-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 »How COVID-19 Worsened Hardships of India’s Domestic Workers -Romita Saluja
-TheWire.in/ Undark.org Under the pretext of COVID-19 safety, employers have tightened restrictions on live-in domestic workers in India. On a typical humid Sunday afternoon in July, Soni Tirki would be polishing off the chicken and rice that her mother makes every time the 20-year-old returns home. “I sit at ease and enjoy my meal,” Tirki says. “I eat however much I want. Nobody can stop me. Nobody can judge me.” But on this...
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