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Global food inflation to return after brief respite

-Reuters   Red-hot food inflation that has vexed policy makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already made up half of June's losses. The sell-off masked an unnerving reality: The world remains...

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Corrupt Bundelkhand officials feed off aid for dead farmers by Neha Dixit

In Uttar Pradesh's most impoverished region, Bundelkhand, government officials feed off not just the living but also the dead. Headlines Today has exposed how corrupt officials exploit the grieving families of farmers, who have committed suicide.   In a visit to Bundelkhand in 2008, AICC general secretary Rahul Gandhi repeated a phrase borrowed from his father Rajiv Gandhi: "Out of 100 paise, only 15 paise reaches the poor".   While travelling through this dustbowl...

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Challenging the poverty dimension of inflation by Madan Sabnavis

A perverse, yet novel reason put forward to explain high inflation is that the poor are eating more as they are becoming less poor. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been extolled for being responsible for higher consumption, which in a way is a vindication of high inflation. The extended logic used here is that if the poor are eating more and we are paying high...

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Farmers on holiday by M Suchitra

Andhra farmers shun growing paddy this kharif in absence of buyers, storage space Achanta, a small village in Andhra Pradesh, hit the headlines in 1967 with a record rice yield in the kharif or monsoon crop season. It was the time of the Green Revolution. N Subba Rao, a farmer from the village, harvested three tonnes of paddy from just one kilogramme of seeds. Other farmers followed suit and the village...

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When paddy turns poison by Jaideep Hardikar

When he drank poison on January 11, farmer Hargovind Harne’s run-down hut was bursting with freshly harvested paddy. Yet he was neck-deep in debt. Even the bottle of pesticide that he used to take his own life had been bought on credit, as the bill shows. His large stock of grain wasn’t the only puzzle in the 47-year-old’s suicide. Vidarbha is infamous for continuing suicides by cotton farmers but Harne grew food,...

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