-Reuters Sitting at the edge of fields in the heart of India's grain bowl, Gurdayal Singh Malik shakes his head in resignation about the lack of workers needed for his 60-acre farm, blaming the government's flagship welfare program, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), for the shortage. Ever since the start of the program, which guarantees 100 days of work a year for rural households, the flow of...
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Food ministry to step up procurement for proposed Food Law
-PTI The food ministry plans to augment wheat and rice procurement by 10 million tonnes to meet the expected demand for 70 million tonnes of foodgrain under the proposed National Food Security Act . "We have to increase the foodgrain procurement to 70 million tonnes in order to meet the requirement under the proposed bill," according to a senior official. The government buys around 60 million tonnes of wheat and...
More »AP farmers on crop holiday in key sowing season
-The Economic Times It's promising to be a tumultous kharif sowing season notwithstanding the massive food grain stocks with the government which is forcing down farmer produce prices countrywide. Early arrival of a forecast normal to good monsoon should have ordinarily enthused farmers to increase the acreage under key summer sown crops this season. But, in protest against the Centre's persisting anti-farmer policies, small and marginal farmers in some villages...
More »World food prices to remain high by Dilip Kumar Jha
FAO forecast of generally tight situation for most crops and commodities over next 18 months. Consumers are unlikely to get relief from high food prices till December 2012, despite a modest increase in global foodgrain production. High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012, says a report of the Food and Agriculture Organisation of the United Nations. The next few months...
More »World food prices set to remain high-FAO
High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012 according to the latest analysis published today in FAO's biannual Food Outlook. The report cites a sharp rundown on inventories and only modest overall production increases for the majority of crops as reasons for continuing strong prices. The next few months will be critical in determining how the major crops will fare this...
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