Two Indian air force Antonov transport aircraft arrive at Imphal airport. They are among several emergency missions carrying desperately needed supplies of food and medicines. For the past five weeks, two key highways linking this remote state in north-east India to the rest of the country have been blocked by supporters of an influential separatist leader from neighbouring Nagaland. Thuingaleng Muivah, who heads the NSCN (IM), a Naga group that carried...

With the PDS carriage contractors threatening to quit service if their pending bills are not cleared by the FCI, Arunachal Pradesh is in the verge facing an acute food crisis, which is already in an alarming situation according to reports. However, efforts are on to mitigate the situation with the government, supported by its MPs, impressing upon the Center to do the needful immediately. Lok Sabha MP Takam Sanjoy, who called...

Bizarre are the ways of the government when it comes to managing, or mismanaging, the country’s food economy. On the one hand, it goes on mopping up bulk of the wheat and rice arriving in the mandis to build up its grain stocks, clearly to prevent foodgrain prices from falling below the minimum support price (MSP) level. On the other hand, it plans to offload 3 million tonnes of wheat...

Wheat prices started showing a downward movement today after an Empowered Group of Ministers (EGoM) headed by FM Pranab Mukherjee okayed the release of an additional 30 lakh tonnes of wheat and rice for the poor, over and above the current PDS allocation, for the next six months. The most-active wheat contract was reportedly trading around 0.60% lower at Rs 1,158.40/qtl on the back of fresh selling in anticipation of...

Food Inflation further eased to 16.04% for the week ended April 24, as arrival of rabi (winter) crops cooled down prices of essential items. Inflation fell over 0.57% from 16.61% in the previous week on account of a percentage point drop in prices of fish, fruits, wheat and vegetables over the week. However, tea prices rose 13% while maize, gram and eggs prices were up 1% each. Prices of cereals...