-MoneyControl.com India’s production of oilseeds is too little to provide for the domestic demand and therefore is dependent on imports. The average retail prices of edible oils rose to their highest in May with soyabean oil prices climbing to nearly Rs 150 for a kilo and sunflower oil to Rs 170. The prices of both edible oils have jumped around 50% from the levels prevailing when the country was under a national...
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Pawan Agarwal, CEO, Food Safety and Standards Authority of India (FSSAI), interviewed by Jyoti Shelar (The Hindu)
-The Hindu FSSAI’s The Eat Right Movement seeks to push manufacturers and consumers towards healthier choices The Food Safety and Standards Authority of India (FSSAI) recently started The Eat Right Movement, a nationwide campaign to improve public health and push the food industry to produce healthier choices. Thirty companies, including 18 packaged food companies, have signed various associations with the regulator to bring down salt, sugar and trans fat content in their...
More »Why The Poor Are More likely To Be Undernourished -Nidhi Kaicker, Vani S. Kulkarni & Raghav Gaiha
-Outlook The poor are increasingly displaying food preferences for better tasting, flavoured and packaged foods but with low nutritional content. Renewed media hype about counting the number of poor was sparked by the recent release of the Socio-Economic Caste Census. While many analysts found the prevalence of poverty alarmingly high, others debunked the SECC report for its muddled and incoherent view of deprivation. An important contribution of this report, however, is the...
More »Centre raises import duty on crude, refined edible oils -Sanjeeb Mukherjee
-Business Standard Increases duty on crude edible oils to 7.5% and on refined edible oils to 15% To protect the interests of farmers and provide a level-playing field to domestic oilseed processors, the government has raised the import duty on crude edible oil from 2.5 per cent to 7.5 per cent and that on refined edible oils from 10 per cent to 15 per cent. "Yes, the government had raised the import duties...
More »Sugar and Gram Dal Prices Register Declining Trends
-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The retail and wholesale prices of sugar across selected centers have shown declining trends during last three months across the main market centers in the country. As on February 2, 2014. The average wholesale price of sugar as on 12.2.2014 was Rs. 3168 per quintal, down from the one year back price of Rs. 3519 per quintal. Similarly, the retail...
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