World cereal output is expected to rise this year to near-record highs, swelling overall supplies and putting pressure on already weakened prices, the Food and Agriculture Organisation (FAO) said on Thursday. The global wheat output is expected to fall for the third consecutive year, but at 676.5 million tonnes, it would still be close to record levels, the UN’s food agency said, revising its earlier forecast for 2010. Overall cereal output is...
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Ensuring food security for all by Pradeep S Mehta
The National Food Security Bill, 2010 that aims to provide subsidised foodgrain to the very poor is welcome, but its definition of ‘food security’ is too narrow. The Rome declaration on World Food Security (at the World Food Summit in 1996) states that “we, the heads of state and government ... reaffirm the right of everyone to have (physical and economic) access to safe and nutritious food, consistent with the...
More »Fertiliser sector reforms will attract fresh investments
The fertiliser sector in India has been through difficult times in recent years. Stagnant production, no fresh investment and poor financial health of the units were accompanied by high level of import, imbalanced use of nutrients and deteriorating soil health. Mounting subsidy bill posed a serious fiscal management problem to the government. Industry has been pursuing with the government for appropriate reforms to ensure health and growth for both the...
More »Public funding must in GM foods: Ramesh
THERE is a need for a large-scale publicly funded biotechnology programme in agriculture to end the monopoly of the private sector, Environment Minister Jairam Ramesh has said in view of widespread opposition to genetically-modified Bt brinjal. “I think public sector investment in strategic areas particularly in genetically modified (GM) agriculture is absolutely crucial for instilling public confidence because of the seed issue. We don’t want the GM food to end...
More »$150m fund for out-of-box innovations by Charu Sudan Kasturi
India is setting up a $150-million corpus using funds from the World Bank, European Union and the UK government’s Department for International Development to hatch innovative strategies to universalise secondary education. Called the National Innovation Fund, the corpus will provide financial support to out-of-the-box projects for which budgetary funds cannot be used because of the risk of failure, top government officials have told The Telegraph. “Think of the fund like a...
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