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Food prices decline for third straight month – UN agency

-The United Nations Global food prices dip for a third consecutive month in June following a ten-month surge, the United Nations agriculture agency said today. The UN Food and Agriculture Organization's (FAO) price index- which measures monthly changes in the global price of a basket of meat, dairy, cereals, oils and fats, and sugar- averaged 206.0 points in June 2014, down 3.8 points (1.8 percent) from May and nearly 6 points (2.8...

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Rural job scheme caused price rise: Govt -Shishir Sinha

-The Hindu Business Line     Facing criticism for rising prices, the Modi Government has blamed public expenditure on schemes such as MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) for fuelling food inflation. Curiously, the BJP wants the job scheme to continue, with the focus mainly on agriculture. According to the agenda note circulated for Friday's Conference of State Food Ministers with the Centre, food inflation is caused by both demand and supply...

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Making agriculture remunerative -Ashok Gulati, Nidhi Satija & Bhavik Lukka

-The Financial Express Unless we get it right on the markets front, including opening up of exports, farmers cannot get their full due One of the key objectives of agricultural price policy in India is to ensure that agriculture remains a remunerative occupation so that farmers are incentivised to adopt modern technologies that help raise productivity and overall production of various crops in the country broadly in line with the emerging demand...

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Rice Prices May Rise Due to Lack of Rains in Andhra Pradesh -Uma Sudhir

-NDTV Hyderabad: The first month of monsoon has turned out to be the worst in years for farmers, especially in coastal Andhra Pradesh that has had very little rain because of a truant southwest monsoon. Hardly 30 per cent sowing has been done so far and with no rains, even that has dried up. Consumers are bound to be left high and dry with food prices rising steeply. We met Kittappa,...

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PDS rice and wheat consumption has doubled in rural India: NSSO -Jitendra

-Down to Earth Reforms in public distribution system and increase in number of people covered by it could be the reasons, say experts The latest data released by the government on household consumption patterns shows a decline in rice consumption and increase in consumption of wheat since 2004. In the meantime, consumption of rice and wheat made available through the public distribution system (PDS) has increased significantly, according to the survey report...

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