-The Times of India NEW DELHI: With the abnormal rise in prices of essential commodities such as onions, potatos, pulses, tomatoes and edible oils becoming a seasonal affair, the government is considering creation of a specialized entity that can help forecast demand and supply of such items. It will monitor the situation both in the domestic and international markets. The issue came up for discussion at the inter-ministerial committee on prices and...

-The Hindu Business Line Crop insurance will make farming a safer vocation The plight of Punjab’s cotton farmers after a swarm of ‘whiteflies’ ravaged their crop is truly disquieting. In a knee-jerk response, Punjab has promised ₹640 crore for over two-third of the crop being destroyed, but on what basis, it is hard to tell. This highlights the absence of crop insurance in Punjab, as pointed out by a recent Crisil study....

-Business Standard Garment industry apprehends the govt to issue close to 200 new licenecs for import of wearable used clothes Kolkata: Even as premium global fashion brands see India as a potential market, another segment in the Indian retail chain is attracting global attention: The country has emerged as the biggest importer of worn clothing and textiles. UN Comtrade data on global trade of worn clothes and textiles show in 2013, such imports...

-The Times of India THANE: With little hopes of revival of farmlands in Marathwada region, large-scale migration of farmers from these barren lands to second tier cities like Thane and Navi Mumbai can be expected in future, say experts in the field of migration. Scant showers this monsoon has filled the Marathwada dam up to just about 16%, providing hardly any relief to farmers here. As a result, massive influx of farmers...

-Down to Earth Reasons behind the trend include high inventory levels, lower oil prices and renewed strength of the US dollar The Food Outlook report released on Thursday states that agricultural commodities are going through a period of lower prices and less volatility. After dramatic price rise from 2007 till early 2011, cereal and vegetable oil prices are now steady as well as on the decline, the biannual publication of the Food...