Food inflation fell to 8.53 per cent for the week ended April 23 on the back of fall in prices of pulses, reversing the upward trend seen in the previous fortnight. Food inflation in the previous week was 8.76 per cent. The latest numbers are likely to come as a relief to the government and the RBI, especially at a time when the central bank's monetary policy for the fiscal, released...
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Food Price Hike Worsens Poverty in Asia by Marwaan Macan-Markar
An annual meeting of Asian finance ministers and central bank governors in Hanoi is set to address the fate of 64 million people in the region on the brink of extreme poverty. They are the worst affected by soaring food prices, which have hit record highs in the first two months of this year. "The issue of food price inflation and food security will indeed be one of the key topics...
More »Pesticide will go-eventually by Raja Murthy
The lush green Indian state of Kerala, advertised in travel brochures as "God’s Own Country", is at the center of a continuing battle in the country to secure an early ban on the use of the pesticide endosulfan. The Kerala government and activists say the pesticide has caused 4,000 victims in the state, through cancer, crippled limbs and babies born with deformities; 496 related deaths have been officially recorded. No scientist,...
More »EGoM to decide on grain export, food bill on Monday by Sanjeeb Mukherjee
The empowered group of ministers (EGoM) expected to meet on Monday is expected to take a view on an agriculture ministry proposal to export wheat and rice. The proposal is not backed by the food ministry, which wants to take into consideration the interest of consumers, and its own compulsions under the proposed food security bill, before moving on exports under an open general licence. Officials said the food ministry is...
More »Food inflation up at 8.74%; fruits, meat costlier
India's food inflation nudged up after three successive weeks of decline to 8.74 per cent for the week ended April 9 compared to 8.28 per cent recorded in the previous week as fruits, meat and poultry products became costlier, official data showed on Thursday. Limited data on the wholesale price index released by the commerce and industry ministry also showed a rise in the index for primary articles, from 11.4 per...
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