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Economies will perform better with more even income distribution–UN report

-The United Nations A new United Nations report advocates that governments use fiscal and labour market policies to reduce income inequality, maintaining that this not only leads to social benefits but will spur economic growth and development. Produced by the UN Conference on Trade and Development (UNCTAD), the Trade and Development Report 2012 says that recent experience, especially in Latin America and other developing countries, suggests that progressive taxation and rising public...

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Foodgate: Massive failures of policy have dented markets for sugar and wheat

-The Economic Times While India frets about coal block allocations, massive policy failures have hit people where it hurts most: the stomach. While granaries are overflowing and sugar piling up, one would have expected the prices of sugar and flour to fall, or remain stable. Instead, since mid-July, wheat prices are up 20% across the country and flour prices have also shot up. For sugar, whose prices are up 12% from mid-July,...

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Designing food systems to protect nature and get rid of hunger -Vandana Shiva

Industrialisation of agriculture creates hunger and malnutrition, destroying the food web to which we all belong. Hunger and malnutrition is manmade. It is in the design of the industrial chemical model of agriculture. And just as hunger has been created by design, producing healthy and nutritious food for all can be designed through food democracy. That is what we do in Navdanya. That is what the diverse movements for food sovereignty...

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Whole world can get food if fertilizers and water used more wisely: Study -Subodh Varma

-The Times of India India's wheat and rice production can be increased by over 60 percent, sugarcane production by 41 per cent and cotton production by 73 per cent by 2050 - without cutting down forests or increasing farmed area in any other way. Sounds like a dream? A study, published in the scientific journal Nature last week, shows that this is indeed possible. In fact it is possible to feed the...

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We'll make a killing out of food crisis, trading boss boasts-James Cusick

-The Independent Drought is good for business, says Glencore chief The United Nations, aid agencies and the British Government have lined up to attack the world's largest commodities trading company, Glencore, after it described the current global food crisis and soaring world prices as a "good" business opportunity. With the US experiencing a rerun of the drought "Dust Bowl" days of the 1930s and Russia suffering a similar food crisis that could see...

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