While we have been there before, things are worrying. With little that the government can do OMKAR GOSWAMI Global agricultural and food inflation has become a hot topic since I wrote about four weeks ago. Every magazine and newspaper worth the name are writing on it on a daily basis
The government told the National Assembly on Friday that agriculture sector would be provided incentives to increase indigenous production of edible oil as this was the only way to address the rising prices of ghee and cooking oil. Minister for Ports and Shipping Naveed Qamar said that cooking oil and ghee prices were increasing in Pakistan owing to high palm oil cost in the international marker. The local production of oilseeds would be increased with special focus on coastal areas to become less dependent on import of palm oil, he added.
The Left parties on Thursday were dissatisfied with the government's proposed measures to control inflation, saying prices of foodgrains and edible oil were still on the higher side and the burden on the common man had not eased. Communist Party of India (Marxist) leader Sitaram Yechury told reporters that the concerns of the Left parties had not been addressed by Union Agriculture Minister Sharad Pawar in his reply in Parliament to the discussion on rising prices.
Under attack over rising prices, the government on Wednesday announced a slew of measures, including Rs 15-a litre subsidy on edible oil. The Prime Minister is also contemplating calling a meeting of Chief Ministers to discuss steps to tackle the rising prices.
At a time when the Left parties are calling for a ban on futures trading in edible oils, Abhijit Sen, chairman of a committee on futures trading of essential commodities, says such a ban would not hel
The government on Wednesday decided to examine the option of rejigging the customs duty regime for crude, in order to cushion consumers from the impact of high global oil prices. The move comes a day after import levies were scrapped on edible oils and forms part of an all-out effort to tackle the mounting cost of living when early elections look a probability.
Alternate fuel research has been the topic of the highest priority in the context of depletion of fossil fuels at alarming rate and increasing of pollution levels of the engines with conventional fuel
>> Mali's government has ordered the closure of 104 refined cooking oil factories across the country after an investigation revealed most of them don't have necessary equipment to produce
printing ink from vegetable oils is a good replacement for the mineral-based ink used currently. Vegetable oil is environment friendly, claims a study. "It will reduce the organic compounds
This report presents data on both level of consumption measured by the sum of monetary values of goods and services consumed per month by households and pattern of consumption reflected in the composition of total consumption by commodity group. The report also presents distribution of households and persons over different ranges of quantitative consumption level, separately for rural and urban areas of different States of the country.
