-Down to Earth The past three decades have seen stagnation in acreage, production and productivity of pulses across the country due to a bevy of reasons that include availability of more profitable crops The primary reason behind India’s domestic shortage in pulses is stagnation of production over the past five decades. Overcoming the Pulses Crisis, a 2010 report by the Confederation of Indian Industry, states the production of pulses grew only by...
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Rising crude Oil prices further burdens Indian consumers -Vignesh Radhakrishnan, Sumant Sen and Jasmin Nihalani
-The Hindu The Centre has raked in nearly Rs.16 lakh crore through excise duty on petroleum products between FY15 and FY21 In India, crude Oil prices have risen to a near three-year high. Subsequently, the retail prices of petrol and diesel, which were already high due to heavy tax rates, became higher in India. Notably, in recent times, whenever crude prices have been on the rise, the burden has been passed on...
More »Oil Ministry mulls reinstating subsidised LPG prices, survey in progress -Twesh Mishra
-Business Standard Centre assessing appropriate price at which subsidy should resume The Ministry of Petroleum and Natural Gas is evaluating a threshold at which the subsidy on Liquefied Petroleum Gas (LPG or cooking gas) will be reinstated. According to a senior government official in the know, a survey is currently being conducted to determine the price at which maximum consumers will keep buying domestic cylinders. One of the options also being considered...
More »Mizoram shows why centre’s palm-Oil plans will be disastrous for farmers, environment -Kimi Colney
-CaravanMagazine.in On 15 August 2021, marking India’s 75th Independence Day, Prime Minister Narendra Modi addressed a crowd-packed Red Fort. “Just as we are making sure that no person or no class should be left behind in the development journey of society, similarly no part of the country, no corner of the country, should be left behind,” he told the crowd. “Development should be all-round, development should be all-pervasive, development should be...
More »Some festive cheer on edible Oils front as prices dip, mustard Oil is the only exception -Samyak Pandey
-ThePrint.in As many as 4 import duty cuts were effected with respect to three edible Oils between June and September, following a sharp rise in prices over the preceding months. New Delhi: The price of most edible Oils has decreased by up to 7 per cent over the past two weeks on the back of a series of import duty cuts, bucking the usual festive-period trend of cost spurts. Approximately 60 per cent...
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