Poor harvest likely to raise food prices

Published on 11 March 2010

The poor summer harvest, which led to a grain deficit of up to 400,000 metric tons representing around 7.5 per cent of the total cereal grain requirement, is likely to result rising food prices until the next winter harvest. (..) In the markets regularly monitored by the World Food Programme and the Ministry of Agriculture and Cooperatives, the average price of coarse rice in February was Rs. 31 per kg as compared to Rs. 32 during the previous month.

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