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Fighting food inflation

-The Hindu     The government believes that the expectation of a poor monsoon and consequent fall in harvests has encouraged traders and middlemen to hoard food staples such as onion and potato. For a government that rode to power on the back of widespread dissatisfaction among people over runaway prices, especially of food commodities, the rising cost of onion and potato are posing a major challenge now. Though there is no reason to...

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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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Kerala village to implement UN family farming year -Sham Mohammed

-The Deccan Chronicle Kollam (Kerala): Kulasekharapuram, a small panchayat on the border of Kollam district is all set to implement the United Nation's call to observe 2014 as International Family Farming Year, raising the slogan of self-sustainability in food production. The panchayat has two villages, Adinad and K.S. Puram and as many as 12,230 families in 23 wards. The agricultural office of the panchayat had identified the fact that extensive cultivation alone...

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Farmers hope for rains in next two weeks -Rajendra Jadhav

-Live Mint The slow monsoon may hurt crop yields and cut farmers' returns, especially in states such as Maharasthra and Gujarat Lasalgaon, Maharashtra: Pramod Patil's 40-acre field in Lasalgaon usually turns green around now with germinated soybean and corn seeds, but this year he has yet to begin planting because of scanty monsoon rains in Maharashtra. Like 27-year old Patil, millions of Indian farmers are hoping rains will strengthen in the next...

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