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France, others eye slice of Indian harvest

The wheel has turned a full circle. India, which was synonymous with hunger and malnutrition in the West, is now being called upon to export from its pile of food grain to ease the shortfall in overseas markets. French Food, Agriculture & Fisheries Minister Bruno Le Maire broached the issue during a meeting with KV Thomas, India's minister of state for food and agriculture, last week. The issue is expected to be...

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Sharp hike in MSP for pulses proposed

Higher support prices for kharif pulses has resulted in a sharp jump in acreage under cultivation and production is estimated to rise to 6 million tonnes in the kharif season of the 2010-11 crop year The support price for wheat is likely to be hiked by a nominal Rs 20 in the rabi season, but the procurement rate for pulses could go up sharply, as the government wants to reduce dependence...

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Ideal time to export surplus food stocks, say economists by Devika Banerji

Blame stubborn procurement policy as the root of all evil. With the government sitting on heaps of foodgrain and with an acute shortage of quality storage facilities, analysts, some within the government, suggest exporting foodgrain and reviewing procurement policy. The suggestion is gaining ground among advisors and experts, given the current global situation, where wheat prices are on the rise on fears of subdued production in drought-hit countries like Russia, Uzbekistan and...

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Spiralling food prices burning holes in pockets by Aditya Raj Das

As the common man continues to reel under the spiraling rise in prices of essential commodities especially key food items and vegetables the forever-rising food inflation is posing a serious challenge to policy makers. Though top government officials, including the Finance Minister and the Chairman of the Planning Commission have repeatedly assured that the food prices will soon stop rising, in reality it has gone the other way.   The rising spree...

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Price Spikes Raise Spectre of Another Food Crisis by Matthew O Berger

While global food prices declined for the first half of this year, they have spiked in recent months, according to a new World Bank publication, and this volatility could in turn push up the local food prices of the world's poorest and most malnourished countries. The Bank's grain price index had declined by 16 percent over the first six months of 2010 before rising that same amount between mid-June and August....

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