-The Hindu Business Line Govt preparing food map to identify ‘critical' products and districts To bring down wastage and stem the rise in food inflation, the Government is planning to create a National Food Grid on the lines of the power grid. The proposed grid will ensure that all types of food are available in every part of the country all through the year. "As the first step, we are preparing a National...

-The Financial Express Global rice trade doesn't operate on market principles. Rather, it is guided by politics, vested interests and weather Rice is a political commodity. Governments all over the world maintain regimentation on rice production and trade through price controls and subsidisation, tariffs, phytosanitary and environmental safety standards-sometimes in a whimsical manner. On July 6, the United States International Trade Commission (USITC) notified investigations (to be completed by April 2015) on...

-The Financial Express   With newer varieties and improvement in yield, packaging and marketing, basmati-long hailed as the ‘king of rice'-is spreading its sweet aroma worldwide WALK INTO any supermarket today and the most eye-catching items will be in the section selling packaged rice. Rice, that humble, century-old staple of the Indian diet, has emerged from its traditional image-grains in an open gunny bag-to a slick new avatar. Today, rice, and basmati in...

-The Business Standard   Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...

-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...