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Why edible oil prices have surged to their highest in a decade -Devika Singh

-Moneycontrol.com Edible oils have risen as much as 62 percent in the last year as bad weather in major producing countries and increasing use of biofuels has hit supply, but experts say the market will stabilize in a few months prices of edible oils such as mustard, vanaspati, soya, palm, sunflower, and groundnut are more than their highest in a decade. prices have risen as much as 62 percent from last year, Food...

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Govt. has an active role to play during the pandemic in terms of nutritional support, education & jobs, says IFPRI report

A recent report by the International Food Policy Research Institute (IFPRI) states that the countrywide lockdown imposed on 25th March, 2020, which was extended for nearly two months in phases, affected the food and nutritional status of vulnerable sections of the Indian population. It says that a programme like the Mid-Day Meal Scheme covers four-fifth of primary-school-aged children in the country that helps in improving not only nutrition but also...

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Why edible oil prices are ruling high despite good crop and muted demand -Tina Edwin

-MoneyControl.com India’s production of oilseeds is too little to provide for the domestic demand and therefore is dependent on imports. The average retail prices of edible oils rose to their highest in May with soyabean oil prices climbing to nearly Rs 150 for a kilo and sunflower oil to Rs 170. The prices of both edible oils have jumped around 50% from the levels prevailing when the country was under a national...

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Agri Ministry’s New App Gives Microsoft Access to Millions of Farmers’ Personal Data -Sashwata Saha

-TheCitizen.in ‘The whole process is faceless’ As the managing director of CropData Sachin Suri explained to Microsoft’s news desk last year, the abstract looking artwork behind him is not a painting. “This is actually a spectral analysis satellite image of farms. Each tiny spot, or a geo-spatial tile, is an actual field in Punjab and the different colors denote the stress levels in individual farms.” That frame is the crux of what CropData,...

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Faced with vaccine shortage, Punjab govt decides to join global COVAX facility

-The Tribune Cabinet also approves purchase of Covaxin for 18-44 category industrial workers The Punjab government on Thursday decided to join the COVAX facility alliance for global sourcing and procurement of Covid vaccines at the best price, becoming the first state to take such a step amid vaccine shortage in the country. The decision was taken during the Cabinet meeting, which also approved the purchase of Covaxin for industrial workers, for whose vaccination...

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