-PTI/ Business Standard The All India average retail price of wheat has risen by over 22 per cent to Rs 31.04 per kg as of August 22 compared to Rs 25.41 per kg in the year-ago period, Consumer Affairs Ministry's data showed After wheat, rice prices are firming up on Reports of supply concerns with the all India average retail price of the grain ruling higher by 6.31 per cent at Rs...
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Fortified rice is not suitable for everyone's consumption, state activist of ASHA and Right to Food Campaign
-Press release by Alliance for Sustainable and Holistic Agriculture (ASHA) and the Right to Food Campaign (RTFC) dated 22 August, 2022 New Delhi, August 22, 2022: An RTI response by the Ministry of Women and Child Development reveals knee-jerk and self-protecting measures in the form of a few circulars issued by the Ministry of Food and Public Distribution as well as the Ministry of Women and Child Development with regard to Fortified...
More »Patra: India can sustain CAD of 2.5-3% without an external sector crisis
-The Telegraph Overall current account deficit in July rises to $21.04 billion (merchandise and services), commerce ministry Reports on Friday Mumbai: Reserve Bank of India deputy governor Michael Patra has tried to soothe concerns about the anticipated surge in India’s current account deficit, suggesting that the country will not be roiled by a crisis if the CAD climbed to anywhere between 2.5 and 3 per cent of GDP. “Our experience has been that...
More »Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »Amidst Outrage, Karnal Ration Distributor's Licence Suspended for 'Forcing' Sale of Tricolour
-TheWire.in Reports had emerged earlier on Wednesday that a local ration depot licence holder was withholding rations from card holders who did not buy a Rs 20 national flag from the depot. New Delhi: A ration distributor in Haryana’s Karnal district had his licence suspended on Wednesday, August 10 after he was found to be withholding rations from people who didn’t buy a Rs 20 national flag from the ration depot as...
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