-The Hindu The Centre’s taking up the burden for free food grain distribution in 2023 will provide relief to States The Government has decided not to extend the Pradhan Mantri Garib Kalyan Anna Yojana, (PMGKY), a scheme that ran between April 2020 to December 2022 (except for a short period in between), and provided additional allocation of food grains, i.e., rice or Wheat from the central pool at five kilograms a month...
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Govt to provide free ration to poor people for one year under National Food Security Act
-The Tribune The annual cost to the exchequer is estimated at Rs 2 lakh crore New Delhi: In a major decision, the union government has decided to provide free ration to 81.35 crore poor people under the National Food Security Act (NFSA) for one year. Minister of Consumers Affairs, Food and Public distribution Piyush Goyal said the beneficiaries, who were getting food grains at highly subsidised rates under the Act would get free...
More »Why was the ban on agri-commodities trading extended? -Subramani RA Mancombu
-The Hindu Business Line The extended ban has affected the turnover of commodity exchanges * What are the agri commodities in which futures trading has been banned by SEBI? SEBI has banned futures trading in seven agri commodities, including the derivatives of two produce. The banned commodities are non-basmati paddy, Wheat, chana (Bengal gram), mustard seed and its derivatives, soyabean and its derivatives, crude palm oil and moong (green gram). * Why were they...
More »Climate change induced extreme events are playing havoc with human lives & livelihoods, show latest available data
It is evident from various studies (please click here, here and here to access) that emission of Greenhouse Gases (GHGs) by the developed as well as the developing countries is responsible for climate change, thus causing extreme weather events to occur, with much more ferocity than in the past. The negative impact of climate change may or may not be felt in the geographical location where historically emission has taken...
More »India set to offer Wheat to flour millers, biscuit makers to tame prices -Mayank Bhardwaj and Rajendra Jadhav
-Reuters/ Livemint.com Wheat prices have surged in India this year after a sudden rise in temperatures hit crop yields and output India is set to offer 2 to 3 million tonnes of Wheat to bulk consumers such as flour millers and biscuit makers as part of efforts to cool record high prices, two government sources said, even as state reserves have dropped to the lowest in six years. Wheat prices have surged in...
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