-The Telegraph Officials said the government is weighing up the option of some kind of restrictions on the shipments of rice New Delhi: After wheat, the Centre is mulling curbs on rice exports as the acreage under the crop this season has shrunk about 13 per cent over the previous year because of deficient rains in key rice-growing states — leading to a rise in the price of the foodgrain. Analysts said the...
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Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »Most small drug makers aren’t WHO-GMP certified -Priyanka Sharma
-Livemint.com The Centre has started an outreach programme for such SMEs operating in 10 locations Considering that only one-fifth of the small and medium manufacturers of bulk and API (active pharmaceutical ingredient) drugs have been certified under the World Health Organization’s good manufacturing practices, the Centre has launched an outreach programme to establish India as a best-in-class pharma hub, said an official in the know. “As of now, India has around 6,790 SMEs...
More »Youth employment deteriorated in India: ILO report -AM Jigeesh
-The Hindu ‘COVID-19 has hurt young people more than any other age group’ India experienced severe working-hour and employment losses in 2020 and 2021, and Indian youth employment deteriorated in 2021 compared to 2020, according to the Global Employment Trends for Youth 2022 report released by the International Labour Organisation on Thursday. The recovery in youth employment is still lagging globally, the report says confirming that COVID-19 has hurt young people more...
More »Central government plans to scrap wheat import duty -R Suryamurthy
-The Telegraph Officials say Centre is considering several other measures such as doing away with stock holding limit of foodgrain The government plans to scrap the import duty on wheat to encourage inward shipment and meet its growing demand during the festive season. Officials said the Centre was considering several other measures such as doing away with the stock holding limit of the foodgrain. Analysts said the move might not fetch the desired results...
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