-The Hindu Business Line Earlier this month, the World Bank decided to raise its global poverty line from $1.25 per day (in Purchasing Power Parity or PPP terms) to $1.90. A monumental change in global poverty took place earlier this month, but don’t be surprised if the world doesn’t look very different to you. Earlier this month, the World Bank decided to raise its global poverty line from $1.25 per day (in Purchasing...
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US plan to mandate FDA audit of farm imports irks India -Amiti Sen
-The Hindu Business Line New Delhi: India has raised serious concerns over a proposed US legislation that will require agriculture imports to be mandatorily inspected and audited by the US Food and Drug Administration (USFDA). New Delhi fears that once the law is implemented — in about a year from now — it will raise costs for Indian exporters sharply, making exports unfeasible in many cases. Commerce Minister Nirmala Sitharaman is expected to...
More »Peace or not, India & Pak first need to unite to save Basmati -Vishwa Mohan
-The Times of India NEW DELHI: It will be a 'do or die' situation for India's Basmati, which occupies pride of place in the country's agricultural trade, when the Chennai-based Intellectual Property Appellate Board (IPAB) next week takes a call on granting 'GI' (geographical indicator) tag to the world famous long grain aromatic variety of rice. Chances of it getting the tag depends on whether India joins hands with Pakistan to...
More »States start selling pulses at lower rates through their outlets
-Business Standard The Centre had asked state governments to meet millers, retailers and wholesalers to make pulses available at reasonable prices Heeding the advice of the Centre, some state governments have started selling tur dal at lower rates of Rs 120-140 a kg through their own retail outlets. Andhra Pradesh and Telangana are distributing a kg of tur dal at a highly subsidised rate of Rs 50 through ration shops, while Tamil Nadu...
More »Incentivize pulses production to check spiralling prices
The low rate of inflation of 3.88 percent in Consumer Food Price Index during September, 2015 actually hides the high prices at which various pulses (dal) are available in kirana / retail shops across India. In terms of Consumer Price Index (combined), monthly rate of inflation in pulses and products during September 2015 (over September last year) stood at 29.76 percent as compared to the overall monthly retail inflation of...
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