-The Telegraph Costlier food items carried inflation up to 7.55 per cent in May, and the price situation could get aggravated further by the government’s decision to raise the minimum support price of paddy, oil seeds and pulses. However, the Cabinet Committee of Economic Affairs (CCEA) deferred a decision to raise urea prices because of opposition by some ministries. Inflation in May last year stood at 9.56 per cent. Overall food inflation rose to...
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As Grain Piles Up, India’s Poor Still Go Hungry-Vikas Bajaj
RANWAN, India — In this north Indian village, workers recently dismantled stacks of burned and mildewed rice while flies swarmed nearby over spoiled wheat. Local residents said the rice crop had been sitting along the side of a highway for several years and was now being sent to a distillery to be turned into liquor. Just 180 miles to the south, in a slum on the outskirts of New Delhi, Leela...
More »Climate change threatens agriculture, but genomics comes to rescue-Hari Pulakkat
-The Economic Times Kulvinder Gill, professor of breeding and genetics at the Washington State University in the US, describes himself as a dreamer and an optimist. One of his dreams is to make sure food production does not decline over the next few decades, when increasing temperatures act on the yields of major crops. Specifically, he is beginning a project with six other organisations in India to make wheat less sensitive to...
More »UN food price index registers sharp drop in prices during May
-The United Nations The United Nations today reported a sharp drop in global food prices during May owing to generally favourable supplies, growing global economic uncertainties and a strengthening of the United States dollar. The monthly food price index of the Food and Agriculture Organization (FAO) averaged 204 points in May, down 9 points from April, the agency said in a news release. This was the lowest level since September 2011. The index...
More »Global food prices down on record high production: FAO
-The Business Standard The FAO Food Price Index fell by 4% in May Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today. The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4%...
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