-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of December, 2013 declined by 1.3 percent to 179.2 (provisional) from 181.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.16% (provisional) for the month of December, 2013 (over December, 2012) as compared to 7.52% (provisional) for the previous month and 7.31% during the corresponding month...
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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...
More »KV Thomas, Union minister for consumer affairs, food and public distribution interviewed by Nitin Sethi
Union minister for consumer affairs, food and public distribution KV Thomas tells Nitin Sethi that it makes better sense to distribute stocked foodgrain to people of the country than subsidise exports. Possible spread of drought that the government is looking at... At the moment, monsoon rainfall is 23% below the long term average. But we have to wait another 15 days to know the full situation. We had discussion in the presence...
More »Unsold Jute Bags stack up, but govt OKs import-Deeptimaan Tiwary
Even as the government races against time to procure enough Jute Bags to store grains in the face of record procurement , gunnysack traders are saddled with massive unsold stocks. A look at the godowns of some traders in the national capital alone shows there is no shortage of Jute Bags in the country. While the central government has placed an order for four lakh Jute Bags to be imported from...
More »Food Bill should be formulated after discussions: BJP
-PTI Charging the government with showing apathy towards the grievances of farmers, Leader of Opposition in Lok Sabha Sushma Swaraj on Saturday insisted that the proposed Food Security Bill should be formulated after discussing the issues with those involved in the agriculture sector. “Government wants to bring a Bill which aims to provide food security to the people. Then a person who does not get food can go to court. Such a...
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