-The United Nations The United Nations agencies working to combat hunger today called for action to ensure long-term food security as a new report shows that high food prices are likely to continue and possible increase over the next decade. “The State of Food Insecurity in the World 2011,” an annual flagship report which the three Rome-based agencies jointly produced this year, states that small, import-dependent countries, particularly in Africa, are especially...
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Formula to cut inflation by Sreelatha Menon
When activists of the Right to Food campaign attacked Planning Commission Deputy Chairman Montek Singh Ahluwalia over the Rs 32 per capita per day cut-off for poverty line, Vijay Jawandhia — a farm activist from Vidarbha — asked a counter question: “Why are you happy with a minimum wage of Rs 100 per labourer per day under the National Rural Employment Guarantee Act (NREGA), when salaries have been revised several...
More »Industry chambers, mining bodies oppose new Bill
-The Hindu ‘The mechanism for compensating the affected people is not clearly defined and has many limitations' Industry chambers led by Confederation of Indian Industry (CII) and FICCI on Friday sought a review of the Mines and Minerals (Development and Regulation) Bill, 2011 approved by the Union Cabinet stating that the industry was concerned on royalty, profit sharing and the methodology of providing assistance to project-affected persons. In a statement here, Rana Som,...
More »Even Food Minister's home State misses deadline on Food Security Bill by Gargi Parsai
With only a few States having sent in their comments on the Food Ministry's draft National Food Security Bill, 2011, till the closing date on Friday, the Centre is planning to extend the date by a month or two, official sources said. Despite Minister of State for Food and Consumer Affairs K.V. Thomas having written to all States and Union Territories last week to send in their comments, not even his...
More »India needs to curb food wastage to tackle inflation: World Bank
-The Hindu Business Line Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...
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