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Commodities price ease as monsoon advances -Suresh P Iyengar

-The Hindu Business Line Edible oil, sugar prices drop sharply as rainfall deficit shrinks to 19% Mumbai: With the monsoon deficit shrinking and the Government keen to crack down on hoarders, prices of most essential commodities such as edible oil, sugar and wheat are showing signs of softening in the wholesale market. After a lacklustre start, the South-West monsoon has recovered since mid-July. The rainfall deficit has shrunk to 19 per cent currently.....

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Ram Vilas Paswan, the minister in charge of food and public distribution talks with Sanjeeb Mukherjee

-The Business Standard Interview with Union minister in charge of food and public distribution Ever since the new government took office in May, food prices and related issues have been one of the most discussed subjects. Ram Vilas Paswan, the minister in charge of food and public distribution, says hoarders are to blame. And, speaks of the various other priorities under his charge. Edited exceprts of a talk with Sanjeeb Mukherjee: * The...

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Data in: hoarding fears hyped, price-rise problem is seasonal -Anil Sasi

-The Indian Express For tomato, however, the difference jumped from 4 per cent on July 8 to 100 per cent on August 8. A month after the central government brought onions and potatoes under the Essential Commodities Act, 1955, and empowered states to put stockholding limits on these vegetables to rein in hoarders, the difference between their wholesale and retail prices has not reduced. And in the case of other kitchen staples such...

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Making a hash of it -Ajay Vir Jakhar

-The Indian Express Modi government's potato policy will prove counter-productive. Onions and potatoes take centre-stage again. Having secured a mandate based on people's unhappiness with continuously high and painful food inflation, the government's inability to control prices is, understandably, sending shivers down the BJP's spine. Fulfilling the aspirations of urban voters and winning over a thoroughly exacting Delhi electorate, where re-elections are due, are essential to the BJP's game plan to succeed....

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110 Seed Banks to be Set Up in AP, Tamil Nadu -Rahul V Pisharody

-The New Indian Express HYDERABAD: To preserve indigenous seed varieties and also promote organic farming, the state bio-diversity board will soon open over 110 seed banks across the two states. With the requisite budgets sanctioned for this pilot project, the board is all set to start the programme in the coming weeks. The concept is inspired by the activities of a Karnataka-based NGO which was able to do the same in a...

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