-The Hindu Retail inflation in potatoes surged from 6.8% in April this year to 11.1% in May, SBI had noted With retail potato prices rising sharply over April and May, the government has decided to permit the import of Potatoes from Bhutan without any license up to June 30, 2022, as per a notification issued late on Monday by the Commerce and Industry Ministry. Last October, as potato prices crossed ₹40 per kilogram...
More »SEARCH RESULT
Total Matching Records found : 945
Modi Govt’s Policy to Reduce Oil Imports: Subsidise the Rich, Burden the Poor! -Ayaskant Das
-Newsclick.in Rice meant for the poor will be sold at subsidised rates to privately-owned ethanol distilleries. The industries will be given cheap loans and exempted from Environmental Clearances. Is the Modi government subsidising the rich at the cost of the poor by diverting foodgrains meant for the most impoverished sections of the population to private industries for producing alcohol for India’s ethanol blended petrol programme? There’s more: For manufacturing ethanol, foodgrains will not...
More »Why edible oil prices are on fire -Shubham Shankhdhar
-IndiaToday.in India’s edible oil demand far exceeds domestic production. At least 60 per cent is met through Imports, and global prices are soaring. Is there a way out? These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore Garden in West Delhi, finds himself worrying about inflation. He says his monthly spending on essentials like vegetable oils has been steadily rising—a litre of mustard oil now costs him...
More »It’s time to protect the poor and the migrants from rising edible oil prices
In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
More »Why edible oil prices have surged to their highest in a decade -Devika Singh
-Moneycontrol.com Edible oils have risen as much as 62 percent in the last year as bad weather in major producing countries and increasing use of biofuels has hit supply, but experts say the market will stabilize in a few months Prices of edible oils such as mustard, vanaspati, soya, palm, sunflower, and groundnut are more than their highest in a decade. Prices have risen as much as 62 percent from last year, Food...
More »
