FAO has warned that 2011 may witness a global food crisis. Proactive action is needed to meet the challenge of price volatility, chronic hunger, agrarian despair and climate change. The Food and Agriculture Organisation of the United Nations (FAO) has alerted developing countries about possible steep rises in food prices during 2011, if steps are not taken immediately to increase significantly the production of major food crops. According to FAO, “with...

Distressed over the crop losses in the recent rains, seven more farmers died of shock in the state in the last 24 hours. While three farmers died in Guntur district, West Godavari, Krishna, Prakasam and Nalgonda districts accounted one death each. Thota Apparao died of shock at Rentapadu in Sattenpalle mandal, while Mukteshwar Rao died of cardiac arrest at Attota in Kollipara in Guntur. Hanumantha Rao collapsed in his field on...

A working group on agriculture constituted by Prime Minister Manmohan Singh has suggested that the government provide farm loans to farmers at four per cent interest rate, raise the minimum support price (MSP) for farm produce to 50 per cent higher than the actual cost of cultivation and expand diesel subsidy scheme across the country.The Working Group on Agriculture Production headed by Haryana Chief Minister Bhupinder Singh Hooda submitted its...

This week’s good news on food price inflation was evened out by the bad news on fuel prices hike. But, both were along expected lines. Thanks to the so-called “base effect” — the fact that last year this time food prices were rising sharply and since last year’s prices become the denominator in this year’s price ratio, the rate of inflation would be expected to moderate — and to an...

Suicides of despairing farmers continue in the Vidarbha region of Maharashtra, despite the claimed implementation of the Rs 3,000-crore Prime Minister’s package and a Rs 1,000-crore package of the state government.Official data released last week show 45 suicides still take place every month. In the past 10 years, a total of 4,427 suicides took place in five districts. After an official loan-waiver scheme was supposed to have taken effect, 919...