-The Telegraph Monthly economic review of finance ministry says that there is no 'room for complacency on inflation front' The rice and wheat stocks of the central government have shrunk alarmingly by as much as 37 per cent in a year as rising food inflation signals growing shortages in the economy. Wheat and rice stocks in government-owned godowns stood at 511.36 lakh tonnes on October 1, data from the Food Corporation of India...
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Implementation of nutrition schemes for pregnant women dismal in Andhra Pradesh, finds Vigilance -Rajulapudi Srinivas
-The Hindu Shortage of eggs, variations in stock position and lack of supervision was observed, says Director-General VIJAYAWADA: The Anganwadi centres have been found to be dismal in implementing the YSR Sampoorna Poshana and YSR Sampoorna Poshana Plus schemes, for which the State government has allocated crores of rupees. This was revealed during raids conducted by Vigilance and Enforcement officials on Anganwadi centres in many districts on Friday. YSR Sampoorna Poshana and YSR Sampoorna...
More »Govt eyes stern steps to check food prices -Zia Haq
-Hindustan Times The government is considering price-control measures, such as asking traders to declare their available wheat stocks, and a crackdown on hoarding of grains, he said. India has ample wheat for federally run welfare programmes but speculative trading has pushed up cereal prices, prompting the government to consider measures, such as disclosure of stocks by private traders, a senior official said. The Union government is watching price and stock movements closely and...
More »A food crisis not of their making -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line The crisis in low, middle-income nations is driven by speculation, falling purchasing power and depreciating currencies Among the many crises hitting low and middle income countries (LMICs) today, the emergence of extreme hunger and undernutrition is getting much less attention than it should. The cost-of-living” crisis in advanced economies gets a lot of international media attention. It is certainly evident and has political implications. But what is occurring in...
More »Amid dollar crunch, Pakistani importers head towards grey market for transaction
-Livemint.com After extreme rain and severe flooding, Pakistan is dealing with acute Food Shortage. Moreover, dollar crunch has kept Pakistani food importers at mercy of grey market Extreme floods might not be a problem for Pakistanis anymore, but acute Food Shortage and drying forex reserve have made Pakistani food importers vulnerable to the grey market for payments. Under the grey market, the commodities are traded through markets that are unauthorised by the manufacturers....
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