-The Economic Times PUNE: After receiving a 32% above-average rainfall in June, the country is likely to get good rainfall in July too. According to IMD officials, the Madden-Julian Oscillations (MJO) has become favourable for the monsoon and will result in good rainfall from mid-July. This will benefit kharif crops, which have been sown early due to timely monsoon. D Shivanand Pai, head of IMD's long-range forecasting division, said, "The Madden-Julian Oscillation...
More »SEARCH RESULT
Lawyer challenges Food Security Ordinance in Supreme Court Reported -A Vaidyanathan and Mala Das
-NDTV A lawyer has challenged the contentious Food Security Ordinance in the Supreme Court, terming it as "illegal". The Centre's ambitious welfare programme is now a law after receiving President Pranab Mukherjee's assent on Friday; the scheme provides subsidised food to nearly 800 million or 67 per cent of the population and is being viewed as a major vote-getter in the national elections, due by May. Advocate ML Sharma today filed a...
More »Food price rise pushes demand for pre-cooked, ready-to-eat food items-Mahesh Kulkarni
-The Business Standard Fear of bad monsoon has suddenly hiked vegetable and fruit prices by about 300% from the farm to your dining table Bangalore: Steep rise in prices of fruits and vegetables has resulted in over 55% of middle and low-income group families opting for pre-cooked and ready-to-eat food items to keep the kitchen budget intact, according to a survey. "The fear of bad monsoon has suddenly hiked the vegetables...
More »Food Security Bill to partly hurt ongoing recovery; 1QFY14 earnings in focus
-The Economic Times MUMBAI: The Union Cabinet this week passed an ordinance to implement the National Food Security Bill (NFSB). The bill guarantees legal entitlement of food grains at a subsidised price to ~67 per cent of India's population. The ordinance will come into effect immediately once it is signed by the President. But it also needs to be approved by both the houses of Parliament in the monsoon session within six...
More »Food for politics
-The Hindu The government has come good on its promise to put in place a food security architecture but the manner in which it has pushed through the historic measure, which gives roughly 67 per cent of the population a legal right over cheap food grains, suggests it was done with an eye on the 2014 general election. The ordinance route is an extraordinary move, considered legitimate only in situations of...
More »