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Showing posts with the label Essential CCommodities

FSSAI directs States to adhere to food labelling rules with special products

 The Hindu August 12, 2020 Includes foods sold for special medical purposes and for special dietary use Food Safety and Standards Authority of India (FSSAI) on Tuesday directed food safety commissioners across all states and UTs to ensure strict compliance of labelling regulations for foods products that are sold for special medical purposes and foods for special dietary use, among others. These products are consumed by consumers that suffer from hypo-allergenic conditions such as lactose-intolerance or suffer from IEM disorders (Inborn Errors of Metabolism). Companies making food products for special dietary purposes or for special medical purpose need to ensure the labelling enables the consumers to distinguish such food products from food products meant for normal consumption. This is the second time this year that the FSSAI has directed food safety commissioners to ensure compliance of norms for food products that are regulated under the FSS ( Health Supplements, nutraceuticals...

BAN on GM CROPS

Press Information Bureau Government of India  July 02,2019 Bt. cotton is the only Genetically Modified (GM) crop approved in 2002 by the Genetic Engineering Appraisal Committee of Ministry of Environment, Forest and Climate Change for commercial cultivation in the Country and, therefore, cultivation of other unapproved GM crops are banned in India. Few incidences of suspected open cultivation of Bt. brinjal and HT cotton were reported in Maharashtra, Haryana, Punjab, Gujarat and Andhra Pradesh. Department of Agriculture, Cooperation and Farmers Welfare has issued advisories to States to take appropriate necessary action to curb and control the spread of Bt. Brinjal and HT cotton. State Governments have given the directions to all District Administration to take necessary legal steps to curb the production and selling of illegal GM crops. There is a well established regulatory framework for approval of GM Crops as per “Rules for the Manufacture/Use/Import/Export and St...

Monsoon effect: Over 10 pct fall seen in Kharif rice output

The Financial Express September 14,2019 Even as the difference of sowing area under under paddy (y-o-y) narrows every week, it is still 6% lower than 5-year average of 39.63 million hectare. There could be at least a 10% drop in rice production this kharif season from last year’s 102.13 million tonne due to fall in sowing area and drop in yields, officials reckon. Crisil had earlier predicted a 7% fall in rice production. Even as the difference of sowing area under under paddy (y-o-y) narrows every week, it is still 6% lower than 5-year average of 39.63 million hectare. Reference:-  https://www.financialexpress.com/economy/monsoon-effect-over-10-pct-fall-seen-in-kharif-rice-output/1705831/

India’s sugar stockpile threatens to drag down global prices

Business Line September 02, 2019 India is dumping its extra sugar on the world, threatening to further drag down prices that are already at the lowest in almost a year. The Centre is spending ₹6,268 crore ($873 million) to subsidise exports to cut the nation's record stockpiles. The move is drawing ire from rival growers in Brazil and Australia, who say the policy is depressing world prices and hurting their farmers. Meanwhile, hedge funds are betting declines for futures will continue. The subsidies are just another blow to the market that’s already suffering from oversupply. A weaker currency in Brazil, the world’s top producer and exporter, has encouraged a flood of shipments. Meanwhile, demand growth is slowing in developing countries over health concerns, and threats to the global economy could further hurt consumption. Even though world inventories are forecast to drop, the excess hoard is still big enough to satisfy annual consumption in India and the Europea...