-The New Indian Express An energy crisis was the last thing policymakers had expected in the aftermath of Covid-19. An energy crisis was the last thing policymakers had expected in the aftermath of Covid-19. But here we are, facing an unprecedented energy crisis, not just in India but in many other parts of the world. Even as the Delhi chief minister sent an SOS to the Central government warning of possible power...
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Festive Bonanza: Government Slashed Import Taxes On Edible Oils Till March 2022, Check Details -
-Outlook India The latest development will cut the effective import tax on crude palm oil, crude soya oil and crude sunflower oil from 24.75 percent till now to 0. The government on Wednesday reduced various import taxes on palm oil, soyoil and sunflower oil ahead of the festive season till March 31, 2022, said the Bureau of Indirect Taxes and Customs. According to Moneycontrol, the latest development will cut the effective import tax...
More »Oil Ministry mulls reinstating subsidised LPG prices, survey in progress -Twesh Mishra
-Business Standard Centre assessing appropriate price at which subsidy should resume The Ministry of Petroleum and Natural Gas is evaluating a threshold at which the subsidy on Liquefied Petroleum Gas (LPG or cooking gas) will be reinstated. According to a senior government official in the know, a survey is currently being conducted to determine the price at which maximum consumers will keep buying domestic cylinders. One of the options also being considered...
More »Sri Lanka’s organic farming crisis: Learning from failures -Gurudas Nulkar
-Down to Earth Sri Lanka has found itself in an economic crisis in pursuit of producing 100% organic food ‘Lankan food crisis shows perils of organic farming’. This was the headline of a column by Indian economist Swaminathan Anklesaria Aiyar column published in a national daily recently. Aiyar’s article analysed the Sri Lankan food crisis, which has been triggered by the President’s recent decision to shift from chemical to organic farming. While the...
More »Retail edible oil prices to start softening from Dec: Food Secretary Sudhanshu Pandey
-PTI/ BusinessToday.in Retail prices of edible oils in India, which imports 60 per cent of its requirement, have shot up to 64 per cent in the past just one year, in line with the global developments Retail edible oil prices in the country will start softening from December with arrival of new crops and a possible decline in global rates, Food Secretary Sudhanshu Pandey said on Friday. Retail prices of edible oils...
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