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World food prices may rise from 31-101% by 2050

A projected global population of 9 billion concentrated mostly in the developing world and a higher income level alone are enough to put pressure on world’s supply of food grains. But with changes in temperature levels and rainfall pattern beyond an acceptable limit on account of climate change, the pressures on food prices can be expected to enormous. World prices of staple food grains are projected to rise from anywhere...

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Farmers stop repaying loans taken during 2008-2010 by KV Subramanya

Agricultural Debt Wavier and Debt Relief Scheme (ADWDRS-2008), which was introduced by the Union Government in 2008 to provide debt relief to farmers, has backfired in Chickballapur district. Under the belief that the Government would come out with a similar debt wavier/relief scheme in the future, a majority of farmers have stopped repaying fresh agricultural loans they have taken during 2008-09 and 2009-10, subsequent to the implementation of ADWDRS-2008. Thereby, many farmers,...

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"Perfect Storm" Spurred 2007-08 Food Crisis, Study Says by Matthew O Berger

Rising food prices have not yet reached crisis levels but they are expected to remain very volatile for about the next decade, researchers said Thursday. The conclusions were based on a new study of the factors that contributed to the 2007-08 food crisis, which researchers hope will shed light on what actions might be taken to avoid food crises in the future. "There were many suspects for what caused the crisis, but...

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Rice output to rise 12%: FAO by Dilip Kumar Jha

India’s rice output is likely to rise 12.36 per cent this year, on favourable pattern of monsoon and higher acreage area, according to the United Nations’ Food and Agriculture Organisation’s (FAO’s) latest food review forecast released yesterday. The agency estimated India’s total milled rice output at 100 million tonnes (mt) this year, as against 89 mt the previous year. Global rice production is estimated to reach 467 mt, compared with 472...

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Obama Visit and Indian Agriculture: Profit Surge for American MNCs and Peril for Indian Farmers! by Vijoo Krishnan

A lot has been said and written about the visit of Barack Obama, the President of USA to India. The corporate media was in the usual over-enthusiastic drive to bring to its readers and viewers all minute details about his visit from where he stayed and what he ate to how many warships, planes and cars accompanied him and how a whopping $200 million was spent per day for the...

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