Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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Why India doesn’t need palm oil but its greener alternatives -Bhavani RV and RS Vaidyanathan
-Down to Earth blog Palm oil is water-intensive and requires large patches of land India is the second-largest consumer of edible oil globally and its largest importer. While the government has taken several initiatives over the years to increase the domestic production of edible oils, its shortage and high price are often in the news. Palm oil production grew between 2015-2016 and 2020-2021 at a compound annual growth rate of 6.1 per cent,...
More »First wheat, now rice — hit by bad weather, output could fall by ‘10 mn tonnes’ this season -Sayantan Bera
-ThePrint.in A hit to India’s rice output could lead to a major policy overhaul as it arrives on the back of a lower wheat harvest. New Delhi: After a severe heat wave in April-May singed India’s wheat crop, leading to a ban on exports, planting of rice, the main rain-fed crop in the ongoing kharif season, has been hit due to patchy rains in several states. Major rice-growing states such as Uttar Pradesh,...
More »With fish in shallow waters disappearing, fisherfolk in Kerala staring at penury -Navamy Sudhish
-The Hindu Navamy Sudhish reports on the disastrous impact of extreme climate events, rising fuel prices, destructive fishing practices, and overexploitation on livelihoods and biodiversity As dawn breaks, Vitalis slowly glides into undulating waves below an azure sky. With a sparse crew of six, she bobs towards the fishing ground some 10 nautical miles off the shore. The boat returns after five hours, its hold nearly empty. A pall of gloom settles...
More »Why oilseeds production in India has remained stagnant
-The Hindu Business Line Stagnation in the area under cultivation and marginal growth in yields have capped domestic output growth, says a report Mangaluru: Even while the import-dependent edible oils market in India has been affected by geopolitical factors, the domestic production of oilseeds remains below the global average. The compounded annual growth rate (CAGR) of oilseeds production in India has remained at 1.94 per cent between 2011-12 and 2020-21, as against global...
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