-PTI Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday. "The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead," the central bank said in its monetary policy document. Inflation, excluding food...
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India hopes to convince WTO by Sept on food security issue
-PTI New Delhi: After the recent failure of WTO talks, India on Wednesday hoped that by September it will convince the multi-lateral trading body about the need for developing nations to give subsidies on food stocks so that it is relieved of the "draconian sword". Commerce Minister Nirmala Sitaraman told Rajya Sabha that the tough position adopted by India and the recent talks in Geneva had been supported by many least developed...
More »Food for thought: No roadmap for cold chains in this budget -Kunal Bose
-The Hindustan Times Wastage of all kinds of food during farm-to-fork journey and also because of mindless indulgences by people with dispensable income whenever they visit supermarkets remains a global curse. It is known that over one-third of India's fruit and vegetables valued at over Rs. 13,000 crore is wasted annually in the absence of adequate refrigerated storage infrastructure and logistics deficiencies. The other villain is the anachronistic distribution system, favouring middlemen...
More »Small beginning in the right direction -Prof. MS Swaminathan
-The Hindu Overall, the Budget places considerable emphasis on agricultural renewal and agrarian prosperity. Obviously, the allocations are small but a beginning has been made to look at the problems in farming in a more holistic manner. The Union Budget is a resource allocation exercise. The priorities in the allocation were indicated in the address of the President to Parliament on June 9. While the President's address provides a framework for political...
More »The world of Green NGOs is as complex as the corporate one -Nitin Sethi
-The Business Standard Foreign direct investment in the NGO sector is, in fact, no different from the cross-holdings and the FDI web of the corporate world ClimateWorks, one of the two international non-governmental organisations (NGOs) recently restricted by the National Democratic Alliance government from funding Greenpeace India Society in India, also funds another NGO, Global International, which, till recently, was headed in India by Union Environment and Forests minister Prakash Javadekar. When...
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