India sanctions 134 food processing projects during the pandemic: Minister

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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 […]

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No plans to hike PDS foodgrain prices in near future: Food Minister Piyush Goyal

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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 […]

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Rise in non-energy commodity prices in 2020 fastest since 2011

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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 […]

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India’s agriculture sector in 2020 – from record foodgrain production to farmer protests

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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 […]

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Retail inflation benign in November; WPI inflation at 9-month high of 1.55%

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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 […]

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