-IndiaToday.in Russia-Ukraine war news updates: The attack on Ukraine has jolted the oil market around the world as well as in India. The dark clouds over edible oil Imports in India have come at a time when the retail prices of edible oil are already plateauing. Russia’s invasion of Ukraine has jolted the crude oil market around the world and that is poised to raise petrol and diesel prices in India as...
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Legal notice seeks genetically modified food draft withdrawal -GS Mudur
-The Telegraph The FSSAI had set a Feb 5 deadline for public feedback on its proposed regulations that outline procedures through which GM foods can be imported in the country A citizen petitioner has through a legal notice asked India’s food authority to withdraw its draft rules on genetically modified foods, saying its proposals would breach environmental regulations and dilute food labelling requirements directed by the Supreme Court. The notice, sent on Friday...
More »Lucrative rabi: Mustard farmers may reap good prices despite bumper output -Shagun
-Down to Earth Higher MSP, dearer Imports expected to keep rates firm for local oilseeds India looks set for a bumper mustard harvest this rabi season, which raises the question: Will those growing the oilseed reap enough compensation for their effort? Increased supply generally suppresses prices, but experts are optimistic that mustard farmers will duck that trend this time. The country has already achieved its mustard acreage for 2025-26 this rabi...
More »How real is the GST boost? -AK Bhattacharya
-Business Standard The share of GST collections in GDP has stagnated, even as IGST revenues from Imports have gone up sharply The Modi government is elated over the steady improvement in the collection of goods and services tax (GST) in recent months. Along with the sharp growth in collections of other Union taxes, GST collections have also crossed the Rs 1-trillion mark for each of the last six months beginning July 2021. Please...
More »A food crisis of the government’s own making -RS Dharmakeerthi
-The Hindu Sri Lanka’s decision to ban Imports on chemical fertilizers was not backed by scientific evidence There is consensus in the scientific community that organic agriculture could reduce crop yield. Quoting three global meta-data analysis, Meemkem and Qaim (2018) pointed out that on average, the yield reduction in organic agricultural systems could be 19-25%, depending on the crop and agro-climatic region. To switch to 100% organic agriculture, a country must have...
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