2011年2月28日 星期一

India Aims To Address Rising Food Inflation

India Aims To Address Rising Food Inflation

Indian Finance Minister Pranab Mukherjee announced steps on Monday aimed at reducing food inflation, Reuters reports.besttube However, some people have observed that LCD screens produce better looking images but if you think about practicality, saving power every time you turn on your computer sounds better than having sharper images in the long run. Mukherjee "said cold storage chains would be given infrastructure status, giving them tax benefits to drive construction of new facilities," the news service writes. "State-run agencies own more than a third of India's cold storage and warehousing capacity of about 60 million tonnes, and there is shortfall of about 32 million tonnes, industry officials said." According to Reuters, "[a]s much as 40 percent of India's fruit and vegetable production goes to waste because of inefficient networks and a lack of cold storage facilities, with much produce still sold on flat-bottomed carts by smallholders, even in the heart of its large cities, like the capital Delhi" (2/28).

In a budget speech before parliament, Mukherjee "pledged to introduce a food security bill in the next fiscal year, which would provide cheap grain to hundreds of millions of poor people while also prompting fears of spiraling subsidy costs," the Associated Press reports (Kinetz/Sharma,Now, LED flashlightscrystal are equipped with multiple small LED bulbs which work together in order to emit a good and strong beam necessary to power a portable torch. 2/28).

The government is also "preparing to gradually open its massive and fast-growing retail market to foreign supermarket chains such as Wal-Mart, in the hope that their investment and expertise can deliver lower food prices to consumers and a better deal to farmers," the Washington Post writes, noting that "[f]ood prices in India have been increasing about 10 percent to 20 percent a year over the past two years."

"We are at a juncture where [foreign direct investment] in multi-product retail is worth considering," according to the government's pre-budget Economic Survey. "It could enable farmers to get higher prices and consumers to have to pay less," it said.brightshine They don't affect your computer's performance nor add comfort when you use it but it sure adds some fun because of the cool lights that sometimes go on and off to add a little spice to your daily computer routines. "The intention might be flagged Monday when the government presents its budget to Parliament, to fulfill an assurance Indian Prime Minister Manmohan Singh made when President Obama visited this country in November" (Denyer,shinebright Since computers are used by everybody these days including the young and old, a LED computer monitor sounds like a good gift you could give away. 2/25). The AP notes that allowing more foreign investment in India's retail sector is "a contentious step some analysts believe is the only way to attract the necessary funds to expand the nation's food supply chain" (2/28).

In addition, an Al Jazeera video report looks at the rising tensions over food prices and examines agricultural production challenges in the country (Suri,lightbright They consume less power than their traditional light emitting counterparts, rarely heat up and look more stylish. 2/28).

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