-The Economic Times A decline in paddy production in eastern states and Andhra Pradesh has triggered speculation of a lower rice output this year, stoking a 10-30% spike in prices at a time when high vegetable prices have pushed inflation to a seven-month high. Floods and incessant rains in major rice producing states such as West Bengal, Odisha, Bihar and Andhra Pradesh during the harvesting period have affected the paddy crop. Talking to...
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Pakistan to Seek Thailand, Vietnam Support Against India’s Food Security Law at WTO
-Oryza.com Pakistan will not allow India to get an approval of World Trade Organization (WTO) members for its Food Security Law which the Pakistan government claims is market distorting. According to local sources, the Pakistan government is seeking support of other rice exporters, Thailand and Vietnam, to prevent India from getting a legal subsidy on rice exports in the next WTO meeting to be held in December 2013. According to local sources,...
More »India set for bumper winter crops in wake of monsoon rains
-Reuters NEW DELHI/MUMBAI: India looks set for bumper harvests of winter crops such as wheat, chickpeas and rapeseed in the wake of a strong monsoon that has left the soil moist and topped up reservoirs. The crops will follow bountiful summer harvests of rice and soybeans due to the rains, with New Delhi looking to boost agricultural growth to cool double-digit food inflation and revive a slowing economy as manufacturing struggles. With next...
More »Punjab to bolster cancer relief fund with cess on basmati -Amaninder Pal Sharma
-The Times of India PATIALA: After generating much-needed revenue from sale of government properties and taxes on sale of tobacco products in the state, Punjab is now set to pump money for its cancer relief fund from a cess on the sale of basmati rice. In a notification issued recently, the Punjab government has decided that 0.25% of the total revenue generated from the purchase of basmati in the state would be...
More »Headlines Today cameras capture trucks diverting PDS wheat meant for Delhi's poor to private flour mills -Harish Sharma and Arun Singh
-India Today The UPA government and the Congress leadership might be patting themselves on the back talking big about the recently passed Food Security Bill, but their promises look far from delivery given the existing state of Public Distribution System (PDS). In a sting operation carried out by Headlines Today special investigation team, hidden cameras caught the pilferage of grain meant for distribution among the national capital's poor people under the PDS....
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