-The Indian Express New FDI policy in food products is unlikely to be a game-changer by itself. Government must clear up the policy environment. n a rather bold move on June 20, the Modi government opened several key sectors such as defence, pharmaceuticals, civil aviation and food products to 100 per cent foreign direct investment (FDI). The objective behind this FDI policy is to attract higher investments, better technologies in manufacturing, commerce,...
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How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty
-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
More »Govt cracks the whip on price rise -Sanjeeb Mukherjee
-Business Standard In last one month, chana futures prices have risen 17.37 per cent and on Thursday it closed at Rs. 6812 per quintal on NCDEX New Delhi: The government has launched a multi-pronged drive against price rise of Essential Commodities with different agencies doing their bit to ensure smooth supply and action against hoarders as well as profiteers. Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred launch of...
More »Cap on cotton seed price arbitrary, says Ahluwalia -Jacob Koshy
-The Hindu ‘It didn’t go well with India’s IPR policy’ New Delhi: The former Deputy Chairman of the erstwhile Planning Commission, Montek Singh Ahluwalia criticised an Agriculture Ministry order earlier this year to cap the royalty and sale price of cotton seed. The Ministry, in March, used its powers under the Essential Commodities Act — a legislation that allows the government to determine the price of commodities including seed — to declare that...
More »How e-NAM can promote the warehousing sector -Sangeeta Nain
-The Hindu Business Line The recently launched e-NAM (National Agriculture Market) is targeted to be rolled out in 200 mandis across the nation on September 30, 2016. In recent years, the country has seen rising efforts by the government and private companies to unify agricultural markets. It is expected that participants across the nation will trade on the e-NAM platform and that the prices of agricultural produce will be determined based on...
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