-The Hindu Business Line Apart from endemic policy concerns, the promotion of palm oil has downsides The edible oilseed production has occupied centre-stage in the discourse on Indian agriculture after Prime Minister Narendra Modi’s recent announcement of the ₹11,040-crore National Mission on Edible Oil-Oil Palm (NMEO-OP), to have self-sufficiency in edible oils, particularly palm oil. There are two reasons for this announcement. First, the recent skyrocketing of edible Oil Prices has irked the...
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India has an edible oil problem, but palm oil won't fix it -Sayantan Bera
-Livemint.com * Amid soaring cooking Oil Prices, India has a new plan to grow oil palm locally. Is the solution worse than the problem? * India plans to add about 2.5 million tonnes of home grown crude palm oil by 2030. Its ₹11,000-cr national mission on oil palm focuses on north-east and Andaman and Nicobar Islands M V. Ramoji Rao is a seasoned dentist and a busy one too. It’s not easy to...
More »Price rise is driving Delhi’s food vendors to financial collapse – and their customers to hunger -Vijayta Lalwani
-Scroll.in Shooting Oil Prices have made food more expensive. And daily wagers who struggle to find work have less money to spare. It was past 3 pm on Thursday when Manikchand Lohar ate his first meal – two parathas with a side of vegetables bought from a stall in Delhi’s Lajpat Nagar. The 50-year-old rickshaw puller had started work at 9 am, but he had barely made enough to pay Rs 30...
More »Retail edible Oil Prices to start softening from Dec: Food Secretary Sudhanshu Pandey
-PTI/ BusinessToday.in Retail prices of edible oils in India, which imports 60 per cent of its requirement, have shot up to 64 per cent in the past just one year, in line with the global developments Retail edible Oil Prices in the country will start softening from December with arrival of new crops and a possible decline in global rates, Food Secretary Sudhanshu Pandey said on Friday. Retail prices of edible oils...
More »Retail inflation eased to 5.6% in July
-The Hindu Industrial output growth halves from 28.6% in May to 13.6% in June Retail inflation cooled slightly to 5.6% in July, slipping below the central bank’s upper tolerance threshold of 6% for the first time in three months, even as industrial output growth halved from 28.6% in May to 13.6% in June, as base effects from the national lockdown of 2020 begin to fade. Food prices at the consumer level played a...
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