The recent spike in world food prices has further widened the gap between the developed and the developing economies. While, over 70 per cent of the world's population resides in poor countries, it has access to less than 40 per cent of the world's resources such as water, irrigated land, power, etc. This is a result of inconsistent economic progress (post-colonialisation birth pangs), rampant population growth and distractions such as...
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UN food standards body sets new limits for melamine in food
In an effort to help prevent dangerous contamination of food with melamine, a toxic chemical, the United Nations food standards body today set new limits for the amount of the substance that can be present in baby formula, other foods and animal feed without causing health problems. The maximum melamine allowed in baby formula was set at one milligram (mg) per kilogramme (kg) and 2.5 mg/kg in other foods and...
More »Controlling Inflation by Dipankar Dasgupta
The Union budget estimates the nominal rate of growth for the Indian economy to be 12.5 per cent during the current fiscal. While it is impossible to figure out the manner in which this number was arrived at, the government has predicted further that the inflation-adjusted real growth rate for the same year will be eight per cent. Simple arithmetic requires that the difference between the nominal and real growth...
More »River water nod to 45 companies
The Orissa government today confirmed that at least 45 companies had been allowed to draw water from rivers, seeking to balance the demand for industry and that of farmers who fear their source of irrigation might dry up. The state government has so far signed memoranda of understanding with 86 companies, of which 45 have been given the right to draw water. Many of the companies deal in power generation, for...
More »“Agroecology outperforms large-scale industrial farming for global food security,” says UN expert
“Governments and international agencies urgently need to boost ecological farming techniques to increase food production and save the climate,” said UN Special Rapporteur on the Right to Food, Olivier De Schutter, while presenting the findings at an international meeting on agroecology held in Brussels on 21 and 22 June. Along with 25 of the world’s most renowned experts on agroecology, the UN expert urged the international community to re-think current agricultural...
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