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Food inflation creeps up to 11.49%, PM readies plan

Food inflation moved up to 11.49 per cent for the week ended February 12 as compared with 11.05 per cent for the previous week even as prices of certain items fell marginally. Despite the increase, Prime Minister Manmohan Singh today said while inflation has been a concern for the last 18 months, it will come down to 7 per cent by the end of the current fiscal. According to the Wholesale...

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Thousands protest against high food prices in Delhi

Thousands of people have gathered in the Indian capital, Delhi, to take part in a rally to protest against rising food prices and unemployment. A steady stream of protesters, carrying red flags, has been marching through the streets of central Delhi since early morning. The rally has led to massive traffic jams in the city. Trade unions who have called the rally say nearly 40,000 people will attend a meeting at the Ramlila...

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Govt mulls law to curb food wastage at weddings

Terming the food wastage at weddings and social gatherings as “criminal”, Food and Consumer Affairs Minister K V Thomas today said the government could bring a new law in this regard and also launch an awareness campaign to curb this. The minister said although the government has not conducted any study to determine the level of wastage of food at such functions like marriage events, there are reports that wastage is...

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UN food experts call for increased agricultural investment to offset soaring prices

Faced with soaring food prices for the second time in three years, senior United Nations experts today called for greater investment in agriculture from both the public and private sectors to increase smallholder productivity.   “Policy-related solutions are also required to increase the longer-term resilience of global agriculture to allow greater levels of supply to markets as demand grows,” UN Food and Agriculture Organization (FAO) Senior Economist Jamie Morrison told a meeting...

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Centre consulting states on Food Bill: Patil

President Pratiba Patil today said the Centre is consulting state governments on the proposed National Food Security Act (NFSA), which will give the poor a legal entitlement to subsidised foodgrains. “The states are being consulted as the success of the programme (NFSA) hinges critically on their commitment to reforms in the public distribution system (PDS),” Ms. Patil said in her address to Parliament to mark the beginning of the Budget Session. The...

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