Ample monsoon rains and higher prices of farm goods are likely to lift Indian fertiliser demand in 2010/11 by 13 percent to a record 60 million tonnes, testing local fertiliser makers' ability to raise output in sync with the demand, industry officials said. India's June-Sept monsoon rains, a key factor in determining food grain production and fertiliser demand in the country, were 2 percent above normal in the current year, weather office data showed....
More »SEARCH RESULT
NAC plan fails to pass muster with ministry by Liz Mathew
The department of food and public distribution has rejected both proposals of the National Advisory Council (NAC) to provide food security, saying the government risked running up against supply constraints and taking on an unsustainable fiscal burden. The rejection by the ministry of consumer affairs, food and public distribution means that both NAC, headed by Congress party president Sonia Gandhi, and the government will have to go back to the drawing board...
More »Six ministries to decide on FDI retail by Anindya Upadhyay
An inter-ministerial panel will decide on the contentious issue of opening organised retail to foreign investment after examining stakeholder feedback to the discussion paper put out by the government. “A panel of six ministries was constituted on September 27, which will be chaired by Kewal Ram, senior economic advisor in the consumer affairs ministry,” a government official told ET. The committee will have representation from the department of industrial policy and promotion,...
More »Rotting grain & judicial transgression by Ashok Khemka
The mountainous state-owned food stocks lying in the open and rotting in the rain are in stark conflict with a failing public distribution system , hunger, malnutrition and high food prices. The poor management of food stocks provoked the Supreme Court to transgress into executive domain when, on August 12, the court made certain directions like limiting procurement to covered warehousing capacity and distributing the rotting foodgrains free of cost...
More »UN urges long-term solutions to help countries with protracted food crises recover
Natural disasters, conflict and weak institutions have thrust 22 countries into recurring food crises and high prevalence of hunger, two United Nations agencies said today in a report on food insecurity around the world, calling for longer-term solutions to help those States recover their productive capacity. Chronic hunger and food insecurity is the most common characteristic of a protracted crisis, according to the report, the “State of Food Insecurity in the...
More »