The sixth meeting of the National Advisory Council, chaired by Congress president Sonia Gandhi, Saturday finalised its recommendations to address the problems of hunger and malnutrition in the country. Some of the important recommendations: - Legal entitlements to subsidised foodgrains should be extended to 90 percent rural population and 50 percent urban population. - The priority households should have a monthly entitlement of 35 kg at a subsidised price of Re.1 per kg...

Protecting the rights of land users from speculation, stepped up production of agrofuels and population growth is vital to combat global hunger and malnutrition, an independent United Nations expert said today. “Pressures on land are increasing as a result of speculation on farmland, the expansion of agrofuels production, and demographic growth in rural areas,” Special Rapporteur on the right to food Olivier De Schutter noted. “In this context, moving swiftly towards protecting...

The spectre of a global food crisis has reared its head again. Soaring corn prices, which on Monday recorded their biggest one-day rise since 1973, have triggered fears of a return to the turmoil of 2007-2008. Far-reaching measures are needed to prevent a recurrence. Rising prices over the last decade are in part the result of burgeoning demand from emerging markets such as China and India. The emergence of commodities as...

Reports of a possible global food crisis could not have come at a worse time for India. Food inflation is still over 16% and though plentiful rains this year hold out the promise of one of our best agricultural years ever , last week’s warning by the US administration of ‘dramatically’ lower supplies of corn, rice and wheat could force the RBI to tighten more than otherwise warranted in order...

Want to invest in West Bengal? Try agriculture—that was the message from chief minister Buddhadeb Bhattacharjee to captains of industry at a CII National Council meeting here on Wednesday. At a roundtable with industry heads, including ITC chairman YC Deveshwar, Godrej Group chairman Adi Godrej and Pepsico India chairman Sanjeev Chadha, the Bengal chief minister shed his aggressive stance on industry, visible in the run-up to Singur, and said corporates...