-The Tribune Disruption in supplies due to Ukraine crisis may create food shortage, price distortions The war in Ukraine has become a war on the world’s poor. Russia and Ukraine, together, accounted for a quarter of the world’s wheat exports, one-sixth of global corn exports, nearly a third of barley and three-fourths of the export of sunflower oil. American sanctions on Russia mean it cannot sell its extra wheat in the global...
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May heat in March shrivels wheat: Centre to revise procurement norms -Shagun
-Down to Earth The Punjab government April 12 appealed to the central government to allow relaxation in the norms of shrivelled grains without any value cut, since the farmer had already been penalised on account of lower yield The Punjab government said April 13, 2022 that the Centre has agreed to revise its wheat procurement norms for shrivelled grains, a day after Punjab Chief Minister Bhagwant Mann urged it do to so. Record-breaking...
More »Retail Inflation Shot Up to 6.95% in March: Government
-TheWire.in It is for the third straight month that the retail inflation remained above the Reserve Bank of India's comfort zone. New Delhi: Consumer price-based inflation jumped to 6.95% in March, mainly on account of costlier food items, according to government data released on Tuesday. The Consumer Price Index (CPI) based inflation was 6.07% in February. The inflation in the food basket was 7.68% in March, up from 5.85% in the preceding month. It is...
More »Central team finds excess stock of soyabean, mustard in 3 districts of MP -Prabhudatta Mishra
-The Hindu Business Line Seeks taking necessary action as very large hoardings had taken place The Centre has asked Madhya Pradesh government to “step in to take necessary action” under the Essential Commodities Act after its team found “very large hoardings” of soyabean and mustard seeds in Dewas, Shajapur and Guna districts in excess of the stock limit prescribed under the law. Stressing the need for effective enforcement of the EC Act by...
More »As fuel rates soar, fish prices jump in Kolkata -Rittick Mondal
-IndiaToday.in The prices of fish in Kolkata have increased due to the hike in fuel rates Kolkata: With the rise in the rates of fuel across the country, fish prices too increased in Kolkata. The prices of fruit, vegetables and meat have been increasing. Households in the city are being forced to cut down the food budget as the prices of food essentials have jumped in the market, including the rates of fish. Fish...
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