-Livemint.com Global cooking oil prices have surged this year following Russia's invasion of Ukraine, which hit shipments of sunflower oil from the region. The Black Sea accounts for 76% of world sunflower oil exports. NEW DELHI: Domestic edible oil prices, already high, are set for a surge as Indonesia, the world's largest producer of palm oil, will ban exports from 28 April. Indonesia, too, has been battling high edible oil prices amid domestic...
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1985 Supreme Court order on pavement dwellers could stall NDMC demolition drive -Krishnadas Rajagopal
-The Hindu Constitution bench had upheld the right to livelihood of those who ply their trade on the footpaths The North Delhi Municipal Corporation’s bulldozers’ show of strength against roadside stalls, and push carts in Delhi’s Jahangirpuri may face resistance from a Constitution Bench judgment of the Supreme Court which had upheld the right to livelihood of pavement dwellers who ply their trade on the footpaths out of sheer economic compulsions. Examining the...
More »Why wheat prices are skyrocketing despite bumper stocks -Shwweta Punj
-IndiaToday.in Rising international prices of wheat and fuel are pushing wheat prices up at home. There is also a demand for India to export wheat India’s CPI (Consumer Price Index) inflation rose to a 17-month high of 6.95 per cent in March 2022, exceeding the Reserve Bank of India’s inflation target for three consecutive months. The prices of wheat and wheat products in the country have gone up by 15-20 per cent...
More »What Ignites Hatred In The Belly? -Ashutosh Sharma
-OutlookIndia.com The new welfarism as part of the neoliberal reforms undertaken in early 1990s is yet to ensure that all citizens receive enough nutritious food In December last year, Anjali—a student of MNM Government Girls School at Gangavati in Karnataka’s Koppal district—vented out her anger against deprivation of basic nutritious food, a chronic problem that plagues more than a quarter of India’s total population. In a viral rant, she called the bluff...
More »Indonesia ban on palm oil exports starting April 28 rattles Indian markets -Sanjeeb Mukherjee
-Business Standard/ Agencies The country meets almost 45% of India's annual palm oil demand; media reports say ban put in place to check soaring domestic prices of the commodity In what could have a devastating impact on edible oil prices and supplies in India, Indonesia, which is the world’s largest producer of palm oil and meets nearly 45 per cent of the total palm oil supplied into India annually, has decided to...
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