-The Economic Times Where does a 12 per cent decline translate as 100 per cent increase? In the bizarre world of India's food math. Production of pulses slipped down by 12 per cent in 2014-15 compared to the previous year. As a result, prices of this essential item have zoomed up by more than 100 per cent across the country. The government is scrambling to retrieve the situation, especially because an...
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Rising fodder prices spell gloom for poultry sector -Komal Amit Gera
-Business Standard Chandigarh: The rising cost of fodder ingredients in the past few days has pushed the poultry industry into doldrums. An increase of the price of soya meal, a key ingredient, by almost Rs 1,000 per quintal, has left many small players worried. Against the cost of Rs 3 an egg, the farm gate price is between Rs 2.65 and Rs 2.70. P Tamil Arsan, vice-president of National Egg Co-ordination Committee...
More »Karnataka’s public distribution system to go digital within three months -Nidheesh MK
-Livemint.com The state is mapping and feeding Aadhaar and biometric information of ration card holders into a server Bengaluru: Karnataka food and civil supplies minister Dinesh Gundu Rao on Wednesday said the state’s fair price shops will go digital within the next three months. The state is mapping and feeding Aadhaar and biometric information of ration card holders into a server. All transactions in the public distribution system (PDS) will have to...
More »World Bank poverty estimates are poor, says government -Dilasha Seth
-Business Standard Says the actual poverty is much higher than suggested by the multilateral lender, adding there is lack of scientific basis in computing the poverty line The government has contested the World Bank's recently released data that showed only 12.4 per cent of India's population was poor in 2011-12, considering an expenditure cut-off of $1.9 a person a day on purchasing power parity (PPP) terms. It said the actual poverty was...
More »Winter monsoon set to quench southern states -Zia Haq
-Hindustan Times India’s back-to-back drought is likely to end in winter with the weather department predicting higher-than-normal rainfall between October and December in the southern part of the country and normal rains in the rest, boosting prospects of the winter harvest. The rabi, or winter-sown, season is vital since it accounts for nearly half the country’s total food output. The forecast eases worries about water shortages in the nation’s 89 nationally important...
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