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Food processing companies brace for wheat shortage -Devika Singh

-Moneycontrol.com The country is expected to face a shortfall of the cereal in the months ahead as produce in the rabi season is expected to be below estimates, while globally, too, there is a supply crunch on account of Russia-Ukraine war. Food processing companies such as iD Fresh Food, Mrs Bector's Food Specialities and CG Corp Global are getting ready to combat a possible shortage of wheat due to the combined effects...

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Wrong to infer that half of working age population dropped out of labour force: Government

-The Hindu Labour Ministry says a substantial portion of the said population is either pursuing education or engaged in unpaid activities Responding to a recent report of the Centre for Monitoring Indian Economy (CMIE), the Union Labour and Employment Ministry on Tuesday said it was “factually incorrect” to infer that half the working age population had dropped out of the labour force as a large proportion was pursuing education or engaged in...

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About Rs.2.51 lakh cr farm loan waived off by States since 2012: study -Prabhudatta Mishra

-The Hindu Business Line To make farmers aatmanirbhar, the governments should instead nurture a healthy credit culture and empower them via a robust ecosystem rather than relieving all the borrowers, irrespective of their distress levels. Only 4 out of the 21 political parties lost the election (either at the Centre or State) following the electoral promise and implementation of a farm loan waiver (FLW) scheme started by Haryana’s Devi Lal government. A...

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On the wheat trail: State granaries under strain, private traders make hay -Sandip Das

-Financial Express Crop loss, lower procurement to deplete FCI stocks; local supplies may suffice for PDS, free-ration schemes At Punjab’s Rajpura mandi, private traders are busy buying the wheat crop brought in by farmers at marginally above the minimum support price (MSP). Traders have been super-active in the mandi, one of the largest centres of wheat trade in the country, and their daily purchases often exceed the official procurement by the state-run...

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Coal Crisis

-The Pioneer Industrial states want to import coal to make up for the shortfall Summer temperatures are soaring and so is the power demand. Some States have already scheduled planned outages. And we are now told that the power companies face shortage of coal. Industrial states want to import coal to make up for the shortfall. That is a costly proposition beyond the reach of smaller states. Is there a coal crisis?...

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