The rise in food prices, with inflation at 9.06% in May, is more teary a problem than onions suggest. Macroeconomics managers, who safely steered the economy through the downturn, are perhaps grappling with the biggest economic crisis- persistently high food prices. Rising food inflation driven by costlier fruits and protein-based items such as milk, egg, meat and fish is putting policy makers in a spot of bother. Prices are not under...

Conditional cash transfers are necessary but not sufficient for improving health. Good government-funded health care is essential, as are schemes which address social determinants of health. The march of capitalism, with its reduced emphasis on public spending, while improving many national economies has also widened the gap between the rich and the poor. For millions of Indians, hunger is routine, malnutrition rife, employment insecure, health care expensive and livelihoods are under...

-The United Nations   An estimated 10 million people across the Horn of Africa are facing a severe food crisis following a prolonged drought in the region, with child malnutrition rates in some areas twice the emergency threshold amid high food prices that have left families desperate, the United Nations reported today. In some areas of Djibouti, Ethiopia, Kenya, Somalia, Ethiopia and Uganda, drought conditions are the worst in 60 years, the...

Prime Minister Manmohan Singh will chair the full-fledged meeting of the Planning Commission next month to approve the ‘Approach Paper' to the 12th Five Year Plan (2012-17) that is likely to focus on raising economic growth to 9-9.5 per cent. Officials in the Finance Ministry said the approach paper would provide the broad framework of the government policy to be pursued in the five-year period to achieve the desired growth rate....

-The United Nations   The United Nations today declared that the world has completely eradicated a cattle disease that has killed millions of bovines for millennia. It is the first animal disease to be officially declared eradicated – and only the second disease ever, after smallpox. A resolution approved by the UN Food and Agriculture Organization (FAO) at its meeting in Rome today stated that the world was free of rinderpest, or...