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October CPI inflation dips to 5.52%, touches historic low

-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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Now high, now low of onion market in Karnataka -Girish Pattanashetti

-The Hindu Cabinet announces relief, rules out MSP HUBBALLI (Karnataka): The State Cabinet on Wednesday ruled out the possibility of a minimum support price (MSP) for onion while announcing a compensation of Rs. 9,000 a hectare for crops damaged due to rains in Chitradurga, Davangere, Gadag, Dharwad and Bellary districts. This has come on the heels of growers protesting crashing prices of their produce. A macro view of market scenario shows that fluctuations...

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Eleven new varieties of paddy being researched in Margao -Govind Kamat Maad

-The Times of India Margao: Perhaps for the first time since it was established in 2006, the Krishi Vigyan Kendra (KVK) of the Indian Council of Agricultural Research (ICAR) in Margao, has undertaken demonstration of newer varieties of paddy in its farm on a large scale, thereby signifying its shift from its earlier role of sustaining and supporting agriculture in the state to research and innovation. In all, 11 new varieties of...

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Air pollution damages crops more than climate change -Snigdha Das

-Down to Earth Study finds that black carbon and ozone pollution in India has significantly cut wheat and rice yield The levels of smog and air pollution in India have become so severe that crop yields are taking a hit. Scientists recently analysed yields for wheat and rice alongside pollution data, and concluded that the crop yields have significantly reduced. They have attributed the decrease in yield to two air pollutants-black carbon...

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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...

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