-Reuters/ThePrint.in State like UP has received 500% more rainfall than normal so far in October. Higher food prices could prompt India to slap additional restrictions on exports of food commodities. Mumbai: Heavy rainfall in India has damaged key summer-sown crops such as rice, soybean, cotton, pulses and vegetables just before harvesting, which could stoke food inflation in Asia’s third biggest economy, farmers, traders and industry officials said. Higher food prices could prompt New...
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Cereal inflation would be hard to tame amidst low rice acreage
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...
More »First wheat, now rice — hit by bad weather, output could fall by ‘10 mn tonnes’ this season -Sayantan Bera
-ThePrint.in A hit to India’s rice output could lead to a major policy overhaul as it arrives on the back of a lower wheat harvest. New Delhi: After a severe heat wave in April-May singed India’s wheat crop, leading to a ban on exports, planting of rice, the main rain-fed crop in the ongoing kharif season, has been hit due to patchy rains in several states. Major rice-growing states such as Uttar Pradesh,...
More »RSS farmer body Bharatiya Kisan Sangh slams Centre’s farm policies -Ishita Mishra
-The Hindu Exim policy for agricultural produce should be long-term and in farmers’ interests, BKS says Bharatiya Kisan Sangh (BKS), the Rashtriya Swayamsewak Sangh’s (RSS) farmers’ group, criticised the Centre’s export and import policies. The BKS urged the government to frame long-term export and import policies that are in the interests of farmers. The BKS, which held a meeting of its all India managing committee in Raipur last week, said it’s being seen...
More »OECD-FAO: Global pulses trade to slow as India may boost production by 2030 -G Chandrashekhar
-The Hindu Business Line It observed that world pulses trade grew from 13 ml t to 17 ml t over the past decade The global pulse market that reached a volume of 92 million tons in 2020 - following an annual growth of 3 per cent during the previous decade – is expected to increase by 22 ml t by 2030, says OECD-FAO Agricultural Outlook 2021-2030 released earlier this week. Almost half of...
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