-The Telegraph Officials say Centre is considering several other measures such as doing away with stock holding limit of foodgrain The government plans to scrap the import duty on wheat to encourage inward shipment and meet its growing demand during the festive season. Officials said the Centre was considering several other measures such as doing away with the stock holding limit of the foodgrain. Analysts said the move might not fetch the desired results...
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Willing to ‘feed the world’ by summer, India may have to import wheat come winter -Sayantan Bera
-ThePrint.in With wheat prices soaring, the government may have to slash import duty and impose stock limits, say traders and analysts. New Delhi: Rising wholesale and consumer prices of wheat may push India to allow imports of the staple food item in a few months’ time. If India turns importer, it will be a drastic reversal — from desiring to ‘feed the world’ in the summer to battling a shortfall by winter. Compared...
More »Prices of Food Items Rising Unchecked… -Subodh Varma
-Newsclick.in …while the government continues to remain clueless. By the end of June, wheat and flour prices were on fire with an incredible 10% inflation rate, according to the latest data available with the ministry of statistics and programme implementation (MoSPI). That means prices were 10% higher than in June last year. Just six months ago, in January, the inflation rate for wheat was 5.1%—uncomfortable but not yet lethal. This devastating rise...
More »Govt mulling various steps to rein in wheat prices -Subramani Ra Mancombu and Prabhudatta Mishra
-The Hindu Business Line Food Secretary tells millers the Centre may release stocks under OMSS or lower import duty Taking a serious view of the 10 per cent surge in wheat prices since June-end, the Centre is considering various measures to bring down the prices—from releasing the cereal under the open market sale scheme (OMSS) for user industries to lowering the import duty to zero. Please click here to read more. ...
More »India’s ‘wheat waiver’ WTO demand is risk-fraught -Prabhash Ranjan
-The Hindu Such a stand will dilute its core agenda of pushing for a permanent solution to public stockholding for food security One of the cardinal demands of India in the World Trade Organization (WTO) — and rightly so — has been to find a permanent solution to the issue of public stockholding (PSH) of food to protect India’s food security (PSH policy). India’s PSH policy is based on procuring food from...
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