Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the food price inflation would come down by the end of the current fiscal. "Food price inflation by the end of the current fiscal would be significantly lower than what it is right now," Ahluwalia said while speaking at the India Economic Summit here. Citing the reason for high food inflation, he said, at the end of a bad monsoon, particularly...

A simple vegetarian fare of dal, rice, vegetables and chapattis is costing you more every month. Prices of vegetables have almost doubled in the last two months while pulses and foodgrain are costing 25 per cent more. Lady's finger that was available for Rs 28 a kg a fortnight ago now costs Rs 40 a kg. Capsicum is up to Rs 70 a kg from Rs 40 a kg while prices of...

In a more realistic and less confusing picture of the situation, the new wholesale price data monitoring system introduced on Thursday revealed that inflation of food articles soared by 13.39 per cent year-on-year during the week ended October 24, mainly owing to a surge in potato and onion prices, even as inflation for primary articles declined by 0.11 per cent on a weekly basis. As per the new data collation system,...

The plight of the hungry in developing countries is needlessly aggravated by farmers losing up to half of their crops after gathering the harvest, the United Nations agricultural agency said today, stressing that adequate investment and training could drastically cut the losses. The Food and Agricultural Organization (FAO) said that excessive rainfall, droughts, extreme temperatures, contamination by micro-organisms, and premature harvesting are among the causes of these post-harvest losses, which...

The Genetic Engineering Advisory Committee (GEAC), a regulatory body comprising of scientists which works with the Ministry of Environment and Forest, has finally waved the green flag for commercial cultivation of Bt brinjal in India on 14 October, 2009. The present recommendation of the GEAC has met with opposition from Greenpeace (http://www.greenpeace.org/) and a host of other civil society organizations. However, commercial cultivation of Bt brinjal may take a year...