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...
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Petrol/Diesel Prices: Who is Responsible for Back-breaking Hikes? -Subodh Varma
-Newsclick.in The central government has raked in over Rs18 lakh crore from excise duties compared to Rs14 lakh crore from taxes by all state governments over the past eight years. Yet again, the government has tried to obfuscate the exorbitant petrol/diesel prices by blaming state governments. This time, it was the Prime Minister himself who blamed some Opposition-ruled states for not reducing taxes like the Value Added Tax (VAT) after the central...
More »‘No-GM’ certificate mandatory for imported food crops from January -Meenakshi Verma Ambwani and TV Jayan
-The Hindu Business Line FSSAI issues order on 24 items even as it works on regulations for GM foods Come January 1, 2021, importers of 24 major food crops will have to mandatorily declare that the products are not genetically-modified and that they also have a non-GM origin. The Food Safety and Standards Authority of India (FSSAI) has come out with this order to ensure that only non-GM food crops come into the...
More »MS Swaminathan, father of Green Revolution, interviewed by Jitheesh PM & Jipson John (Newsclick.in)
-Newsclick.in In an interview, the ‘father’ of India’s Green Revolution, says while technology is necessary, policies on procurement and public distribution are far more important in making agriculture economically viable and sustainable in the country. No one has played a more instrumental role in India’s self-sufficiency in food production than Dr MS Swaminathan — world-renowned agricultural scientist, known as the ‘Father of Green Revolution in India’. After getting a PhD from Cambridge...
More »India is consuming banned GM food owing to lack of regulations
-Down to Earth Genetically modified food items are flooding Indian markets with seemingly no trouble at all Just last year the Food Safety and Standards Authority of India (FSSAI) had told the Supreme Court that “GM (genetically modified) foods are not allowed in the country” and yet no action has been taken against the GM foods flooding Indian markets. The Coalition for a GM-free India has complained to the FSSAI with pictorial...
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