-Down to Earth The Swiss multinational food and beverage multinational has admitted some of its products will never be healthy no matter how much it reformulates them “Good Food, Good Life” is the mission statement of one of the world’s leading nutrition, health and wellness multinational, Nestle SA. One can quickly catch words and phrases such as ‘healthy’, ‘healthier lives’, ‘healthier future’ while scrolling through its website, which does does lull a...
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The inadequate food safety net -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line/ NetworkIdeas.org With India experiencing a severe second wave of the Covid-19 pandemic, forcing decentralized lockdowns, a crisis of loss of jobs and livelihoods and resulting hunger is being reported from across the country. A reluctant central government has, therefore, been forced to revive the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), to distribute 5 kilograms of free foodgrain per person per month to the approximately 80 crore...
More »Why edible oil prices have surged to their highest in a decade -Devika Singh
-Moneycontrol.com Edible oils have risen as much as 62 percent in the last year as bad weather in major producing countries and increasing use of biofuels has hit supply, but experts say the market will stabilize in a few months Prices of edible oils such as mustard, vanaspati, soya, palm, sunflower, and groundnut are more than their highest in a decade. Prices have risen as much as 62 percent from last year, Food...
More »Why edible oil prices are ruling high despite good crop and muted demand -Tina Edwin
-MoneyControl.com India’s production of oilseeds is too little to provide for the domestic demand and therefore is dependent on imports. The average retail prices of edible oils rose to their highest in May with soyabean oil prices climbing to nearly Rs 150 for a kilo and sunflower oil to Rs 170. The prices of both edible oils have jumped around 50% from the levels prevailing when the country was under a national...
More »Brace up for recession -Aunindyo Chakravarty
-The Tribune Govt must prepare for worst-case scenario as things won’t be resolved on their own In February this year, a restaurateur friend turned optimistic. Business was back to 70 per cent of pre-Covid days and things could only get better. There could be no stronger signal that India’s economy had turned the corner. Experts had predicted that restaurants would be the last places to see a full recovery. They are closed...
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