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Rice market set for a bull run -Subramani RA Mancombu

-The Hindu Business Line World over rice production is likely to fall due to a combination of drought and floods Three developments over the past couple of months have put the global rice market in focus. First, the India curbed rice exports by banning shipments of fully broken rice and imposing a 20 per cent duty on white rice exports. Second, Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar told the...

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India’s Foreign Trade during the Ukraine War -CP Chandrasekhar and Jayati Ghosh

-Networkideas.org The Russian invasion of Ukraine and the subsequent war sparked rapid and dramatic increases in some global trade prices, particularly for fuel products, wheat and fertilizer for which Russia and Ukraine are major exporters. It is now clear that these price changes were not due to actual changes in total supply, which remained largely unchanged (although source locations and trade routes shifted). Instead, market expectations amplified by media hype, financial...

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Wheat Prices Zoom, Ration Offtake Falls -Subodh Varma

-Newsclick.in The government appears to be blithely indifferent to the devastation caused by its food grain mismanagement. The latest available data shows that the allocation of wheat for Distribution through the Public Distribution System (PDS)— the ration system as it is known—has fallen dramatically this year. This has naturally led to a drop in offtake, that is, the Distribution to needy families. Till October 2022, 115 lakh tonnes of wheat was allocated from...

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Expand the food safety net without any more delay -Reetika Khera

-The Hindu Expanding PDS coverage to account for the increase in population since 2011 is a no-brainer; the Government’s resistance to implementing a Supreme Court of India direction is baffling The National Food Security Act (NFSA), 2013, through the Public Distribution System (PDS), provides a crucial safety net for roughly 800 million people. Even critics of the PDS appreciated its services during the COVID-19 lockdown. The humanitarian crisis resulting from the COVID-19 lockdown,...

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Open Field Tests of GM Mustard Need to be Conducted with Utmost Precaution: AIPSN

-The Hindu “It would have been better if seed production trials take place in a controlled rather than in an open environment so as to assess various risks before conducting open field trials,” read a statement by the AIPSN. Following the go-ahead for production and field testing of hybrid seeds of genetically modified (GM) mustard, All-India Peoples Science Network (AIPSN) has demanded that the open field tests, if any, be conducted with...

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