The Reserve Bank of India (RBI) has taken adequate measures to manage inflation and expects food inflation to ease on good monsoon, a deputy governor at RBI said on Friday.
India has allowed the export of 300,000 tonnes of non-basmati rice and 200,000 tonnes of wheat to Bangladesh, a government statement said on Friday, as good rainfall and higher planting have boosted crop prospects.
In his inaugural address at extended Central Committee meet here, Karat said: “The Manmohan Singh government has remained indifferent towards Left’s demand for food security for the poor.”
The Government of India is keen on piloting the Food Security Bill as early as possible after concluding the ongoing discussions with various state Governments and NGOs, Union Minister of State for Agriculture K. V. Thomas said on Friday.
On a day all the Opposition parties called a nationwide strike against fuel price rise, the government today said food inflation, which was on a decline, would be in an “acceptable” range of 5-6 per cent in due course.
Wal-Mart Stores Inc, the world’s biggest retailer, will accelerate its rollout of wholesale stores in India, a crucial growth market that has long frustrated overseas operators with restrictive rules.
With the government’s targeted public distribution system (TPDS) coming under attack for inefficiency and wastage from various quarters, industry association Ficci has suggested introduction of food stamps to poor families instead of the current practice of supplying subsidised food grains.
The Agriculture Ministers of Brazil, Russia, India and China (BRIC) have signed a global food security declaration in Moscow.
Union Food Processing Industries Minister Subodh Kant Sahai today said the five new mega food parks proposed in the Union budget are likely to come up in the northern states.
Much to the relief of implementing agencies like the FDA ( Food and Drug Administration) Maharashtra, the FSSAI (The Food Safety and Standards Authority of India) has proposed to define the limits on the caffeine content in energy drinks, which is linked to several health ailments and addiction among the youth.
