-The Hindu Policymakers can ill-afford to drop their guard in the fight against inflation October’s inflation data point to a welcome softening in price gains that should offer some succour to monetary policy authorities, who have been battling to rein in runaway inflation since the beginning of this year. Retail inflation, or price gains based on the Consumer Price Index, slowed to 6.77% last month, from September’s 7.41%, aided by an appreciable...

-Hindustan Times The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based subsidy (NBS) scheme New Delhi: The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved an additional ₹51,875 crore subsidy for phosphatic and potassic (P&K) fertilisers for the rabi or winter-sown season, amid high global prices. The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based...

-Deccan Herald India scored 29.1 in the 2022 GHI; the index categorises scores between 20 and 34.9 as denoting a 'serious' level of hunger There is something familiarly disquieting about the manner in which the Union Government has discounted India’s low ranking in the Global Hunger Index (GHI), released earlier this month. The Ministry of Women and Child Development, in an official response, said that the methodology used in the peer-reviewed report,...

-Business Standard Currency depreciation in developing countries could deepen food and energy inflation: Commodity Markets Outlook report Global energy prices will ease in the next couple of years but "remain considerably" higher than the historic average, said a report on Wednesday. In many economies, prices in domestic-currency terms remain elevated because of depreciation and this could deepen food and energy crises. "As the global growth slowdown intensifies, commodity prices are expected to ease in...

-The Tribune The next food system transformation has to be based on diversity and building on food sovereignty. The future global food system has to be back in the hands of 3.6 billion peasants, small farmers, pastoralists and fishermen where biodiversity protection, income security and climate justice go hand in hand. SOME years back, a study by the University of Sussex (UK) showed a dramatic decline in insect population within a nature...