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Domestic Rice Prices "May Continue To Rise": Food Ministry

-PTI/ NDTV.com The ministry also said that the recent changes in India's rice export rules "have helped keep a check on domestic prices" without reducing the availability for exports. New Delhi: Domestic rice prices are showing an upward trend and it "may continue to increase" due to low kharif production forecast and 11 per cent jump in export of non-basmati rice, the food ministry said today. The statement was made in the fact...

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Monetary Policy Alone Inadequate To Tame Inflation -Dr. Amar Patnaik

-NDTV.com At a time when Consumer Price Index (CPI) inflation has remained above RBI's upper tolerance level of 6% for seven consecutive months and the WPI inflation rates are at the highest levels since January 2007, it is good that the issue was finally discussed in parliament and the RBI's recent rate hike signals recognition of the concern. However, during the debate in the parliament, the Treasury bench largely took a...

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India imposes export curbs on rice as domestic prices rise & paddy area shrinks -Sayantan Bera

-ThePrint.in Twenty per cent export tax on several varieties of rice. 'Circumstances exist which render it necessary to take immediate action', says revenue dept notification. New Delhi: India, the world’s largest exporter of rice, Thursday imposed a 20 per cent export tax on several varieties of rice in a bid to tame domestic prices. According to a notification issued by the department of revenue, all export of paddy (unmilled rice), brown rice and...

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How water shapes India and why we need a paradigm shift in managing our priceless liquid assets -Esha Zaveri

-Scroll.in The increasing variability of water can weigh heavily on communities and represents a significant risk facing Indian farms, firms, and families. Rain, rivers, coasts, and seas have shaped our societies from the earliest days. Tales from classical antiquity to the Abrahamic religions to ancient Mesopotamia speak of how water changed the course of history. In India, the “crucible of the monsoon,” the annual drama of the moisture-carrying winds that bring 80% of...

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Export curbs on wheat flour

-The Telegraph Decision to further restrict the export was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by PM Narendra Modi New Delhi: The Modi government on Thursday further restricted the export of wheat flour to curb rising prices as shipments have increased over 200 per cent during the April-July period compared with last year. The government in May had banned the export of wheat. The decision to...

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