Hit by soaring food inflation, the government moved into urgent damage control mode on Wednesday, with Prime Minister Manmohan Singh stepping into the frame and deciding to meet chief ministers to urge stronger anti-hoarding measures and improved lifting and distribution of foodgrains. The Centre plans to quickly release 2-3 million tonnes of wheat and rice in the retail market, using its own agencies like NAFED and NCCF besides PDS outlets....
More »SEARCH RESULT
Sugar nears Rs 50 a kilo, govt helpless
Packaged sugar now costs Rs 46 a kilogram in the retail market and there are no signs of prices levelling off. With loose sugar also costing Rs 43-44 a kg, the poly-packed product is inexorably moving towards the Rs 50 a kg mark, with the government appearing helpless in containing the spiralling prices. The steady rise in sugar prices since the second half of last year is a consequence of...
More »Reform markets to tame food prices by Ashok Gulati and Kavery Ganguly
The food price inflation in India, measured by the wholesale price index of food items, touched a 10-year high for the week ended November 28, 2009 when it crossed 19% on point-to-point basis over the corresponding week a year ago. The cereal prices were up by about 13%, but pulses are up by 42%, and vegetables by 31%, although potato prices shot up by 102%. This is getting way beyond...
More »Food for thought at Copenhagen by Jay Naidoo
Good nutrition is the nexus point where food security, public health and environmental protection meet. As world leaders in Copenhagen struggle for an ambitious deal, let us not forget that it is the future of our children that is at stake. Hurricanes, floods, heat-waves and droughts wreak havoc when they strike, but in the desolation they leave behind it’s relatively easy to reconstruct a road or a house. A human...
More »Your meal is getting costlier
A simple vegetarian fare of dal, rice, vegetables and chapattis is costing you more every month. Prices of vegetables have almost doubled in the last two months while pulses and foodgrain are costing 25 per cent more. Lady's finger that was available for Rs 28 a kg a fortnight ago now costs Rs 40 a kg. Capsicum is up to Rs 70 a kg from Rs 40 a kg while prices of...
More »