-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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Retail inflation eased to 5.6% in July
-The Hindu Industrial output growth halves from 28.6% in May to 13.6% in June Retail inflation cooled slightly to 5.6% in July, slipping below the central bank’s upper tolerance threshold of 6% for the first time in three months, even as industrial output growth halved from 28.6% in May to 13.6% in June, as base effects from the national lockdown of 2020 begin to fade. Food prices at the consumer level played a...
More »Citizens ask FSSAI to stop mandatory food fortification- Warn against grave health and economic impacts in reductionist approaches to nutrition
-Press release by Alliance for Sustainable and Holistic Agriculture (ASHA Kisan Swaraj) dated 2 August, 2021 170 individuals and organizations along with the Alliance for Sustainable and Holistic Agriculture (ASHA Kisan Swaraj) have written to the FSSAI urging it to scrap its plans to make synthetic/ chemical fortification of foods mandatory in India [1]. They cited detrimental and irreversible health and socio-economic impacts such as market shifts in favor of large...
More »Govt cuts import duty on crude palm oil to lower retail Edible oil prices
-PTI/ The Hindu Currently, basic customs duty on crude palm oil is 15%, while it is 45% for all other categories of palmolein. The government on Tuesday reduced basic customs duty on crude palm oil to 10%, which will help bring down the Edible oil prices in the retail market. The Central Board of Indirect Taxes and Customs (CBIC) in a notification cut the basic customs duty on crude palm oil to 10%...
More »200 Plus Days - Farm Laws, Farmers and Food -SG Vombatkere
-TheCitizen.in The Farmers’ agitation starting November 26 2020, was against three Farm Laws. The Essential Commodities Amendment Act, 2020, (ECA Act) is one of them. ECA Act amends the Essential Commodities Act, 1955, (EC Act) enacted “in the interest of the general public, for the control of the production, supply and distribution of, and trade and commerce”, and more precisely, “for controlling the rise in prices or preventing the hoarding of any...
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