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Govt could impose stockholding limits on agri-commodities: Thomas

-The Hindu Business Line The Government may consider imposing stockholding limits on various agri-commodities to curb rising prices. It may also review the export policy on agri-commodities such as sugar and rice in August by which time there will be a clearer picture on the monsoons. “We are reviewing the price situation and are in constant touch with the State Governments. We will also examine the option of imposing stockholding limits on...

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Food safety mess-Avimuktesh Bhardwaj

-Down to Earth Traders say Food Safety and Standards Act rolls out red carpet for multinationals The Food Safety and Standards Act (FSSA) of 2006 has not gone down well with food business operators. They say sections of the Act dealing with licensing, registration, hygiene standards, penalty provisions and powers of food safety inspectors are “draconian”. FSSA, which came into force in August last year, replaces the Prevention of Food Adulteration Act (PFA)...

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Retail inflation inches up to 10.36% in May

-PTI Retail inflation moved up marginally to 10.36 per cent in May on account of increase in prices of vegetables, Edible Oils and milk. Based on the Consumer Price Index (CPI), the inflation for April was revised to 10.26 per cent from the provisional estimate of 10.32 per cent, according to the government data release here on Monday. Vegetable prices recorded the maximum spurt in prices, up 26.59 per cent, followed by edible...

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16-53% increase in kharif MSP by govt may stoke food inflation

-The Economic Times The government has increased the minimum support price (MSP) for the kharif season in a range of 16% to 53% to motivate farmers and compensate for higher input costs but the higher purchase prices could stoke food inflation further.  The Committee on Economic Affairs ( CCEA) on Thursday raised the MSP of paddy by Rs 170 per quintal and those of oilseeds like groundnut, sunflower seed and niger seed...

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A ban on the use of crops with transgenic traits is unscientific and India needs new technologies to raise farm yields-Deepak Pental

Science and technology hold the key to developing low-input, high-output agriculture. The challenge is to use new technologies creatively and to make evidence-based decisions on the deployment of new technologies. Crop breeding is carried out to meet two broad objectives: one, to increase yields of a crop per se and, two, to protect the yield potential by developing crops resistant to diseases, pests and environmental extremes.  Both yield-enhancement and yield-stabilisation are...

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