-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...
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CCEA approves additional allocation of 50 lakh tonnes of foodgrains for BPL familes in FY14 -Sutanuka Ghosal
-The Economic Times KOLKATA: The Cabinet Committee on Economic Affairs ( CCEA) has approved the additional allocation of 50 lakh tonne of foodgrains for the Below Poverty Line (BPL) families at BPL prices during the current financial year. This additional allocation of 50 lakh tonne will remain valid for lifting upto 31st March, 2014 or till the National Food Security Ordinance is implemented in the respective State/UT Governments. Earlier this year also a...
More »India ahead of China in wasting food -Chetan Chauhan
-The Hindustan Times When it comes to wasting food items, India is ahead of China, says a UN report on food waste and its impact on natural resources. The grim news comes at a time when prices of most vegetables and fruits are high. The waste also takes a high toll on the country's natural resources because many of these items, rice for example, consume large quantities of water. It is estimated more...
More »Dipa Sinha, a right to food campaigner interviewed by Elizabeth Roche
-Live Mint The right to food campaigner talks about the importance of the Bill in an interview The National Food Security Bill (NFSB) is just a signature away from becoming law after being passed by the Rajya Sabha on Monday. It was passed by the Lok Sabha on 26 August and needs the President's signature to be enacted. Critics have dismissed the proposed legislation as a drain on India's resources. Dipa Sinha,...
More »Global Food Prices continue to drop
-FAO Prices of cereals and oils decrease - FAO expects bumper cereal harvest this year Rome: The FAO Food Price Index dropped for the fourth month in a row in August reaching its lowest level since June 2012. The index, which measures the monthly change in the international prices of a basket of food commodities, averaged 201.8 points in August 2013, nearly 4 points (1.9 percent) below its July value and 11 points...
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