The Food and Agriculture Organisation has raised the red flag over a potential spike in global prices of sugar and cereals, especially wheat. Although India might just get away thanks to a bumper output this year, it could get caught in the spiralling milk and edible oil prices. In any case, the government has virtually thrown its hands in the air on taming fruit and vegetable prices. But it isn't just...
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MNC in secret pact with universities for food education by Rema Nagarajan
Four public-funded national universities have entered into a "confidential" pact with Nestle, one of the biggest baby food and commercial food companies, for nutrition awareness programmes for adolescent school-going girls in government-run village schools. Breastfeeding Promotion Network of India (BPNI) has written a letter to the secretary for school education and literacy, Anshu Vaish, protesting against "brand promotion using the public education system" and saying that the MoU (memorandum of understanding)...
More »High global food prices but local solutions? by CRL Narasimhan
The problem is all pervasive as the prices of almost all food items have been rising In a scenario that is all familiar in India and for that matter in many other countries too, rising food prices have become an extremely sensitive issue with major political and social ramifications that go well beyond the economic ones. Not that the economic consequences are unimportant. From the macroeconomic management point of view, rising food...
More »High agri commodity prices a concern: FAO by Ajay Modi
Managing high agriculture commodity prices is becoming a concern for policy makers in India as well as globally. While Food and Agricultural Organisation (FAO) has already warned of a ‘food price shock’, concerns are raised that this situation could worsen as various exporting countries could consider restrictions which will further create supply bottlenecks. As global food prices hit a record high, India just trails behind with food inflation touching a 23-week...
More »Food inflation soars to 18.32%
Wholesale food inflation saw a sharp increase to 18.32 per cent for the week ended December 25, primarily due to a steep rise in onion prices. The inflation rate is a 23-week high, much above the expectations of analysts and policymakers. Food inflation, as measured by the wholesale price index (WPI), was at 14.44 per cent for the previous week ended December 18 and at 19.9 per cent in the corresponding...
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