-Reuters World food prices dropped in May for a second month in a row, hit by steep falls in dairy products, sugar and other commodities, and are likely to fall further in the coming months, the United Nations' Food and Agriculture Organisation (FAO) said on Thursday. Food prices grabbed attention of the world leaders after their spike to record highs in February 2011 helped fuel the protests known as the Arab Spring...

A government report lends credence to the notion of “two Indias”, or the distinction between “India” and “Bharat” – a theme often debated in recent years. At a time when urban India is growing and policy makers have expressed clear preference for the trend, this report, by National Sample Survey Organisation (NSSO), brings India’s deep urban-rural divide into focus, showing disparities in scale and levels of expenditure and consumption and, equally...

-The Business Standard Planning for deficient monsoon must begin Now that the India Meteorological Department (IMD) has endorsed the fears expressed earlier by foreign weather bureaux about the emergence of the monsoon-unfriendly El Nino in the second half of the season, the government should begin preparing right away for mitigating its adverse impacts on agriculture, water reservoirs and other areas. El Nino, an anomalous rise in sea surface temperature off the...

The 28th of May, marked as “World Hunger Day,” has come and gone but for Pannu Bai Bhil, every day is hunger day. How does someone dealing with chronic hunger view a day marking her plight? Let those of us who overeat at least take stock of a hungry India pitted against bumper crops, number crunching, technologies for profit, markets, and growth rates. The solution for hunger lies in proper...

-The Business Standard Are subsidised exports the only solution? Surely the intellect of a high-level inter-ministerial committee is not required to conclude that the subsidised export of wheat and the disposal of grain at discounted rates at home can help ease the current grain congestion. However, this seems indeed to be the conclusion reached by the high-level panel set up by the prime minister under the chairmanship of his Chief Economic...