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17Apr 2024

“UNRAVELING THE MISSING LINK IN RISING FOOD PRICES”

Syllabus: GS-3-Inflation , rising food prices, Indian economy and its impact Focus : Prime Minister Narendra Modi’s assertion of lower inflation since 2014 is accompanied by the complexities of India’s economic trajectory post-2014. Source- GoI analysis Introduction: Prime Minister Narendra Modi’s assertion of lower inflation since 2014 is accompanied by the complexities of India’s economic …

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08Apr 2024

TRADERS LAMENT LOW-PRICED ONION EXPORTS TO UAE, ALLEGING UNFAIR PROFITS FOR IMPORTERS.

Why in the news? Underpriced Indian onion exports to UAE amid a ban raise concerns about pricing fairness and windfall profits for importers. Source:medium Understanding the Traders’ Concerns Over Onion Exports to UAE: Underpriced Exports: Amid a ban on onion exports, the Indian government permitted shipments to the UAE. Traders allege that the selling price …

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06Apr 2024

GLOBAL FOOD PRICES RISE IN MARCH AFTER A THREE-YEAR LOW.

Why in the news? World food prices rebounded in March, driven by increases in vegetable oils, dairy, and meat, after a three-year low source:worldagrotv Understanding FAO Report: Monthly Price Increases: Vegetable Oil Index: Saw an 8% increase. Dairy Index: Showed a rise. Meat Index: Also experienced a boost. Monthly Price Fall: Milk: Dropped by 1.7%. …

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