-Business Standard Overall food inflation measured on CPI came down to 5.59% in Oct as against 7.67% in the previous month The Consumer Price Index (CPI) based inflation rose to 5.52% in October compared to the same period last year, its lowest rate since the government started releasing the data in February 2012. For September, CPI inflation was 6.46%, making October's numbers the third consecutive month that retail inflation has eased. According to...
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Your food is not cheaper yet, but wait a while -Harish Damodaran
-The Indian Express * Have global agri-commodity prices fallen? By how much? They have. The Food and Agricultural Organisation's latest Food Price Index (base: 2002-04 = 100) of 192.3 for October is down 6.9 per cent compared to a year ago, and 19.1% below the all-time high of 237.7 reached in February 2011. Prices of commodities such as corn, wheat, soybean, sugar and palm oil traded in international futures exchanges are today...
More »Andhra govt offers 75% subsidy for greenhouse farming
-The Times of India HYDERABAD: The city may not have to depend on neighbouring states for supply of vegetables much longer as the Telangana government has announced 75% subsidy for greenhouse farming in 1,000 acres around Hyderabad. In greenhouse farming, temperature is regulated in a way that it suits the crop being cultivated. "Vegetables that cannot be cultivated in a particular season can be cultivated any time of the year with greenhouse...
More »Steady rise in fruits and veggies production
Despite high prices of fruits and vegetables, India's area under horticultural crops - mainly fruits, vegetables, spices and flowers - has doubled in around twenty years (between 1991-92 and 2012-13). This has resulted in increase in production of horticultural crops nearly threefold (2.8 times). A new report from the Ministry of Agriculture says that the area under horticultural crops during this period rose from 12.77 million hectares to 23.69 million...
More »Potato farming: India makes a hash of it -Sandip Sen
-The Hindu Business Line Output data is unreliable, which leaves us unprepared for shortages. And, farming practices are primitive The price of potatoes is once again moving up, largely due to the demand-supply gap in the market-place. The National Agricultural Cooperative Marketing Federation of India (Nafed) that was asked by the Ministry of Civil Supplies to explore the possibility of importing potatoes from Russia, China and Egypt, procured 3,500 tonnes of potatoes...
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