Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters. The contracts had been signed late last year and early this year when domestic sugar prices rose to a record and the production outlook was lower. Since then the price has fallen by a third and the...
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250 crore for Urban Employment Scheme by Indrani Dutta
The West Bengal government has allocated Rs 250 crore for introducing a scheme for generating employment for the urban youth, on the lines of the Mahatma Gandhi National Rural Employment Guarantee Scheme. State Finance Minister Asim Dasgupta said that funds allocated for this purpose this year may be augmented according to requirement. Similar schemes have been declared in Tripura and Kerala as well. The scheme, announced by Dr Dasgupta during his budget...
More »More agricultural investment vital to combat hunger in Asia-Pacific, says UN official
The Asia-Pacific region – home to two-thirds of the world’s one billion malnourished people – must see growth in agricultural investment to tackle the hunger challenge, a senior United Nations official stressed today. The number of hungry people in Asia and the Pacific climbed by more than 60 million in 2009 to 642 million, Jacques Diouf, Director-General of the UN Food and Agriculture Organization (FAO), said in a video message...
More »UN food standards body sets new limits for melamine in food
In an effort to help prevent dangerous contamination of food with melamine, a toxic chemical, the United Nations food standards body today set new limits for the amount of the substance that can be present in baby formula, other foods and animal feed without causing health problems. The maximum melamine allowed in baby formula was set at one milligram (mg) per kilogramme (kg) and 2.5 mg/kg in other foods and...
More »Rs 13,742-cr development plan worked out for Naxal districts by Shishir Gupta
Armed with integrated action plans for 35 Naxalite-affected districts in nine states, the Planning Commission is all set to approach the Union Cabinet for a proposed outlay of Rs 13,742 crore to wean away the tribals from sympathising with the Maoists through comprehensive infrastructure and economic development as well as proper implement of the Panchayats Extension to Scheduled Areas (PESA) Act, 1996 and related Scheduled Tribes and other Traditional Forest...
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