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High cost of cattle feed: Milk cooperatives face strain in supply chain -AM Jigeesh

-The Hindu No plan to increase price of milk as of now, say federations As the festival season has started, milk cooperative federations are witnessing a strain in the supply chain as the production has witnessed a marginal decrease primarily due to the increase in fodder cost. The organised sector is witnessing a decrease in procurement and the federations expect the situation will be normal after Deepavali. Farmers, however, demanded an increase...

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56 mn Indians may have turned poor in 2020 due to pandemic: World Bank -Asit Ranjan Mishra

-Business Standard "The global goal of ending extreme poverty by 2030 is likely to be missed: by then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill said. About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World...

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5.6 crore Indians plunged into poverty in 2020, says World Bank

-Scroll.in Data from a survey conducted by think tank CMIE had to be used as India has not published official figures since 2011, the financial body said. A total of 5.6 crore Indians slipped into poverty in the pandemic year of 2020, the World Bank said in a report on Wednesday, citing data from a household survey conducted by think tank Centre for Monitoring Indian Economy. The findings of the consumer Pyramids Household...

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A re-look at production-linked incentives -Prashanth Perumal J

-The Hindu The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades Many Indians on a daily basis use sophisticated goods that are either fully imported or just simply assembled in India. This is because India lacks a well-developed manufacturing supply chain that could help produce things from scratch. To tackle this, in 2020, the Central government came up with...

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Opinion: Food Insecurity - The Story That Won't Make Prime Time News -Derek O'Brien

-NDTV.com Here's a story that won't make the 9 pm news. As per reports in a few regional language newspapers (yes, they still have The Spine), the Union is proposing an increase in the prices of rice, wheat and cereals sold through the National Food Security Act (NFSA) by Rs.7 per kg for Priority Households (PHH). Apparently, NITI Aayog has even recommended that the Food Ministry increases the price for sale to...

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