Reuters India's wheat plantings remained steady despite a rally in price of the staple to a record as farmers in a key producing central state shifted to rapeseed (mustard) to take advantage of even higher prices for the oilseed, farm ministry data showed on Monday. A lower-than-expected planting area in the world's second biggest wheat producer may cap an expected rise in production, after output fell last year because of a heatwave...
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What is in store for India’s imports?
There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...
More »Are we choosing the right solutions for reducing GHG emissions from the transport sector?
The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption. Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...
More »Arunachal finalises oil palm mission
-The Hindu Centre committed to turning the north-east into oil palm hub, says Agriculture Minister Guwahati: Arunachal Pradesh has finalised the National Mission on Edible Oils-Oil Palm (NMEO-OP) and will go “full swing” in implementing it across 1.33 lakh hectares soon, Chief Minister Pema Khandu has said. Speaking at the ‘Business Summit for North Eastern States’ on the NMEO-OP in Guwahati on Tuesday, Mr. Khandu said Arunachal Pradesh is geographically the largest State...
More »Mizoram shows why centre’s palm-oil plans will be disastrous for farmers, environment -Kimi Colney
-CaravanMagazine.in On 15 August 2021, marking India’s 75th Independence Day, Prime Minister Narendra Modi addressed a crowd-packed Red Fort. “Just as we are making sure that no person or no class should be left behind in the development journey of society, similarly no part of the country, no corner of the country, should be left behind,” he told the crowd. “Development should be all-round, development should be all-pervasive, development should be...
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