The government on Thursday sent the ordinance on food security to President Pranab Mukherjee for his consent.
After rising for five consecutive weeks, inflation fell to 5.09 per cent during the week ended October 28, compared to 5.41 per cent in the previous week with drop in prices of essential commodities.\n\n
The maximum fall was witnessed in dairy prices.
The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses
The four commodities, which have been banned, constitute only four per cent of the total index.
The fall in global prices resulted in a drastic decline in the Food Price Index compiled by the United Nations' Food and Agricultural Organization. Based on the prices of a basket of internationally traded food commodities, the FAO Food Price Index averaged at 203.9 points in July, down 4.4 per cent (2.1 percentage point) from a revised value in June. This level was seen earlier in January, at 203.2 points.
The RBI's projections for consumer inflation over the rest of the year indicate some acceleration, with the rate reaching eight per cent in its baseline scenario.
The Food and Security Bill will be implemented after few months.
On the occasion of Chinese president Xi Jinping's two-day visit, Indian exporters are looking for a big boost in export of agricultural commodities, especially the ones that have been impacted by the ongoing trade war between the United States and China.
The rise in food inflation was on account of increase in prices of onions, vegetables, cereals and protein-based items.
Sowing had started on a sluggish note in several parts of the country because of delay in the onset of the monsoon but has picked up pace subsequently as the rains progressed and performed appreciably well in August.
Nature Valley granola bars, a baked food whipped up from a mix of nuts, oats and honey, are now available in India.
The ravines, which are sharp, steep mud hillocks, stretch over three states - Madhya Pradesh, Rajasthan, and Uttar Pradesh, once home to several dreaded dacoits have long been the subject of several projects and government schemes to make them agriculturally viable.
Retail inflation in pulses and products category rose to a staggering 42.20 per cent in October.
Useful health tips from fitness expert Samreedhi Sharma Goel.
A recent study shows that more than 100 million people are excluded from the public distribution system because the central government insists on using 2011 population figures to calculate state-wise PDS coverage, which effectively leaves out 100 million people, reports Sanjeeb Mukherjee.
A study by eminent economists, by Jean Drze, Reetika Khera and Meghana Mungikar released few days back shows that more than 100 million people are excluded from the PDS because the central government insists on using 2011 population figures to calculate state-wise coverage under the National Food Security Act.
Inflation fell to 4.29 per cent for the week ended February 25 from 4.34 per cent in the previous week, mainly due to decline in prices of essential food articles and non-food items.
Food is genetic medicine, and the kind that your ancestry has eaten for centuries is your best bet.
Vegetable prices which had witnessed a 21.16 per cent contraction in June, shot up by 21.95 per cent in July.
'It may take two years for the economy to return to normal.' 'We should ensure that the vulnerable do not dig into their savings or give up their assets because that will set them back by several years.'
Nutritionist and fitness expert Samreedhi Sharma Goel suggests tips to help you remain alert throughout the day.
People should include nutrient-dense foods that are rich in fibre and proteins, says Hardik Shukla.
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Prices of food articles contracted by 3.47 per cent in June on a yearly basis. Vegetable inflation stood at (-)21.16 per cent.
The two bills -- Farmer's Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, and the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 -- were passed by Lok Sabha on Thursday.
Opt for foods low on salt, high in iron, protein and calcium.
Make your breakfast fun and healthy with these simple recipes.
Might discuss Ordinance route tomorrow, note circulated among ministers listing discussion topics.
In fuel and power segment, inflation saw a sharp surge to a near double digit inflation at 9.99 per cent, against 4.37 per cent in July.
80% of the surveyed districts did not show any change in migration
Weight watchers have often avoided rice for chapati. But is it the best option?
Retail inflation in April softened further and fell to a four-month low of 4.87 per cent.
