-The Hindu Business Line New Delhi: To tackle the rising prices of pulses and check its shortage, a high-level government delegation on Tuesday left for Mozambique to explore import options. A Central team is already in Myanmar for the same purpose. The delegation, led by Hem Pande, Secretary, Consumer Affairs, also consists of senior officials from the Ministries of Commerce, Agriculture and MMTC and will explore short- and long-term measures to import...
More »SEARCH RESULT
Govt cracks the whip on price rise -Sanjeeb Mukherjee
-Business Standard In last one month, chana futures prices have risen 17.37 per cent and on Thursday it closed at Rs. 6812 per quintal on NCDEX New Delhi: The government has launched a multi-pronged drive against price rise of essential commodities with different agencies doing their bit to ensure smooth supply and action against hoarders as well as profiteers. Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred launch of...
More »Triple whammy as dal, tomato & potato prices surge together -Subodh Varma
-The Times of India Sometimes it's pricey onions driving consumers to tears, at other times, potatoes or pulses. But this summer is different. A triple whammy of scorching tomato and potato prices, alongside pulses — arhar and urad — has wrecked family budgets. In the last two years, arhar prices have doubled while those of urad have increased by around 120%. Even gram (chana dal), which is produced in large quantities and...
More »Does good monsoon mean big consumption boost? -Mayank Mishra
-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...
More »INDIA FOCUS: Drought and drinking water shortage. More than one-third of India is affected. Click here for info and links.
Situation alarming: More than one-third population hit by drought The country is facing severe drought for the second consecutive year. Conservative estimates from official sources show that over a quarter of rural habitations are facing drinking water scarcity. Although both India Meteorological Department and Skymet have predicted a more than normal rainfall during June-September, 2016, the water storage available in 91 major reservoirs of the country has declined from 22 percent...
More »