The government will fast-track an ethanol program that will divert as much as 6 million tons of sugar toward fuel production annually by 2025, according to the food ministry
All eyes on rains in the weeks ahead till August-end to assess final impact
Retail prices of almost all essential food items have increased in Assam since 2016, with the rates for onion and mustard oil registering the highest spike
He also said the state governments must take the lead in instituting labour reforms and rationalising costs of power to the industry
Food prices have always been cyclical, and most agricultural futures are now off their peaks from early May
In the short term, take on part-time work and postpone discretionary expenses to cope with this round of price rise which may not end in a hurry
The higher prices of widely used raw materials such as edible oils, pulses, television panels, and chipsets are burdening household budgets and threatening the margins of leading manufacturers
On a year-on-year basis, prices were up 33.9% in June.
Retail prices of pulses are showing a declining trend after the government's interventions, Union Food Secretary Sudhanshu Pandey said on Monday.
Moreover, the Chief Economic Adviser (CEA) asserted that high food inflation has not impacted a large section of population as they are being given free ration under the PMGKY
Green tea, sanitisers among items in bigger basket
On a year-on-year basis, prices were up 39.7% in May.
Massive Urban spike foreseen, food price volatility may worsen as monsoon approaches; decade high wholesale inflation may put further pressure, but favourable base effect may have tempering effect
Food inflation rose to 3.87 per cent from 3.11 per cent over this period.
World food prices rose for a ninth consecutive month in February
An expected rise in food prices could be a setback for the monetary policy makers, who have been betting on softer levels
Wheat prices increased 6.8%, driven by strong global demand and expectations of reduced sales by Russia
The survey said new sources of price data also need to be incorporated in the wake of increasing retail e-commerce transactions
Softens to four-month low of 1.22% in December from 1.55% in November as food items enter deflationary zone; core inflation at 2-year high of 4.2%
After a year of high inflation-low growth, a sharp dip in food inflation tames the headline number