Mandi prices of tomato and onion have witnessed a sharp decline in the last month because of improvement in supplies due to more-than-adequate monsoon rains in key producer states of Maharashtra, Karnataka, Andhra Pradesh and Madhya Pradesh. The benchmark mandi prices of tomato at Kolar in Karnataka stood at Rs 600 per quintal early this week, down […]
The area under paddy — the biggest foodgrain during the kharif season — was almost 13 per cent lower in the week ended August 5 as compared to the same period last year despite a slight pick-up in rains in the main growing regions, triggering fears of a 10-12 million-tonne drop in final output. With 30 per […]
The government has restricted the exports of maida, semolina and all variants of wheat flour (atta), a month after it curbed exports of plain atta. According to the official order, exports of maida, semolina etc will be allowed subject to clearance from the Inter-Ministerial Committee (IMC) on wheat exports. Last month, the government had curbed […]
To provide subsidised foodgrains under the public distribution system to migrant workers in cities who do not have ration cards, the government will launch a national portal for registration of these workers. According to Sudhanshu Pandey, secretary, ministry of food and public distribution, a large section of migrant population living in cities do have ration […]
Indian Sugar Mills Association (ISMA) has urged the government to increase the minimum support price (MSP) of sugar from the current level of Rs 31 per kg to at least Rs 36-37 per kg in line with fair and remunerative price (FRP) of cane. MSP of sugar was last announced in February 2019. In a […]
India’s food ministry has called a meeting of edible oil manufacturers and trade bodies on Thursday to discuss the possibility of a further reduction in the retail prices of cooking oil amid a fall in global prices of these commodities in the last one month. India meets 56% of its annual edible oil consumption via […]
The Centre is likely to allow an additional 1.2 million tonnes (MT) of sugar exports in the current season ending September 2022 taking into account higher-than-anticipated domestic production, according to government sources. This additional quota would be over and above 10 MT of sugar exports allowed for the current 2021-22 season. A group of ministers […]
Indian wheat prices jumped to a record high, despite a ban on exports, amid strong demand and dwindling supply from a crop damaged by heatwave. The price rally has reduced chances of India supplying substantial amounts of wheat under government-to-government deals with countries struggling to secure shipments amid the disruption of the war in Ukraine. […]
The government will loosen control over the coffee sector by scrapping several archaic provisions of the Coffee Act 1942, and undertake all-round development of the sector with emphasis on domestic as well as export requirements and farmer welfare. India’s commerce ministry has prepared a draft Coffee (Promotion and Development) Bill, 2022, which will replace the […]
The government said wheat stocks in FCI godowns is expected to be 134 lakh tonnes at the start of next fiscal, 80 per cent more than the buffer norm. In a written reply to Rajya Sabha, Food and Consumer Affairs Minister Piyush Goyal said the central pool stock of wheat as on July 1, 2022 is well above the […]