-Financial Express SEA has stated that the ban on futures trade has deprived importers of hedging their Price Risks in rupee-denominated soya oil and crude palm oil futures on Indian exchanges. The Solvent Extractors’ Association (SEA) of India, a body of edible oil manufacturers, on Monday demanded lifting of ban on futures trade in soya oil and crude palm oil (CPO) on the commodity exchanges imposed on December, 2021, to ensure risk...
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How water shapes India and why we need a paradigm shift in managing our priceless liquid assets -Esha Zaveri
-Scroll.in The increasing variability of water can weigh heavily on communities and represents a significant risk facing Indian farms, firms, and families. Rain, rivers, coasts, and seas have shaped our societies from the earliest days. Tales from classical antiquity to the Abrahamic religions to ancient Mesopotamia speak of how water changed the course of history. In India, the “crucible of the monsoon,” the annual drama of the moisture-carrying winds that bring 80% of...
More »A rain dampener for kharif crops this monsoon poses Price Risks -Dharmakirti Joshi and Adhish Verma
-Livemint.com An uneven distribution of rainfall has left several key rice-producing states parched even as others had to battle excess water The patchy progress of the southwest monsoon this year has cast a long shadow on India’s kharif crop produce, particularly of rice, which is an important constituent of the government’s food distribution programmes. The threat comes right after wheat production in the rabi season took a hit from heatwaves and at...
More »Fortified rice is not suitable for everyone's consumption, state activist of ASHA and Right to Food Campaign
-Press release by Alliance for Sustainable and Holistic Agriculture (ASHA) and the Right to Food Campaign (RTFC) dated 22 August, 2022 New Delhi, August 22, 2022: An RTI response by the Ministry of Women and Child Development reveals knee-jerk and self-protecting measures in the form of a few circulars issued by the Ministry of Food and Public Distribution as well as the Ministry of Women and Child Development with regard to Fortified...
More »Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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