The government is planning to launch a dedicated horticulture rail transport system by March with an investment of over Rs 18 crore that will link the wholesale markets of the country. The aim is to reduce the wastage of surplus fruits and vegetables informed a senior official . "We have sent a proposal to the agriculture ministry for approval and are expecting to launch the trial run in two months, sometime...

Managing high agriculture commodity prices is becoming a concern for policy makers in India as well as globally. While Food and Agricultural Organisation (FAO) has already warned of a ‘food price shock’, concerns are raised that this situation could worsen as various exporting countries could consider restrictions which will further create supply bottlenecks. As global food prices hit a record high, India just trails behind with food inflation touching a 23-week...

India's food prices have increased significantly over the weekend, leaving customers and shopkeepers extremely worried. Reuters reports the price of onions in particular has peaked. Onions are currently selling between Rs 70-80 per kilogram ($AU1.56- $AU1.78), after being worth Rs 45 ($AU1) only a few days ago. The Associated Chambers of Commerce and Industry of India (ASSOCHAM) reports food inflation climbed nearly to a year's high of 18.32 per cent on December...

Good weather conditions and the recent rains in North India have brightened the chances of a better wheat crop this year. Improvement in the cultivation per hectare of wheat and better quality seed may also help increase production. According to sources, the total wheat production of Haryana and Punjab may reach 268 lakh metric tonnes in 2010-11, compared to 256 lakh MT of the previous year. It is expected that while...

In a major decision that is likely to add to the double-digit food inflation, the government has quietly raised foodgrain prices for Above Poverty Line (APL) families by over 40 per cent. The decision to this effect was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Manmohan Singh on December 30. “The Committee considered the note dated 04/10/2010 from the Ministry of Consumer Affairs,...