Amipur may be a small dot along the national highway from Patna to Nawada, but its ambitions are big. In the 50-odd households in the village, sparsely populated and rife with an uneasy quiet, most men have left for work outside Bihar. Siyaram Chauhan is the one who returned. He was rescued last month by the state government officials from a brick kiln in Uttar Pradesh’s Bahraich where he worked as...
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Sugar millers cancel import contracts by Rajendra Jadhav & Swati Pandey
Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters. The contracts had been signed late last year and early this year when domestic sugar prices rose to a record and the production outlook was lower. Since then the price has fallen by a third and the...
More »EGoM on Food Security awaits NAC’s views by Ravish Tiwari
The Empowered Group of Ministers (EGoM) on Food Security will have to wait for formal views from the National Advisory Council (NAC) before its next move on the government’s promise to legislate a National Food Security Act. The EGoM, which is scheduled to meet Friday, chaired by Finance Minister Pranab Mukherjee, did not list the Bill on its agenda for the meeting. While officials claimed that this was because Deputy...
More »Maharashtra sugar mill owners lobby for political intervention on cane prices by Dilip Kumar Jha
The Maharashtra government may intervene to make farmers accept a lower price for sugarcane supplied to mills, given the way these have gone out of line with current market prices. Chief Minister Ashok Chavan has convened a meeting on Thursday with mill representatives on the issue. With the current cane prices of Rs 240-250 a quintal delivery at the mill gate, the cost of sugar production comes to around Rs 2,700...
More »Sugar supplies in the bag as panic ends by Robert Plummer
Not so long ago, the prospect of a global sugar shortage gave food manufacturers a panic attack. Poor weather conditions hitting crops in the world's two biggest sugar-producing nations, Brazil and India, sent the price of the sweet stuff soaring on international markets. In August last year, US firms such as Kraft Food, General Mills and chocolate-maker Hershey were so worried that they wrote a joint letter to the country's...
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