Govt submission comes in response to petitions against release of GM crops owing to concerns over side-effects. New technology would increase farm productivity and income of farmers, says Centre.
Indians spending 14% more on edible oil compared to last year. Experts expect a cooldown if no shocks prevail, government says ‘situation under control’.
While retail inflation hit an 8-year high of 7.8% in April, wholesale inflation surged to a 9-year high of 15.08% on the back of elevated food and energy prices in the same month.
Survey by LocalCircles also found that 17% were cutting discretionary spending to afford the oil and 1 in 2 households are dipping into savings to buy it.
India is witnessing record-high inflation in edible oil prices. Food Secretary says country can produce up to 18-19 lakh tonnes of rice bran oil, up from current 11 LT.
The base import tax on crude palm oil, crude soy oil and crude sunflower oil has been reduced to 2.5 per cent, the Finance Ministry said in a notification issued late Friday.
The National Mission on Edible Oils-Oil Palm hopes to address a major issue — dependency on imports for edible oils — but given the nature of palm oil farming, has raised concerns.
National Mission on Edible Oils-Oil Palm proposes to cover an additional area of 6.5 lakh hectares (lha) under oil palm cultivation by 2025-26, and another 6.7 lha by 2029-30.
Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
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