It favours companies voluntarily labelling products as not containing GMOs Monsanto not looking beyond Bt corn Controls on seed pricing opposed Monsanto, the biotechnology major, holds the view that mandatory labelling of products made from genetically modified organisms (GMOs) in India would make no sense. It favours options such as companies voluntarily labelling products as not containing GMOs, and individuals making a personal decision not to consume food containing GM ingredients. During an interview...
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NAC plan fails to pass muster with ministry by Liz Mathew
The department of food and public distribution has rejected both proposals of the National Advisory Council (NAC) to provide food security, saying the government risked running up against supply constraints and taking on an unsustainable fiscal burden. The rejection by the ministry of consumer affairs, food and public distribution means that both NAC, headed by Congress party president Sonia Gandhi, and the government will have to go back to the drawing board...
More »Price Spikes Raise Spectre of Another Food Crisis by Matthew O Berger
While global food prices declined for the first half of this year, they have spiked in recent months, according to a new World Bank publication, and this volatility could in turn push up the local food prices of the world's poorest and most malnourished countries. The Bank's grain price index had declined by 16 percent over the first six months of 2010 before rising that same amount between mid-June and August....
More »Punjab farmers to acquire 50,000 hectares of land in Ethiopia
Punjab-based farmers, who are known for feeding the country, now want to try their hands offshore, with a group of progressive farmers all set to acquire 50,000 hectares of farm land on lease in Ethiopia for growing high-value cash crops, including pulses and Maize. "We will be inking a deal with the Ethiopia government next month for getting at least 50,000 hectares of area for growing crops like pulses and...
More »The backlash begins against the world landgrab by Ambrose Evans-Pritchard
The neo-colonial rush for global farmland has gone exponential since the food scare of 2007-2008. Last week's long-delayed report by the World Bank suggests that purchases in developing countries rose to 45m hectares in 2009, a ten-fold jump from levels of the last decade. Two thirds have been in Africa, where institutions offer weak defence. As is by now well-known, sovereign wealth funds from the Mid-East, as well as state-entities from China,...
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