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Potatoes hot property in Lahaul Valley's cold deserts

-IANS   With harsh wintry conditions sapping the juice out of Himachal Pradesh's Fruit production this season, potatoes in the picturesque Lahaul Valley have been among the few crops that have seen an increase in production. "This year Lahaul's seed potato varieties have a bumper crop after two consecutive crop failures. The weather remained congenial throughout the season," Amar Chand Dogra, managing director of the Lahaul Seed Potato Growers Cooperative Marketing Ltd, told...

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Food inflation in double digits after six weeks

-The Business Standard   After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping...

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India needs to curb food wastage to tackle inflation: World Bank

-The Hindu Business Line   Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...

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World leaders must take binding steps to curb unhealthy food industry–UN expert

-The United Nations   A United Nations human rights expert today called for taxing unhealthy food, regulating harmful marketing practices and standing up to the food industry, urging world leaders not to miss the chance at a summit next week to end a state of affairs that kills nearly 3 million adults each year. “Voluntary guidelines are not enough. World leaders must not bow to industry pressure,” Special Rapporteur on the Right to...

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Address supply side on food: World Bank

-The Business Standard   Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...

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