with India to varying degrees in search of wheat
“A number of low income societies are today confronted with the twin challenges of rising costs and difficulty in access to food grains. Even those like India, who have adequate stocks, have seen an unjustified increase in food prices. It is clear that hoarding and speculation is at work. We cannot allow this to pass unchallenged,” Minister of State for External Affairs V Muraleedharan said here Wednesday.
Food grains production in the country is estimated at a record 277.49 million tonnes
The country's production of wheat is likely to rise by 4.7 percent from a year ago to 96.64 million tonnes, while pulses production will rise to 22.14 million tonnes, it said.
Loading of Iron Ore was to the tune of 21.33 million tones, which witnessed a growth of 17.39 percent compared to the same period of last year, according to a SER press release here today.
In a bid to ensure quality of imported pulses, food safety watchdog FSSAI has issued draft quality regulations and fixed the foreign matter limit at a maximum 3 per cent by weight.
Currently, railways mainly carries commodities such as coal, iron ore, steel, cement, minerals, fertilisers and food grains.
Foodgrain output was 126.31 million tonnes (MT) in the kharif (summer) season of the 2014-15 crop year (July-June). The country had achieved a record 131.27 MT foodgrain production in 2011-12.
The SC has given 4 directions to the government regarding the same. SC had earlier referred the matter to a bench of 5 judges after the government said that Right to Privacy is not a fundamental right under the Constitution.
The Economic Survey had projected a growth of 8.1 to 8.5 percent in the current financial year. "Multilateral institutions also share our growth optimism. IMF has projected a growth of 7.5 percent for 2015-16.
The trade facilitation pact will be ratified after India‘s support. The Cabinet will have to ratify pact for implementing in India.
The railways have decided to levy 15 per cent busy season charge on all commodities including cement, chemical manure, food grains, iron ore and coal.
Distribution of food grains under the ambitious Food Security Programme formally began in the national capital today with Chief Minister Sheila Dikshit offering the entitlement to identified beneficiaries in several areas.
The Cabinet, which had on last month deferred a decision on the issue, today approved promulgating an ordinance to implement the Food Security Bill, sources said.
It's been a long winding road for UPA Chairperson Sonia Gandhi. Her dream of providing food security to the poor saw the light of day today. While the objective is laudable, given India's current fiscal predicament, questions have arisen over its huge financial implications.
Anand Tandon, CEO of JRG Securities, in an interview with CNBC-TV18’s Mitali Mukherjee and Udayan Mukherjee, spoke about his reading of the market and gave his outlook on a couple of sector which can perform better going forward.