-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...
More »SEARCH RESULT
Total Matching Records found : 682
Heavy rains in India damage key crops ahead of harvest, threatening to stoke food inflation -Rajendra Jadhav
-Reuters/ThePrint.in State like UP has received 500% more rainfall than normal so far in October. Higher food prices could prompt India to slap additional restrictions on exports of food commodities. Mumbai: Heavy rainfall in India has damaged key summer-sown crops such as rice, soybean, cotton, pulses and vegetables just before harvesting, which could stoke food inflation in Asia’s third biggest economy, farmers, traders and industry officials said. Higher food prices could prompt New...
More »Why Kerala paddy farmers are having a field day now -PK Krishnakumar
-Moneycontrol.com Measures like assistance for fallow land cultivation, upland cultivation, and conversion of single crop to double crop have increased productivity. Though paddy farmers are still struggling with rising cost of production and procurement delays, they get a daily wage of Rs 700, against Rs 200-300 in other states. Paddy farmers in Kerala have something to cheer amidst the ongoing row between the Kerala government and the rice millers over procurement. Rice production...
More »Domestic Rice Prices "May Continue To Rise": Food Ministry
-PTI/ NDTV.com The ministry also said that the recent changes in India's rice export rules "have helped keep a check on domestic prices" without reducing the availability for exports. New Delhi: Domestic rice prices are showing an upward trend and it "may continue to increase" due to low kharif production forecast and 11 per cent jump in export of non-basmati rice, the food ministry said today. The statement was made in the fact...
More »The ban on the export of broken rice -Saptaparno Ghosh
-The Hindu How is the ethanol blending programme connected to the rice export ban? The story so far: On September 9, the Centre instituted a ban on the export of broken rice. Additionally, it mandated an export duty of 20% on rice in husk (paddy or rough), husked (brown rice) and semi-milled or wholly-milled rice. The measures do not affect export of basmati or parboiled rice. The Secretary at the Department of...
More »
