-The Hindu Extension of procurement season to benefit farmers, it says The Centre has asked wheat-producing States and union territories (UTs), whose procurement closing dates were expiring early, to keep procuring wheat till May 31, the Ministry of Consumer Affairs, Food and Public Distribution said in a statement on May 15. The extension of the wheat procurement season was “expected to benefit farmers”, the Ministry said. The Ministry had also directed the Food...
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Cotton Association of India asks MCX to prevent speculation in Cotton Futures
-The Hindu Business Line CAI asks officials to take "immediate steps to avoid distortions in cotton prices." Cotton trade body Cotton Association of India (CAI) has raised concerns about alleged speculative trades taking place on the Multi-Commodity Exchange (MCX) platform. Citing a sharply lower open interest (OI) in MCX Cotton Futures for the May 2022 contract, CAI has flagged serious distortions in cotton prices causing speculative movements and asked the Exchange to...
More »Bharat fuelling retail inflation -Shishir Sinha
-The Hindu Business Line Experts attribute it to higher cost of providing goods and services and more money under schemes Retail inflation based on Consumer Price Index (CPI) for rural areas is higher than urban areas for four successive months with West Bengal, Madhya Pradesh, Telangana and Haryana recording double-digit rural retail inflation in April. These are among the 17 States that witnessed higher retail inflation in rural areas. However, in Karnataka, Kerala,...
More »Food production to dip, hunger to rise in India due to climate change, says report
-The Hindu International Food Policy Research Institute projects scenario for 2030 India’s food production could drop 16% and the number of those at risk for hunger could increase 23% by 2030 due to climate change, says a report by the International Food Policy Research Institute (IFPRI) on climate change and food systems. These projections are part of a model that was used to evaluate the impact of climate change on aggregate food production,...
More »Honey, we shrunk their habitat: A film explores how wild bees are coping in cities -Sravasti Datta
-TheNewsMinute.com ‘Colonies in conflict’, directed by Rajani Mani, follows migratory giant Asian honey bees to reveal how human action is driving bee decline. When documentary filmmaker Rajani Mani moved into a high-rise apartment in Bengaluru in 2015, the massive beehives on the balconies and ledges of the top floors caught her eye. She was concerned, however, about the use of fire, smoke and pesticides to remove the hives which could endanger the...
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