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Retail inflation eases to 7.01% in June, but remains above RBI's target band -Meghna Sen

-Livemint.com For the sixth month in a row, the retail price inflation stayed well above the RBI's upper tolerance limit of 6% India's retail inflation eased slightly to 7.01% in June against 7.04% in the previous month, government data showed today. However, in June 2021, the retail inflation stood at 6.26%. The consumer price-based inflation (CPI) has breached the upper limit of RBI's tolerance band, ranging from 2-6%, for the sixth consecutive...

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Paddy sowing down by 24%, Oilseeds 20% due to less rains in some parts: Govt

-BusinessToday.in Paddy was sown in 95 lakh hectares and Oilseeds in 97.56 lakh hectares in the same period of the 2021-22 crop year (July-June). The area under coverage for paddy declined 24 per cent to 72.24 lakh hectares so far in the ongoing Kharif sowing season, while Oilseeds acreage is lower by 20 per cent at 77.80 lakh hectares because of delay in the progress of monsoon rains in some parts of...

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RSS farmer body Bharatiya Kisan Sangh slams Centre’s farm policies -Ishita Mishra

-The Hindu Exim policy for agricultural produce should be long-term and in farmers’ interests, BKS says Bharatiya Kisan Sangh (BKS), the Rashtriya Swayamsewak Sangh’s (RSS) farmers’ group, criticised the Centre’s export and import policies. The BKS urged the government to frame long-term export and import policies that are in the interests of farmers. The BKS, which held a meeting of its all India managing committee in Raipur last week, said it’s being seen...

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UN Report: Global hunger numbers rose to as many as 828 million in 2021

-Press release by FAO dated 6 July 2022 The latest State of Food Security and Nutrition report shows the world is moving backwards in efforts to eliminate hunger and malnutrition Rome/New York: The number of people affected by hunger globally rose to as many as 828 million in 2021, an increase of about 46 million since 2020 and 150 million since the outbreak of the COVID-19 pandemic (1), according to a United...

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India has a dal problem – open import policy is hurting prices and farmers -Shweta Saini, Pulkit Khatri and Siraj Hussain

-ThePrint.in Pulses, except masur, are selling lower than MSP. Government must review its policy before it’s too late. Introduced as part of the Narendra Modi government’s aggressive measures last year to tame the spike in prices of pulses, it is time to review the open import policy of tur and urad. These pulses, in addition to chana and mung, have been trading below their MSP levels for a while now. With an...

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