-The Times of India NEW DELHI: Private players have placed orders to import around 7,000 tonnes of onions, while the government leaned on a public sector company to ship the key kitchen ingredient to beat the domestic shortage. The moves came even as the food and consumer affairs ministry said it will seek export curbs if prices did not ease in a fortnight. Senior government officials said Project Export Corporation was on...
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Bangladesh textile factories shut amid unrest
-BBC Many Bangladeshi textile factories near the capital, Dhaka, have shut because of unrest sparked by the collapse of a factory building last month, the country's textile association has said. Owners made the decision on safety grounds after many workers went on a rampage, the group's president said. Retailers in Europe meanwhile said they would sign an accord to improve safety conditions in factories in Bangladesh. At least 1,127 people were killed when the...
More »Cash transfers are bad for food security-Madhavi Cherian
-The Hindu India's hard won gains in achieving food security are in danger of being undermined by a clause in the National Food Security Bill that encourages States to adopt cash transfers in lieu of food entitlements under the Public Distribution System (PDS). Supporting this view, a recent report by the Commission for Agricultural Costs and Prices (CACP) concluded that the provision of food subsidies in the form of cash would...
More »Blame Govt for high wheat prices -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line The general tendency among Indian policy makers currently is to blame international price movements for the rise in prices of essential food items in India. The extent to which this claim is valid is assessed by examining the specific case of wheat. It is no secret that Indian food prices are increasingly affected by international prices. Ever since 2002, when all quantitative restrictions on Indian imports of agricultural...
More »Government eases curbs on sugar sector- Ragini Verma
-Live Mint CCEA clears recommendations on sugar sector made by Rangarajan panel; subsidy burden to rise Pushing ahead with long-pending reforms of the sugar industry, the cabinet on Thursday approved the dismantling of rules requiring sugar mills to sell the sweetener at below-market prices through the public distribution system (PDS) and abolished curbs on open market sale. The cabinet committee on economic affairs cleared the recommendations made by a panel headed by C....
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