India needs to initiate a number of steps to manage the emerging situation.  After three consecutive good years, agricultural production has faltered in the last two years. There was a fall in production to the tune of 1.6 per cent in 2008-2009 compared to the previous year. This year, again, agricultural production is likely to be down by 2 per cent or more. The deceleration in the growth of foodgrain...

There has been no let-up in the rising trend of food prices. For the week that ended on November 28, the wholesale price index for food articles rose 19.05 per cent over the corresponding period last year. A week earlier, it was at 17.47 per cent. Indeed, arresting the price rise of essential commodities has been a challenge to the government for quite some time now. Some recent developments have...

Even as reports pour in of a softening of food price futures, the spectre of food price inflation haunts households across the country. But to imagine that the inflation genie can be put back into the bottle through legislative fiat is the height of parliamentary fantasy. The Estimates Committee of the Lok Sabha has recommended just that! It wants new legislation to check price rise of essential commodities by capping...

The G8 countries have promised to increase the spending on agricultural development by $20 billion over the next three years. The amount is woefully less than the $44 billion that will be needed each year to end malnutrition.  At the world leaders’ meeting in Copenhagen, it is imperative that governments pledge to adopt up-to-date technologies to boost food production as well as outweigh the negative impacts of climate change. A...

The President of International Fund for Agricultural Development stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Just days before the UN Climate Change summit at Copenhagen, Kanayo Nwanze, President of IFAD (International Fund for Agricultural Development), stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Nwanze was...