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Indonesia ban on palm oil exports starting April 28 RATtles Indian markets -Sanjeeb Mukherjee

-Business Standard/ Agencies The country meets almost 45% of India's annual palm oil demand; media reports say ban put in place to check soaring domestic prices of the commodity In what could have a devastating impact on edible oil prices and supplies in India, Indonesia, which is the world’s largest producer of palm oil and meets nearly 45 per cent of the total palm oil supplied into India annually, has decided to...

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Andhra govt to introduce cash transfer scheme as alternate to PDS rice supply -Srinivasa Rao Apparasu

-Hindustan Times As per this system, the Andhra government would pay the cash amount to the people in place of their RATion quota of rice supplied through fair price shops under the public distribution system. Hyderabad: The YS Jagan Mohan Reddy government in Andhra Pradesh has come out with a direct cash transfer scheme for the consumers who do not want to take rice under the public distribution system from fair price...

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As Covid Numbers Rise, Delhi Government Announces Free Booster Doses -Anindita Sanyal

-NDTV.com Delhi logged 965 fresh Covid cases over a 24-hour period on Thursday -- a positivity RATe of 4.71 per cent -- while one person died due to the infection, according to data from the health department. New Delhi: The precautionary vaccine dose for Covid will be available free for the 18-59 age group in all hospitals run by the Delhi government. The Arvind Kejriwal government's order -- expected for a while...

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Fertilizer subsidy bill set to touch record ₹1.65 trillion in FY23: Report -Gireesh Chandra Prasad

-Livemint.com A revision in nutrient-based subsidy RATes is crucial to sustain credit profiles of fertiliser makers, Crisil said New Delhi: The central government’s fertilizer subsidy outgo could touch an all-time high of ₹1.65 trillion in FY23, against the budgeted ₹1.05 trillion, due to an unprecedented rise in the cost of raw materials and prices of fertilizers globally, RATing agency Crisil said on Thursday. A revision in nutrient-based subsidy RATes is crucial to sustain...

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In Wake of Ukraine War, India Set to See Rising Food Grain Prices -Siraj Hussain and Shweta Saini

-TheWire.in The wholesale price inflation for wheat in March was 14%. The retail prices will, therefore, reflect the same once the peak arrival season is over, in June 2022. Even the critics of India’s public distribution system (PDS) acknowledge that it worked well during the Covid-19 pandemic. Additional allocations of free food grains at 5 kg per person per month, under Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), helped prevent mass hunger...

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