-Outlook India's foodgrain production is projected to increase marginally in the kharif (summer) season this year to 129.32 million tonnes after more than half the country received normal monsoon rains. "Total foodgrain production in the kharif season of the 2013-14 crop year is definitely expected to be higher than last year's level at 129.32 million tonnes," Agriculture Minister Sharad Pawar told PTI. Foodgrain output stood at 128.2 million tonnes in last year's kharif...
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CM Launches Rajiv Gandhi Ann Yojana in HP
-Outlook Shimla: Himachal Pradesh Chief Minister Virbhadra Singh today launched Rajiv Gandhi Ann Yojana under the Food Security Scheme in the state. Of the state's 68 lakh population, about 37 lakh would be benefited by the scheme, Singh said after handing over ration bags to 104-year-old Mast Ram and Vidya Devi (70) of Sunni area of the district at a function at Ridge maidan here. Beneficiaries under the scheme would get three kgs...
More »Food prices rose 157% between 2004 and 2013 -Subodh Varma
-The Times of India NEW DELHI: If you were to ask any random aam aadmi anywhere in India what is the single biggest failing of the UPA, the answer would be - price rise. This is so because the most important items of family spending - food items - have relentlessly risen for the past several years despite repeated promises to bring them down by the economic mandarins and policy wonks...
More »90% onion stocks over, hoarders could look to make a killing-Dipak Kumar Dash
-The Times of India NEW DELHI: Onion hoarders and unscrupulous traders could be looking to make a killing over the next 15-20 days as 85-90% of the country's onion stock is over and only 3-4 lakh tonnes remain available for consumption. Since traders are aware of the depleting stock, and know that arrival of the kharif crop from October will ease supplies and depress prices, they seem to be trying to extract...
More »Onions drive inflation to six-month high at 6% in August-Somesh Jha
-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...
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