-Frontline A recession-hit world is only just waking up to the prospect of the coming food crisis resulting in a period of political turmoil with unexpected consequences. For the third time in five years, the world is braced for another food crisis. Bad weather conditions are leading to projections of major production shortfalls in some of the world’s leading food suppliers. Substantially reduced access and sharp price increases are, therefore, expected to...
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Maharahstra, TN account for 36% of sub-standard drugs -Kounteya Sinha
-The Times of India Almost one in three drugs (36%) found "not of standard quality" from across India last year were from Maharashtra (23%) and Tamil Nadu (13%) alone. Around 9.2% of the rest of the sub-standard quality drugs were from Kerala, Gujarat (8.5%), Karnataka (7.2%), Uttar Pradesh (6.9%), Jammu & Kashmir (6.08%) and Rajasthan (5.8%). Union health minister Ghulam Nabi Azad said on Tuesday that of the 48, 082 drug samples tested...
More »Rice Exports may rise 15% as government scraps export floor price-Sutanuka Ghosal
-The Economic Times India's rice Exports are likely to jump as much as 15% this year after the government scrapped the minimum export price (MEP) of $700 per tonne. "India's annual basmati Exports will surpass last year's figure in the current fiscal," said Sumeet Saluja, managing director, Whitefields Overseas, which markets basmati under the brand name India Crown. Total rice shipments, including basmati and non-basmati, were 7.3 million tonne in 2011-12. Of this,...
More »Wheat Exports by private traders may be banned-Rituraj Tiwari & Madhvi Sally
-The Economic Times The government may ban wheat Exports by private traders under open general licence despite having enough stocks to feed the country for two years due to concerns about high global prices and the drought-like situation back home that has triggered a 20% rise in wheat futures in a month. "There are chances that private traders may divert all the available wheat in the market -- released at subsidised rates...
More »US politicians must regulate finance to tackle the drought and food-price crisis-Raj Patel
-The Guardian US leaders worked hard to tackle the 1930s drought and food crisis. Today they are supine, offering the hungry only prayers If you're wondering whether the US drought will create a global food crisis, the answer's easy. It's yes, because there's a food crisis already. The latest year for which we have figures is 2010, when 925 million people were declared malnourished. Soon after the number was announced, the World...
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