-Hindustan Times The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India’s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why — even with declining inflation — their household budgets are spinning out of control. After onion, the prices...
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Food prices to remain lower for longer, says FAO report -Deepanwita Niyogi
-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...
More »302 of 614 districts reeling under drought, highest since 2009 -Subodh Varma
-The Times of India There is more to this year's rainfall deficit than meets the eye. After the monsoon was officially declared over on September 30, 17 of the country's 36 weather subdivisions had received deficient or scanty rainfall. That's about 39% of the country's area, home to over 66 crore people, nearly half the country's population. Deficient is when rains are below the average by 20% or more while scanty...
More »Deadline for Food Act execution not to be extended -Sanjeeb Mukherjee
-Business Standard Sixteen states and Union territories implemented the Act's provisions in all districts or some The Centre has decided not to extend the Wednesday deadline for states to implement the National Food Security Act (NFSA). "Those states who have not adopted the NFSA will continue to get grains under old public distribution system rates, but they must realise it is not in their own interest to keep away from the Act for...
More »SC queries food security delay
-The Telegraph New Delhi: The Supreme Court today asked the Centre to explain its failure to implement the previous government's flagship food security programme, aimed at providing cheap grains to two-thirds of the population with a special focus on children and pregnant and lactating women. The scheme, estimated to cost Rs 1.25 lakh crore a year, was launched in 2013 and was to come into force from July last year. But the...
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