-Down to Earth Facilities of inter-state portability for food security and selecting a fair price ration shop of one’s choice has been availed by 58% migrant workers Every fifth family in India is still unaware about the benefits of the portability facility provided by the ‘One Nation, One Ration Card’ (ONORC) scheme, considered to be key to the success of the public distribution system (PDS). This is according to a recent study...

-The Telegraph Merchants fear the new decision may result in corruption Dhandbad: Food grain traders across the state are up in arms against the new Jharkhand State Agricultural Produce and Livestock Marketing Act 2022 implemented by government as per which a 2% Bazar fee is to be imposed on all transactions held in 'Agriculture Produce Market Committee' operated markets across the state. The protesting food grain traders have termed the decision of the...

-TheWire.in A foreign exchange crunch in Sri Lanka has led to a shortage of essential goods and power cuts that last up to 13 hours a day. New Delhi: Sri Lanka is grappling with the worst economic crisis in decades, which has spiked the prices of essential commodities like rice, milk powder, cooking gas and fuel. For instance, one kilogram of basmati rice currently costs between Rs 300-800 as compared to around Rs...

-TheWire.in According to a research note by SBI, for every one dollar of increase in the pooled gas rate, India’s fertiliser subsidy bill shoots up by Rs 4,000-5,000 crore. There is no such thing as a localised conflict in a globalised world. Sooner rather than later, fallouts from the Russia-Ukraine war will overwhelm the operations of developed and developing economies alike, leading up to the largest, and possibly, the worst food crisis...

-Livemint.com Painful food inflation has stoked political unrest in many countries before and could do so again In order to understand the political and economic repercussions of Russia’s attack on Ukraine, analysts and economists have been concentrating on the rise of crude oil and natural gas prices, among other things. This isn’t surprising given that Russia is the world’s second largest exporter of oil and the largest exporter of natural gas. But...