-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...
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As inflation soars, sale of low-unit price packs jumps; FMCG companies go for grammage cut, bridge packs
-PTI/ Financial Express Downtrading refers to the practice of switching from expensive products to cheaper alternatives by customers in a bid to conserve cash. FMCG manufacturers are opting to reduce product weight rather than price of items targeted at lower-end consumers, while resorting to single-digit price increase on some large packs and launching ‘bridge packs’, as they seek to overcome the impact of commodity price rise and unprecedented inflation. Besides, they are also...
More »How to make invisible groundwater visible -KAS Mani
-Down to Earth blog Sustainable vision is key to balancing current needs and future demands March 22 is celebrated as ‘World Water Day’ every year. The United Nations Conference on Environment and Development in 1992 gave this call. Since then, this day has been celebrated globally, adopting a new theme each year. The theme chosen for 2022 was ‘Groundwater: Making the invisible visible’. The theme appealed to governments and stakeholders to diagnose current...
More »FSSAI sides with industry, puts consumers at risk -George Cheriyan
-PolicyCircle.org The role of a food regulator is to encourage the consumption of safe, sanitised, nutritious and wholesome food and to inform consumers about the steps it takes to minimise the risks, set standards and ensure safety. The passage of Food Safety and Standards Act (FSSA) in 2006 ushered in an era of food safety in India. The FSSAI is a landmark law because it consolidated all laws related to food...
More »'Betting on Hunger': Market Speculation Is Contributing to Global Food Insecurity -Kabir Agarwal, Thin Lei Win and Margot Gibbs
-TheWire.in An investigation has found that the industry and lobbyists have sabotaged efforts to rein in such behaviour. New Delhi/London/Rome: Food prices have climbed to unprecedented levels in recent months, adding to an already precarious food security situation in large parts of the developing world. Nearly 200 million people already faced acute food insecurity in 2021, almost double the figure from 2016, according to a United Nations report released Wednesday. The report blamed the...
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