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It’s time to protect the poor and the migrants from rising edible oil prices

In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...

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Rising prices are singeing Covid-battered India, Madame Finance Minister

-The New Indian Express An analysis by The New Indian Express shows that it is not just petrol and diesel prices that are scalding you. Prices of edible oil, tea, and pulses have seen a double-digit growth in the last year. When the April 2021 retail inflation came down to a modest 4.29%, an attempt might have been made to communicate a false sense of relief. The real picture, though, is very...

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Govt. has an active role to play during the pandemic in terms of nutritional support, education & jobs, says IFPRI report

A recent report by the International Food Policy Research Institute (IFPRI) states that the countrywide lockdown imposed on 25th March, 2020, which was extended for nearly two months in phases, affected the food and nutritional status of vulnerable sections of the Indian population. It says that a programme like the Mid-Day Meal Scheme covers four-fifth of primary-school-aged children in the country that helps in improving not only nutrition but also...

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Why edible oil prices are ruling high despite good crop and muted demand -Tina Edwin

-MoneyControl.com India’s production of oilseeds is too little to provide for the domestic demand and therefore is dependent on imports. The average Retail Prices of edible oils rose to their highest in May with soyabean oil prices climbing to nearly Rs 150 for a kilo and sunflower oil to Rs 170. The prices of both edible oils have jumped around 50% from the levels prevailing when the country was under a national...

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Technology enabled digital labour platforms are not adhering to labour norms, points out new ILO report

Although services provided by the gig and platform workers touch the lives of each one of us, we have little knowledge about the role of digital labour platforms in transforming the world of work. Such digital labour platforms have created unprecedented opportunities for workers, businesses and society. However, they also pose serious threats to decent work and fair competition. A recent report by the International Labour Organisation (ILO) shows that the...

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