-Moneycontrol.com The country is expected to face a shortfall of the cereal in the months ahead as produce in the rabi season is expected to be below estimates, while globally, too, there is a supply crunch on account of Russia-Ukraine war. Food processing companies such as iD Fresh Food, Mrs Bector's Food Specialities and CG Corp Global are getting ready to combat a possible shortage of wheat due to the combined effects...
More »SEARCH RESULT
Total Matching Records found : 92
Feeding the world vs farmer suicides: The dichotomy of India’s farming sector -Harmeet Shah Singh
-IndiaToday.in India is the second-biggest producer of the two staples, with more than 85 million tonnes in stocks, including 21 million tonnes in strategic reserves and the Public Distribution System, which fed about 800 million poverty-stricken people during the pandemic. When the world’s two food baskets, Russia and Ukraine, are at war, India has pitched in to feed the planet. “I had a discussion with the US President and I suggested that if...
More »On the wheat trail: State granaries under strain, private traders make hay -Sandip Das
-Financial Express Crop loss, lower procurement to deplete FCI stocks; local supplies may suffice for PDS, free-ration schemes At Punjab’s Rajpura mandi, private traders are busy buying the wheat crop brought in by farmers at marginally above the minimum support price (MSP). Traders have been super-active in the mandi, one of the largest centres of wheat trade in the country, and their daily purchases often exceed the official procurement by the state-run...
More »Why wheat prices are skyrocketing despite bumper stocks -Shwweta Punj
-IndiaToday.in Rising international prices of wheat and fuel are pushing wheat prices up at home. There is also a demand for India to export wheat India’s CPI (Consumer Price Index) inflation rose to a 17-month high of 6.95 per cent in March 2022, exceeding the Reserve Bank of India’s inflation target for three consecutive months. The prices of wheat and wheat products in the country have gone up by 15-20 per cent...
More »The Hard Grind: Wheat inflation becoming hard to stomach for Indian households -Siddharth Upasani
-Moneycontrol.com India was supposed to be largely insulated from the war between Russia and Ukraine as far as prices of food items were concerned. However, there are signs that the conflict in Europe is adding to Indians' wheat bill. On April 18, data from the commerce ministry showed India's Wholesale Price Index (WPI) inflation unexpectedly rose to a four-month high of 14.55 percent in March. And while energy and metals led the...
More »
