-The Indian Express Return of food inflation may not allow RBI to further slash interest rates but opens up room for delayed reform Retail food inflation crossing 10 per cent, the first time in nearly six years, isn’t good news for an economy already mired in a deep slowdown. The suddenness of the increase (from under 3 per cent in August to 10 per cent-plus in November) and the fact that the...
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MS Swaminathan, father of Green Revolution, interviewed by Jitheesh PM & Jipson John (Newsclick.in)
-Newsclick.in In an interview, the ‘father’ of India’s Green Revolution, says while technology is necessary, policies on procurement and public distribution are far more important in making agriculture economically viable and sustainable in the country. No one has played a more instrumental role in India’s self-sufficiency in food production than Dr MS Swaminathan — world-renowned agricultural scientist, known as the ‘Father of Green Revolution in India’. After getting a PhD from Cambridge...
More »Cane dues in Uttar Pradesh may cross Rs 10,000 crore -Harish Damodaran
-The Indian Express The only way to prevent a further piling-up of cane arrears would be via improved sugar realisations, according to a miller. Arrears in payments to cane farmers by sugar mills in Uttar Pradesh (UP) have almost touched Rs 8,500 crore and could cross the Rs 10,000-crore mark by March-end, just ahead of voting for the coming Lok Sabha elections. According to data compiled by the Cane Commissioner’s Office in...
More »Why number of hungry is rising -Harish Damodaran
-The Indian Express After number fell from 2003 to 2014, UN data find trend reversed. Yet since 2014, global farm commodity prices have been falling. Here is why that has not stopped the rise in the number of hungry people A decade-long phenomenon of the number of undernourished people in the world falling between 2003 and 2014, both in absolute terms (from 961.5 million to 783.7 million) and relative to total...
More »As Consumers Reel from High Fuel Prices, OMCs Make a Killing Off Inventory Gains -Noor Mohammad
-TheWire.in Indian Oil, BPCL and HPCL together made inventory gains of over Rs 12,000 crore in the April-June 2018 quarter alone as the price of crude rallied. New Delhi: Indian consumers of petrol and diesel may be reeling under high prices but oil marketing companies (OMCs) and the government are having a great time. The three state-owned companies – Indian Oil, BPCL and HPCL – together made inventory gains of over Rs 12,000...
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