The country is about to witness dramatic changes in food norms, impacting the industry significantly, if initiatives being taken by the Food Safety & Standards Authority (FSSAI) are a yardstick. Formulation of food recall procedures in case of unsafe or hazardous products , mandatory compliance with GAP (good agricultural practices) for big Retailers, labelling changes for packaged food items, organic food certification, setting water quality standards and verification of claims by...
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The other side of food inflation: Farm labour costs rise 50% in two years by Harish Damodaran
Everyone knows how much food prices have risen in the last few years. Not everyone, however, knows how much costs have spiralled for those who produce the food you and I eat. Data on daily wage rates for agricultural operations, compiled by the Labour Bureau at Shimla, show huge increases to have taken place in most States during 2009 and 2010. Andhra Pradesh, for instance, has seen farm wage rates – the...
More »More than 1 billion tons of food lost or wasted every year, UN-backed report finds
About a third of all the food produced for human consumption each year – or roughly 1.3 billion tons – is lost or wasted, according to a new study commissioned by the United Nations Food and Agriculture Organization (FAO). The study, compiled by the Swedish Institute for Food and Biotechnology and unveiled today, finds that food waste is more of a problem in rich countries and food loss during production is...
More »Bid to restrict subsidised LPG use by R Suryamurthy
The government plans to restrict subsidised domestic LPG cylinders to six per household every year. For additional cylinders, consumers will have to pay the market price. Data show 65-70 per cent of households use 5-6 cylinders (14.2 kg) a year, while the remaining use more. In Calcutta, PSU oil marketing firms suffer a loss of Rs 329.73 by selling an LPG cylinder at Rs 365.10. A senior oil ministry official said the proposal...
More »Food Price Hike Worsens Poverty in Asia by Marwaan Macan-Markar
An annual meeting of Asian finance ministers and central bank governors in Hanoi is set to address the fate of 64 million people in the region on the brink of extreme poverty. They are the worst affected by soaring food prices, which have hit record highs in the first two months of this year. "The issue of food price inflation and food security will indeed be one of the key topics...
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