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Policy
Urad prices soften after supply boosts

Urad prices soften after supply boosts

Area sown for urad has reached 5.37 lakh hectares compared to 3.67 lakh hectares last year The consistent efforts of the Department of Consumer Affairs have resulted in the softening of Urad prices, the Centre

Policy
Govt directs NCCF and NAFED to initiate procurement of 5 lakh tonnes of onion 

Govt directs NCCF and NAFED to initiate procurement of 5 lakh tonnes of onion 

Rabi onion is critical for the country’s onion availability as it contributes 72 -75 per cent of annual production in the country In the current year, the Government has directed NCCF and NAFED to initiate

World
FAO food price index declines further in February

FAO food price index declines further in February

2024 wheat output forecast to grow despite price-driven cutbacks in planted area The benchmark for world food commodity prices declined for the seventh consecutive month in February, as lower international quotations for all major cereals

Policy
Centre puts Onion under prohibition to ensure availability of onions

Centre puts Onion under prohibition to ensure availability of onions

Centre directs NCCF and NAFED to procure 7 lakh tonnes of onion for the buffer from farmers The export of onion has been put under prohibition w.e.f. 8th December 2023 till 31st March 2024 to

Food
FAO Food Price Index remains stable in September

FAO Food Price Index remains stable in September

The FAO Food Price Index, which tracks monthly changes in the international prices of globally traded food commodities, averaged 121.5 points in September, compared to 121.4 points in August The overall measure of international food commodity

Food
Government mandates sugar stock disclosure for wholesalers, retailers & processors 

Government mandates sugar stock disclosure for wholesalers, retailers & processors 

The step has been taken by the government to combat hoarding and curb speculation amid a slight uptick in domestic prices After wheat, tur and masoor, the Centre mandated sugar stock disclosure by wholesalers, retailers, big