-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...
More »SEARCH RESULT
Retail inflation might not fall much in kharif season -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...
More »35% of what Indians eat today is `foreign' -Subodh Varma
-The Times of India Most of us know exotic new veggies and grains like kale and quinoa are "imported" but even ordinary staples like potato, onion, tomato and chilli came from elsewhere, reports Subodh Varma. A study of 177 countries by scientists from the International Center of Tropical Agriculture has found that in India, more than a third of all food items derived from plants -grains, vegetables, fruits, spices, oils, sugar etc....
More »India's organic food market to treble in four years -Dilip Kumar Jha
-Business Standard Farmers face challenges to bring area under organic farming; organic food, however, may not be adequate to feed the growing population Organic food market in India is likely to treble in four years despite several challenges faced by farmers to bring additional area under natural farming. Currently estimated at $0.50 billion, the organic food market in India is estimated to jump to $1.36 billion by 2020, a study jointly conducted by...
More »Why pulses prices are rising -Rajesh Bhayani
-Business Standard Lower output and inadequate policy are some of the reasons Price of pulses has once again started rising with chana trading at Rs 58 per kg in the wholesale market and tur dal set to touch Rs 200 per kg-level in the retail market. Apart from lower crop in India and globally, thoughtless use of policy tools has contributed to the price rise. Government agencies have created a buffer stock of...
More »