-The Business Standard Fear of bad monsoon has suddenly hiked vegetable and fruit prices by about 300% from the farm to your dining table Bangalore: Steep rise in prices of fruits and vegetables has resulted in over 55% of middle and low-income group families opting for pre-cooked and ready-to-eat food items to keep the kitchen budget intact, according to a survey. "The fear of bad monsoon has suddenly hiked the vegetables...
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Food Security Bill to partly hurt ongoing recovery; 1QFY14 earnings in focus
-The Economic Times MUMBAI: The Union Cabinet this week passed an ordinance to implement the National Food Security Bill (NFSB). The bill guarantees legal entitlement of food grains at a subsidised price to ~67 per cent of India's population. The ordinance will come into effect immediately once it is signed by the President. But it also needs to be approved by both the houses of Parliament in the monsoon session within six...
More »Karnataka to launch food security scheme from July 10-Mahesh Kulkarni
-The Business Standard The state govt is gearing to launch 30 kg rice at Re 1 per kg to BPL families, which will cost Rs 4,300 cr to the exchequer The new Congress government in Karnataka led by Siddaramaiah is gearing up to launch an ambitious programme of providing 30 kg rice every month to all families below the poverty line (BPL), at a subsidised rate of Re 1 a kg from...
More »Wait, wheat also at Re. 1 a kg -S Rajendran
-The Hindu State government likely to include it in scheme in August Bangalore: Wheat is expected to be part of the State government's scheme to supply foodgrains at Re. 1 a kg. In fact, details on the demand for wheat is being collated from all the districts. The sale of rice for the benefit of people living below the poverty line, apart from those covered under the Antyodaya scheme (poorest of the poor),...
More »New strategies needed as rapid urbanization threatens sustainable development - UN report
-The United Nations Without fresh ideas to address rapid urbanization, the number of people living in slums lacking access to basic infrastructure and services such as sanitation, electricity, and health care may skyrocket from one billion at present to three billion by 2050, the United Nations today reported. That wake up call is one of several alarm bells sounded in the UN World Economic and Social Survey 2013, which was launched today...
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