-PTI/ Business Standard The All India average retail price of wheat has risen by over 22 per cent to Rs 31.04 per kg as of August 22 compared to Rs 25.41 per kg in the year-ago period, Consumer Affairs Ministry's data showed After wheat, rice prices are firming up on reports of supply concerns with the all India average retail price of the grain ruling higher by 6.31 per cent at Rs...
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Why are Madhya Pradesh farmers throwing away their garlic crops? -Rakesh Kumar Malviya
-Down to Earth The production of the allium has doubled in the last decade; Chinese, Iranian garlic with larger cloves in greater demand, say farmers There have been several calls to allow garlic export after several video clips on social media showed farmers from Madhya Pradesh throwing out or burning their crops, allegedly over low prices of the allium. One clip making rounds showed the crop being dumped into a river, while another...
More »No plan to import wheat into India, have sufficient stock, confirms govt
-Livemint.com The following confirmation from the government arrived after a LiveMint report, which – citing FCI – said that wheat reserves have declined in August to the lowest level for the month in 14 years, while wheat inflation is running at close to 12% The Department of Food and Public Distribution on 21 August confirmed that the government is not planning to import wheat from overseas. It also said that India has...
More »Cereal inflation likely to offset disinflationary forces, say experts -Sanjeeb Mukherjee
-Business Standard There is a possibility of a 10-15-million tonne drop in kharif rice production due to drought in several major growing states in eastern India wheat prices in some markets have touched Rs 2,522 a quintal and cereal inflation is expected to remain sticky in the months ahead due to low wheat stocks in central granaries. Nomura India in a report said lower rice output will put pressure on domestic rice...
More »Centre weighs ban on rice exports -R Suryamurthy
-The Telegraph Officials said the government is weighing up the option of some kind of restrictions on the shipments of rice New Delhi: After wheat, the Centre is mulling curbs on rice exports as the acreage under the crop this season has shrunk about 13 per cent over the previous year because of deficient rains in key rice-growing states — leading to a rise in the price of the foodgrain. Analysts said the...
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