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...
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Speculation and the economics of hunger by Biraj Patnaik
A recent report of the UN Special Rapporteur on the Right to Food, Olivier de Schutter, provides a damning indictment of the role of speculation in food commodities in fuelling the global food crisis. The report – 'Food Commodities Speculation and Food Price Crisis – was released on the eve of an emergency meeting of the UN-FAO on the instability in agricultural markets. The global food crisis in 2007-08 led to...
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 »NE farmers fail to avail loan: Pawar
Union Minister for Agriculture Sharad Pawar today expressed unhappiness over non-availing of agricultural loan by the farmers of the North-Eastern States in the way it was expected, which he feels has hampered investment and finally the overall agricultural production of the region. "Though the Centre has doubled the agricultural credit amount recently and Centre has been able to disburse Rs 3, 50,000 crore this year, the North Eastern States have not...
More »Gains of Green Revolution at risk: Report
Sixty-five per cent of hungry people in the world live in Asia, according to a new report on Food Security, which also warns that the gains of the Green Revolution could be at risk due to declining trends in agricultural research and rural investment.The report prepared by a group of researches led by noted agriculture scientist M S Swaminathan, who is also known as the father of India's Green Revolution,...
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