-The Economic Times   India's grain bins are overflowing and the forecast for a normal monsoon promises another bumper crop, but political disagreement over a bill to secure food rights for the poor means the country is expected to steer clear of large-scale Exports. Shipments from the world's second-biggest producer of wheat, sugar and rice could come as a relief for governments across Asia who are trying to combat food-led inflation,...

India has so far failed to get any assurance from the European Union to reconsider the ban on herbal medicines, even though the issue has been raised with the EU several times. The ban came into effect on May 1, 2011, following a new EU regulatory procedure approved seven years back. According to the EU Traditional Herbal Medicinal Products Directive, a herbal medicine company needs to demonstrate the safety and efficacy of...

The Planning Commission has defended the poverty line cut-off and urged the Supreme Court not to “interfere with the methodology developed by experts over the years to estimate the incidence of poverty.” However, it left a window for the court to direct an upward revision of the limit —daily consumption expenses per head of Rs 20 in urban areas and Rs 15 in rural areas at 2004-2005 prices — saying “these...

Massive grain procurement to meet the requirements under the proposed national food security law could drive out the private sector and have larger implications on the state of the domestic procurement market, a study on food and nutritional security has warned. Apart from impacting Exports and cereal price in the open market, rising public procurement will only make it costly to buy, store, transport and distribute grain, the study said, adding...

India's grain bins are overflowing and the forecast for a normal monsoon promises another bumper crop, but political disagreement over a bill to secure food rights for the poor means the country is expected to steer clear of large-scale Exports. Shipments from the world's second-biggest producer of wheat, sugar and rice could come as a relief for governments across Asia who are trying to combat food-led inflation, but India needs to...