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Centre imposes stock limits on edible oils to soften the prices of edible oils in the domestic market

-Press Information Bureau/ Ministry of Consumer Affairs, Food & Public Distribution The Department of Food and Public Distribution in a landmark decision has imposed stock limits on Edible Oils and Oilseeds for a period upto 31st March, 2022. The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2021 has been issued with immediate effect i.e. from 8th September, 2021.Future trading on Mustard Oil and Oilseeds was...

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All that ails pulses in India - Vivek Mishra, Shagun Kapil and Raju Sajwan

-Down to Earth  The past three decades have seen stagnation in acreage, production and productivity of pulses across the country due to a bevy of reasons that include availability of more profitable crops The primary reason behind India’s domestic shortage in pulses is stagnation of production over the past five decades. Overcoming the Pulses Crisis, a 2010 report by the Confederation of Indian Industry, states the production of pulses grew only by...

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Retail edible oil prices to start softening from Dec: Food Secretary Sudhanshu Pandey

-PTI/ BusinessToday.in Retail prices of edible oils in India, which imports 60 per cent of its requirement, have shot up to 64 per cent in the past just one year, in line with the global developments Retail edible oil prices in the country will start softening from December with arrival of new crops and a possible decline in global rates, Food Secretary Sudhanshu Pandey said on Friday. Retail prices of edible oils...

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Potato imports from Bhutan allowed again -Vikas Dhoot

-The Hindu Retail inflation in potatoes surged from 6.8% in April this year to 11.1% in May, SBI had noted With retail potato prices rising sharply over April and May, the government has decided to permit the import of Potatoes from Bhutan without any license up to June 30, 2022, as per a notification issued late on Monday by the Commerce and Industry Ministry. Last October, as potato prices crossed ₹40 per kilogram...

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Modi Govt’s Policy to Reduce Oil Imports: Subsidise the Rich, Burden the Poor! -Ayaskant Das

-Newsclick.in Rice meant for the poor will be sold at subsidised rates to privately-owned ethanol distilleries. The industries will be given cheap loans and exempted from Environmental Clearances. Is the Modi government subsidising the rich at the cost of the poor by diverting foodgrains meant for the most impoverished sections of the population to private industries for producing alcohol for India’s ethanol blended petrol programme? There’s more: For manufacturing ethanol, foodgrains will not...

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