If dal roti went out of reach for the aam admi in 2009, vegetables and onion prices brought tears towards the end of 2010 and with food inflation touching a high of 14.44 per cent for the week ending December 18, the New Year did not ring in any respite from high food prices. The sudden increase of Rs.3 per litre in the price of petrol in December — the sixth...

From onions, sugar and coconuts, to tea, Pulses, rice and spices, all kitchen ingredients will remain expensive in the New Year as unseasonal rains beyond the monsoon wipe out India’s major crops. Worse, rains are hampering the sowing of winter wheat, coarse grains and oilseeds, putting further pressure on food inflation that touched a two-and-a-half month high at 14.44% on Thursday. Across the country, farmers are helplessly watching their fields turn into...

India may witness record foodgrains production in the 2010-11 crop year, surpassing the previous high of 234.47 million tonnes seen in 2008-09, due to an increase in the acreage under cultivation in the ongoing rabi season, a top Agriculture Ministry official said on Tuesday. "It is very much achievable. Any fall in rice production from 2008-09 levels can be compensated by higher production of wheat, Pulses and coarse cereals," Agriculture Secretary...

India, the world’s biggest producer and consumer of Pulses, has extended ban on Pulses exports until further orders, Agriculture Minister Sharad Pawar said on Tuesday, as it battles to rein in high food prices. The government had in June 2006 banned exports of Pulses, which has a weight of 0.72 per cent in the wholesale price index. India’s food price index rose 12.13 per cent in the year to December 11, government...

This allocation is in addition to 25 lakh tonnes of grains released for BPL population in August Ban on export of Pulses and permission to import Pulses at zero duty to continue till March 2012 The Centre on Tuesday announced an additional allocation of five million tonnes of wheat and rice to States for distribution to the Below Poverty Line (BPL) and Above Poverty Line (APL) beneficiaries through the Targeted Public Distribution...