Wheat prices in the wholesale markets have come down ever since the government started liquidating its huge inventories at a brisk pace through the open market sale scheme for bulk consumers.
The pepper market is likely to overcome the selling pressure and firm up towards the end of March based on strong domestic demand and shorter supply, says a study by the....
Rising prices of essential commodities coupled with wage deflation and increasing joblessness are pushing the poor households in India to a point of distress.
Food prices are expected to decline in the next fiscal on the back of higher farm output and the only worry then for the government would be on storage, Food and Agriculture Minister Sharad Pawar has said.
India's Planning Commission Deputy Chairman Montek Singh Ahluwalia said the government would 'aggressively' sell cereals in the open market to rein in surging food prices.
In a bid to check illegal purchase of sugarcane by mills, the state government has directed cane development and excise departments to verify stocks of cane, sugar and molasses or raw sugar at all mills in Uttar Pradesh, an official spokesman said.
Amid a raging debate over the release of Bt brinjal for commercial use, science and technology minister Prithviraj Chavan on Tuesday said genetically tweaked variety of the vegetable was “safe for all”.
Manmohan Singh assured a Congress delegation here that the Centre would take steps to arrest the rise in prices of essential commodities, according to WBPCC working President Subrata Mukherjee.
The government allowed import of refined sugar at zero duty up to December 31 this year in the wake of sweetener prices nearing Rs 50 a kg in the retail market.