-The Economic Times Nothing can be more ironic than to have food inflation at 18% (August 2013 over last August) in a country that takes pride in enacting the National Food Security Act (NFSA) and bestowing "the right to food" to 67% of its population by promising 5 kg cereals per capita per month (pcpm) at highly subsidised rates. Given that cereals consumption is 10.7 kg pcpm, people will have to face...
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New drug policy forces many pharmacies to shut shop -Raji Reddy Kesireddy
-The Economic Times HYDERABAD: Numerous pharmacies - especially those operating on rented space - are shutting down across the country, hurt by a sharp decline in margins after the introduction of a new pricing policy for medicines and intense competition from bigger players. The new Drug Price Control Order (DPCO), which was notified on May 15, has made the prices of some 150 drugs fall steeply. Under this, companies and Retailers are...
More »Food waste harms climate, water, land and biodiversity–new FAO report
-FAO Direct economic costs of $750 billion annually - Better policies required, and "success stories" need to be scaled up and replicated Rome: The waste of a staggering 1.3 billion tonnes of food per year is not only causing major economic losses but also wreaking significant harm on the natural resources that humanity relies upon to feed itself, says a new FAO report. Food Wastage Footprint: Impacts on Natural Resources is the first...
More »Retailers, consumers sourcing cheaper vegetables from farmers via e-mails, SMS in Maharashtra -Jayashree Bhosale
-The Economic Times PUNE: Over 300 farmers from Mulashi near Pune, organised under the Abhinav Farmers' club, plan four months in advance who will grow what. More than 1,300 women, organised in 117 groups, do attractive packaging of organic vegetables, earning Rs 150 a day (for just 4-5 hours' work). The fresh vegetables, fruits and grains will be delivered at door step as per the orders booked through e-mails, voice SMS and over...
More »Soon, buy 5kg cooking gas refills at petrol pumps-Sanjay Dutta
-The Times of India NEW DELHI: Within a fortnight, you may be able to pick up a cooking gas refill from petrol pumps owned and operated by state-run oil companies in the four metros and big cities such as Bangalore and Hyderabad. Oil minister M Veerappa Moily on Tuesday approved the proposal allowing sale of 5-kg cylinders at commercial rate. The cost of the small refill will be Rs 361, oil company...
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