-The Tribune Govt must prepare for worst-case scenario as things won’t be resolved on their own In February this year, a restaurateur friend turned optimistic. Business was back to 70 per cent of pre-Covid days and things could only get better. There could be no stronger signal that India’s economy had turned the corner. Experts had predicted that restaurants would be the last places to see a full recovery. They are closed...
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Millets pose production and consumption challenges; MP’s Dindori project shows the way forward -Harish Damodaran
-The Indian Express In rural India, the National Food Security Act of 2013 – which entitles three-fourths of all households to 5 kg of wheat or rice per person per month at Rs 2 and Rs 3 per kg, respectively – has reduced the demand for millets. Millets score over rice and wheat, whether in terms of vitamins, minerals and crude fibre content or amino acid profile. They are also hardier and...
More »China may have become more prosperous in comparison to India in 2020, estimates new study
During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...
More »Centre Wants CAG To Delete Paras Regarding Losses Due To Improper Utilisation of Adani Silo -Dheeraj Mishra
-TheWire.in In 2018, the CAG reported that between 2013-14 and 2015-16, the Food Corporation of India did not store enough wheat in the Adani Group's silo in Kaithal, Haryana but kept paying rent. New Delhi: The Comptroller and Auditor General (CAG) of India in April 2018 reprimanded the Food Corporation of India (FCI) for causing a loss of Rs 6.49 crore to the taxpayers due to the failure to utilise available storage...
More »Why are FMCG majors chasing growth in rural India?
-Livemint.com * Demand in rural markets has outstripped sales growth in urban markets over the last several quarters. * Companies are betting on consumers in rural India switching from unbranded, loose products to branded ones. Top FMCG makers are back to chasing growth in India's villages and are ramping up their reach in those markets. To be sure, companies are betting on large swathes of consumers in rural India switching from unbranded, loose products...
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