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Dismal economic data adds to government’s woes

-The Times of India There was no let up in bad news for the government on the economic front. Amid the debate over slowing economic growth, data released by the Central Statistics Office (CSO) on Tuesday showed industrial output fell 0.6% in December, posing fresh policy challenges. This is the second successive month of decline for factory growth which has remained anaemic due to a string of factors including high interest rates,...

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Organic food fails to move cash registers for Retailers-Writankar Mukherjee

-The Economic Times Brands may be spending million to promote an eco-friendly-image, but when it comes to actual sales, organic and 'planet-friendly' products have failed to move cash registers for Retailers, whether it's fresh produce, groceries or even clothing. Top food Retailers like Future Group, Reliance Retail and Spencer's Retail say sales from organic vegetables, fruit and food products account for less than 2 per cent of total food sales, even three...

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LPG relief for midday meal kitchens, canteens -Sanjay Dutta

-The Times of India It appears to be one step forward and two steps back for the government in so far as pruning of fuel subsidy bill is concerned. The latest example is the oil ministry's order asking state-run fuel Retailers to supply cooking gas cylinders at subsidized rate to non-domestic consumers such as canteens, medical institutions and mid-day meal kitchens. The order on cooking gas, issued on Tuesday, comes close on...

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Asia faces challenge of feeding 5b by 2030: ADB Bangladesh -Sangbad Sangstha

-New Age Asia’s ability to keep food prices in check and ensure long-term regional food security will require the region’s farm to market supply chains to become more efficient and cost-effective, says a new Asian Development Bank  study. The Study titled ‘The Quiet Revolution in Staple Food Value Chains: Enter the Dragon, the Elephant and the Tiger’, was produced by ADB and the International food Policy Research Institute in response to the...

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Don’t join Retail queue but cut diesel taxes, Moily tells States-Sujay Mehdudia

-The Hindu OMCs will revise price every month until losses are wiped out The Centre is seized of some State governments’ directive to their transport undertakings (STU) to line up at Retail outlets for refuelling following the removal of subsidy for bulk consumers of diesel, Petroleum Minister M. Veerappa Moily said on Friday. Talking to reporters here, Mr. Moily said he had heard that States such as Gujarat and Tamil Nadu had asked...

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