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New farm-fresh veggie outlets in Chennai's suburbs sell out on day 1 -K Manikandan

-The Hindu The outlets in the city's immediate southern suburbs and one in Porur boast of a huge price difference of locally-available vegetables compared to those in other markets Chennai: Residents cutting across the social and economic spectrum flocked to the farm-fresh consumer outlets in the city's suburbs on Thursday, soon after their inauguration earlier in the day. Chief Minister Jayalalithaa launched 31 ‘Pannai Pasumai Nugarvor Kootturavu Kadai' through video-conferencing from the Secretariat....

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Up to 50% of food is wasted globally: British MPs -Kounteya Sinha

-The Times of India LONDON: Food wastage is monumental globally, with 30 and 50% of food produced in the world (1.2-2 billion tonnes) is wasted. British MPs on the International Development Committee placed the country's most exhaustive assessment of food security in parliament on Tuesday and has thrown up some seriously worrying findings. They fear that food wastage globally could be as high as 50%. Valuable resources of land, energy, fertiliser and water...

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Costly Ethanol import likely to make petrol pricier by 4 rupees-Rajeev Jayaswal

-The Economic Times NEW DELHI: Petrol could become costlier by about 4 a litre if the government compels oil firms to sell 5% ethanol-blended petrol across the country by next month as these companies would be forced to import huge quantities of the biofuel at exorbitant rates. But, the Cabinet, which will meet soon to discuss the issue, may relax compulsory doping as it would want petrol prices to rise sharply, months...

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‘62% of Delhi-NCR households prefer organic food’ -Tuhin Dutta

-The Indian Express New Delhi: Around 62 per cent of high-income households prefer organic food due to rising awareness, higher disposable income and easy availability in the markets of big cities, a study by Assocham says. There has been a growth in the demand for organic products in metropolitan cities, especially fruits and vegetables, an increase of 95 per cent in the last five years. The survey titled "Rising demand of organic products...

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Finance Ministry agrees to Rs 1 lakh cr diesel, LPG subsidy for FY'13

-PTI NEW DELHI: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and cooking fuel subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down the outgo. Finance Ministry, which had previously given out cash subsidy of Rs 55,000 crore, agreed to give Rs 40,000-45,000 crore more to cover for unmet revenue losses on fuel sale in the fiscal year ending...

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