The government should immediately announce a 10% increase in the floor price of cotton and rice to protect farmer incomes if it imposes a ban on the export of these commodities, India's two most economically significant cash crops, according to the Commission of Agricultural Costs and Prices (CACP), a body which advises the government on the pricing policy for major farm produce. "Any ban on export is an implicit tax on...
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Global food prices remain unchanged in March
-PTI World food prices remained almost same in March from their levels in February due to stable prices in most commodities and decline in dairy prices, United Nations' Food and Agriculture Organisation said. "World food prices in March remained virtually unchanged from their February levels," Food and Agriculture Organisation (FAO) said in a statement. Amongst various commodity groups, only oil prices showed strength, compensating for falling dairy quotations, while the indices of cereals,...
More »Water: the looming problem-Prakash Nelliyat
World Water Day is held annually on March 22 to focus attention on the importance of freshwater and advocate sustainable management of freshwater resources. Each year, the day highlights a specific aspect of freshwater and this year's campaign was on “Water and Food Security.” A large quantity of water, more than most people think, is used for producing the food we eat everyday. Water is a renewable and finite resource...
More »Bengal Economic Review contradicts Govt. claims-Indrani Dutta
The State government of the day spares no occasion to make a mention of the “shambles” the 34 years of Left rule has left West Bengal in. The Economic Review presented in the State Legislative Assembly, however, tells a different story. It highlights several areas where the State's performance has been “impressive over the last few years”. Mention is made of progress in agriculture, industry, rural development, industrial relations and rising...
More »ADB calls for another Green Revolution
-The Hindu Food subsidies for poorest will help them cope: ADB A hike in the cost of food staples like rice and wheat could push tens of millions more people into extreme poverty in the South Asian region including India, says an Asian Development Bank (ADB) report. The Manila-based lending agency, in its report “Food Price Escalation in South Asia – A Serious and Growing Concern” released on Monday, however, said that food...
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