That Indian firms, some of them backed by the government, have gone scouting for land abroad to farm crops for consumption back home is well-known. Reversing the trend, now many Gulf countries are getting a toehold in India that will allow them to farm here and export the food back. A Bahraini firm, the Nader & Ebrahim Group (NEG), recently tied up with Pune-based Sanghar Group to do exactly that....
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Nine parties to launch nationwide agitation against price rise
“Government callous to plight of people groaning under spiralling prices of food items” Nine political parties, including four Left parties, on Thursday announced a week-long nationwide agitation against price rise. The United Progressive Alliance government was callous to the plight of people groaning under spiralling prices of food items, they alleged. “We have decided to jointly conduct a week-long agitation against the price rise from February 3 to 9. During the...
More »New age of intervention in food prices by Rowena Mason
In India, people are upset about onions. Expensive cooking oil is causing hoarding in China, a practice banned by the government. Meanwhile, flour and bread are the main source of riots in Algeria and now Jordan. Worries over food prices are gathering pace and triggering alarm among politicians across the world. For there is nothing more likely to bring down a government than ignoring starving citizens, as Marie Antoinette found to...
More »World Food Prices Expected to Stay High or Keep Rising by Steve Ember
Economists across the world are expressing concern about rising food prices. The United Nations Food and Agriculture Organization recently released its Food Price Index. The list showed that a number of foods cost more than during the world food crisis of two thousand eight. The index is at its highest level since it began in nineteen ninety. Demonstrations and deadly food riots have broken out this month, as they did in...
More »Suspend onion imports for 10 days, NCCF tells government by Gargi Parsai
Even as the price of onions remained high in domestic retail markets, the National Cooperative Consumers Federation of India (NCCF) on Monday urged the government to suspend the import of the vegetable for 10 days, by when the prices are expected to fall due to better arrivals. “The recent import of onions from China and Pakistan has created panic among our farmers, and many of them have started harvesting the crop...
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