-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...
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Food Bill gets Presidential assent
-PTI The landmark Food Security Bill, aimed at giving a legal right on highly subsidised foodgrains to 67 per cent of the country's population, on Thursday received the President's nod. "We have received the Presidential assent to the Food Security bill," Food Minister K.V. Thomas told PTI. The law will soon be notified in the Government gazette, after which it will come into effect, he added. The Centre has convened a meeting of...
More »India ahead of China in wasting food -Chetan Chauhan
-The Hindustan Times When it comes to wasting food items, India is ahead of China, says a UN report on food waste and its impact on natural resources. The grim news comes at a time when prices of most vegetables and fruits are high. The waste also takes a high toll on the country's natural resources because many of these items, rice for example, consume large quantities of water. It is estimated more...
More »Food waste harms climate, water, land and biodiversity–new FAO report
-FAO Direct economic costs of $750 billion annually - Better policies required, and "success stories" need to be scaled up and replicated Rome: The waste of a staggering 1.3 billion tonnes of food per year is not only causing major economic losses but also wreaking significant harm on the natural resources that humanity relies upon to feed itself, says a new FAO report. Food Wastage Footprint: Impacts on Natural Resources is the first...
More »Dipa Sinha, a right to food campaigner interviewed by Elizabeth Roche
-Live Mint The right to food campaigner talks about the importance of the Bill in an interview The National Food Security Bill (NFSB) is just a signature away from becoming law after being passed by the Rajya Sabha on Monday. It was passed by the Lok Sabha on 26 August and needs the President's signature to be enacted. Critics have dismissed the proposed legislation as a drain on India's resources. Dipa Sinha,...
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