-Press Information Bureau/ Ministry of Consumer Affairs, Food & Public Distribution The Department of Food and Public Distribution in a landmark decision has imposed stock limits on Edible Oils and Oilseeds for a period upto 31st March, 2022. The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2021 has been issued with immediate effect i.e. from 8th September, 2021.Future trading on Mustard Oil and Oilseeds was...
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Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik
-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer trade in goods...
More »Why the sugarcane-crushing season is set to start on a bitter note -Radheshyam Jadhav
-The Hindu Business Line Surplus stocks, high cost of production among worries Sugar mills in India gear up to start the new crushing season this month with a concern. Sugar production has grown at an annual growth rate of 5.6 per cent over the past two decades, while Consumption has grown at 2.4 per cent per annum. In the last five years, Consumption of sugar has remained relatively static at about 25...
More »Rising crude oil prices further burdens Indian consumers -Vignesh Radhakrishnan, Sumant Sen and Jasmin Nihalani
-The Hindu The Centre has raked in nearly Rs.16 lakh crore through excise duty on petroleum products between FY15 and FY21 In India, crude oil prices have risen to a near three-year high. Subsequently, the retail prices of petrol and diesel, which were already high due to heavy tax rates, became higher in India. Notably, in recent times, whenever crude prices have been on the rise, the burden has been passed on...
More »COVID-19: Study Says India Top Source of Social Media Misinformation
-PTI/ Newsclick.in 'Social media (84.94%) produces the largest amount of misinformation, and the internet (90.5%) as a whole is responsible for most of the COVID-19 misinformation. Moreover, Facebook alone produces 66.87% of the misinformation among all social media platforms.' New Delhi: India produced the largest amount of social media misinformation on COVID-19 due to the country's higher internet penetration rate, increasing social media Consumption and users' lack of internet literacy, according to...
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