-The Business Standard   Remember the food riots of 2008? Is the world heading towards another food crisis? That, worryingly, seems to be the conclusion that a new publication on food prices and availability in the next decade (2011-20), issued jointly by the Organisation for Economic Cooperation and Development (OECD) and the United Nations Food and Agricultural Organisation (FAO), arrives at. The OECD-FAO report forecasts agricultural commodity prices, in real terms,...

Ensuring food security to all is one of India’s top policy agendas today. Given a large mass of poverty in the country, it is not surprising and no one would perhaps disagree with the need to achieve this as soon as possible. But the varied policy instruments that can be used towards achieving this goal draw sharp differences among the stakeholders. What is food security? The World Food Summit of 1996...

From the Middle East to Madagascar, high prices are spawning land grabs and ousting dictators. Welcome to the 21st-century food wars. In the United States, when world wheat prices rise by 75 percent, as they have over the last year, it means the difference between a $2 loaf of bread and a loaf costing maybe $2.10. If, however, you live in New Delhi, those skyrocketing costs really matter: A doubling in...

The Posco project has turned into a political hot potato with the two main Opposition parties trying to extract as much out of it as possible, hoping the Rs 51000 crore project turns into another Singur. At a time when Naveen Patnaik government finds itself embroiled in a number of unsavoury controversies, including horse trading during the Rajya Sabha elections, the Congress and the BJP are looking to deliver the coup...

The first casualty of the new policy could be NTPC’s proposed plant in Burdwan district West Bengal chief minister Mamata Banerjee may soon announce a new land use policy which says the government will not acquire land for industrial projects, leaving it to project promoters to do so. “They (companies) operate in a market economy, so must deal with market forces. They shouldn’t ask the (state) government to acquire land for them,”...