Ram Prasad Ghosal, a potato farmer from Bamunpara (Dist Burdwan) in West Bengal, owns 10 acres of land. Just two months earlier, though, his ilk faced a major scare. The region witnessed a bumper potato crop of 9.5 million tonnes — 73 per cent higher than last year’s production. Wholesale prices in Kolkata crashed to Rs 300 a quintal. Retail prices, too, dropped to Rs 6-8 a kg. Farmers were...
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Food inflation rises to 16.55%
Food inflation rose to 16.55% for the week ended May 22 on account of high prices of pulses, fruits and vegetables. Inflation increased by 0.32 percentage point from 16.23% in the previous week. The uptick was mainly due to a 7% increase in fish marine prices, 5% rise in prices of poultry chicken, 2% in prices of Barley and masur each and one% increase in prices for fruits and vegetables....
More »Food inflation rises to 16.35%
Food inflation rose marginally to 16.35% for the week ended March 20 mainly on account of high prices of pulses and milk. The inflation stood at four-month low of 16.22% for the week ended March 13. The rise in food prices is mainly driven by pulses, which became dearer by 31.55%. Milk prices rose by 18.74% on the yearly basis. On weekly basis, the index for food articles rose by...
More »Food inflation rises to 17.87%
Food inflation rose marginally to 17.87% for the week ended February 20 on the back of higher prices of milk, wheat, rice and vegetables. The figure in the previous week was at 17.58%. On an annual basis, price of rice increased 10%, wheat 14%, pulses 35%, onions 11% and potatoes 28%. Inflation in fuel, power light and lubricant group was 9.59%, slightly lower than 9.89% in the previous week. However,...
More »Scan on need for GM food
Environmental groups have questioned assertions by sections of scientists and the biotechnology industry that genetically-modified (GM) food crops could play a crucial role in ensuring food security. More than 180 GM plants have so far been field tested in several countries, but few have progressed to the stage where commercial seed is available to farmers, the non-government environmental network called Friends of the Earth (FoE) has said. “GM crops are...
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