-PTI/ Financial Express Downtrading refers to the practice of switching from expensive products to cheaper alternatives by customers in a bid to conserve cash. FMCG manufacturers are opting to reduce product weight rather than PRIce of items targeted at lower-end consumers, while resorting to single-digit PRIce increase on some large packs and launching ‘bridge packs’, as they seek to overcome the impact of commodity PRIce rise and unprecedented inflation. Besides, they are also...
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Expensive crash courses, students dropping out of school – how CUET is driving change in higher education -Soniya Agrawal
-ThePRInt.in While PRIvate school students are dropping out to enroll in crash courses for CUET, those who cannot afford these coaching classes feel they are at a disadvantage. New Delhi: Alarm for Class 12 board exams, that lived rent-free in the minds of students, has now been replaced by the rush to enroll in expensive crash courses to prepare for the Common Universities Entrance Exams (CUET). Introduced in 2021, CUET is a single-window...
More »G7 Ministers Condemn India’s Decision to Ban Wheat Exports Amid Ukraine Crisis
-TheWire.in "If everyone starts to impose export restrictions or to close markets, that would worsen the crisis," German agriculture minister Cem Ozdemir told the news agency AFP. New Delhi: Agriculture ministers from the Group of Seven (G7) industrialised nations on Friday, May 13 condemned India’s decision to ban unapproved wheat exports after the country was hit by a punishing heatwave. “If everyone starts to impose export restrictions or to close markets, that would...
More »India’s wheat ban defies economic logic
-Livemint.com The political economy favours the government taking tough measures to protect the consumers — more numerous and more vocal than producers — even if these measures go against the grain of economic sense. India’s decision to restrict wheat export is disappointing but not a big surPRIse. Banning exports has been the government’s standard response to any shortage of agricultural commodities, denying farmers the benefit of global PRIces when these are high....
More »To control domestic PRIces, India bans wheat exports with immediate effect -Harpreet Bajwa
-The New Indian Express However, the export shipments for which irrevocable letters of credit (LoC) have been issued on or before the date of this notification will be allowed, DGFT said in a notification dated May 13. CHANDIGARH: With the Russia-Ukraine conflict disrupting global wheat trade and the procurement of wheat dipping down this year due to hosts of reasons and the PRIces of wheat flour (Atta) is an all time high...
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