The Centre sanctioned 134 food processing projects across various states last year despite the COVID-19 pandemic and is committed to the growth of the sector, Union Minister Rameswar Teli said. Minister of State for Food Processing Industries Rameswar Teli participated in the fourth-edition of Emerging North East event on Friday in Guwahati. The event was […]
Food minister Piyush Goyal said there was no proposal before his ministry to increase the rate of foodgrain sold through ration shops under the National Food Security Act (NFSA). The ration shops, also known as Public Distribution System (PDS), sells foodgrains at highly subsidized rates to the card holders. The recent Economic Survey has recommended […]
Commodity prices have risen rapidly as the manufacturing side of the global economy bounces back from the first wave of the coronavirus epidemic and lockdowns last year. By November 2020, global manufacturing activity had recovered all of its pandemic-related losses and merchandise trade volumes were more than 1% higher than prior-year levels. In contrast, much […]
The wholesale price-based inflation moderated to 1.22 per cent in December as prices of kitchen staples onion and potato eased, as per the government data. The Wholesale Price Index (WPI) inflation was 1.55 per cent in November 2020, and 2.76 per cent in December 2019. “The rate of inflation based on WPI Food Index decreased […]
Indian agriculture sector achieved record foodgrain production and registered positive growth despite the coronavirus pandemic but the massive farmers’ protest at the borders of the national capital against the new farm laws overshadowed its remarkable performance last year. Notwithstanding the cold weather and pandemic concerns, the protest by thousands of farmers, mainly from Punjab and […]
After eight months of contraction, cargo traffic at the major ports grew by 3% y-o-y in November 2020. For the April-November period, the traffic has fallen by 10.5% y-o-y — only Mormugao port has seen a higher volume of cargo in the current financial year than a year ago. The cargo volumes for POL (Port […]
So you are in a lockdown during the Christmas break? Faced with few choices to make you feel better, perhaps you head for the fridge. But then guilt takes over and you realise you would be putting on weight, when what you would need to do is boost immunity. Indian food entrepreneurs are waking up […]
The prices of household items remained moderate in the month of November 2020. Consumer Price Index (CPI) inflation, also known as retail inflation, decreased from 7.61 per cent in October to 6.93 per cent in November, according to the Ministry of Statistics & Programme Implementation. The rise in food prices also moderated from 11 per […]
Sugar prices in Maharashtra have fallen below the minimum support price (MSP) of Rs 3,100 per quintal because of poor demand. This, in turn has forced sugar millers to sell below the floor price to be able to make cane payments to farmers. A high opening balance at the start of the season, delayed export […]
The central government needs to implement schemes that encourage a diversified food basket by mapping the food consumption patterns and nutrition, a study by Indian Council for Research on International Economic Relations (ICRIER) said. The trade-off between promoting agricultural production and nutrition must be confronted and leveraging agricultural policies and programmes to be more “nutrition-sensitive” […]
