-Reuters/ Livemint.com In spite of unacceptably high inflation, the Indian central bank should hold off on raising interest rates, according to Jayant Varma, a member of the monetary policy committee India's central bank should pause interest rate hikes, despite unacceptably high inflation, to avoid stalling a recovery in economic growth, monetary policy committee member Jayant Varma told Reuters on Monday. The Reserve Bank of India's monetary policy committee has raised its key repo...
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Will intervene in market if wheat price increased abnormally: Centre
-The Hindu FCI has adequate stocks of wheat and rice, says Food Secretary Amid reports of increase in the wheat price during the festive season, the Centre said on Monday that it would intervene in the market if the price increased abnormally. Talking to reporters, Union Secretary of Food and Public Distribution Sudhanshu Pandey said sufficient stocks of wheat and rice were available in the Central pool to meet the requirement of...
More »Chhattisgarh government to procure pulses at Minimum Support Price -Ritesh Mishra
-Hindustan Times Chhattisgarh chief minister Bhupesh Baghel said the procurement of the pulses at support price will boost income of farmers RAIPUR: Chhattisgarh Chief Minister Bhupesh Baghel on Monday launched the procurement drive of pulses, urad, arhar, and moong at Minimum Support Price (MSP) at 20 procurement centres across the state, underlining that the move will encourage farmers to grow pulses and promote the cultivation of pulses in the state. “The procurement of...
More »COVID-19 lockdown meant no MGNREGA work for 39% job card holders -Himanshu Nitnaware
-Down to Earth Over 2,000 households surveyed across four states; Massive expansion of work scheme needed to meet demand, finds study About 39 per cent of all job card holders seeking work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005 did not get a single day of work during the national lockdown imposed due to the COVID-19 pandemic in 2020-2021. The findings were revealed by a study conducted by Azim...
More »India’s real food problem isn’t hunger but loss and wastage -Shweta Saini and Pulkit Khatri
-ThePrint.in Food losses can't be brought to zero; even developed nations like Ukraine experience it. But this analysis highlights a low-hanging problem and a solution to it. On 14 October, the Global Hunger Index 2022 was released. Out of 121 countries, India ranks 107, and the level of hunger and undernutrition in the country is now at “serious” levels. India’s rank on this index has been worsening since 2020 — 94 in...
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