-The Indian Express Despite the scare scenario painted for production trends for key vegetables, it turns out that there is no dip in availability. This includes onion, whose prices have flared in the past few weeks. Data from the past two years compared with that for the current year indicates that the problem for the four vegetables that have a pan-India presence - onion, tomato, brinjal, potato - is because of logistics...
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July inflation accelerates to 5.79%: Government
-PTI NEW DELHI: Rising prices of onions and other vegetables pushed inflation to a five-month high of 5.79 per cent in July even as the government and RBI battled to stabilise the rupee. Inflation based on the Wholesale Price Index (WPI) was at 4.86 per cent in June. In July 2012, it was 7.52 per cent. The July number is above the Reserve Bank's comfort level of 4-5 per cent inflation. This is...
More »GET READY FOR HIGHER FOOD PRICES
The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...
More »Thousands demand BRAI bill be withdrawn, India be GMO free
-Deccan Chronicle New Delhi: On the eve of Quit India Day, August 8, over 2,000 citizens from 20 states came together at Jantar Mantar, New Delhi for a day-long protest and march demanding that GMOs (Genetically Modified Organisms) and multinational seed giant, Monsanto quit India. The delegation marched to Parliament also asking the government to withdraw the BRAI (Biotechnology Regulatory Authority of India) bill 2013. An Indian flag made out of organic...
More »All-Party Meet to Discuss RTI Act, SC Order on MPs, MLAs
-Outlook New Delhi: With political parties agitated over plans to bring them under the ambit of RTI Act and the recent Supreme Court judgement on disqualification of lawmakers, government has called an all-party meeting tomorrow to firm up a view on the contentious issues. The meeting convened by Parliamentary Affairs Minister Kamal Nath is also to facilitate early passage of the Food Security Bill. The Bill is currently under consideration of the Lok...
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