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Traders expect India to lift rice export ban by Amena Bakr

India should be able to lift the ban on non-basmati rice imports this year as a bumper crop is expected due to a positive outlook on monsoon rain, traders said on Tuesday. India, the world’s second largest exporter of rice after Thailand banned exports of non-basmati rice in 2008, as high prices of the grain put pressure on domestic supply. “India should come online this year as the harvest is expected to...

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States to have more voice in WTO matters by Amiti Sen

State governments will soon have a greater say in the stand the central government takes on key issues in the ongoing talks for opening up goods and services market in Global Trade at the World Trade Organisation (WTO). The commerce department will hold regular consultations with state government officials on delicate issues such as safeguards to protect agriculture against indiscriminate imports and shielding sensitive industrial-goods sectors from competition, a commerce...

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Emerging economies 'to enjoy food production boom'

The emerging economies of Brazil, India, China and Russia will enjoy an agricultural boom over the next decade as production stalls in Western Europe, a report says. Agricultural output in the Bric nations will grow three times as fast as in the major developed countries, the joint United Nations-OECD study said. Livestock and crop prices will stay above long-term averages, it added. And rising incomes and urbanisation in developing states...

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UN identifies strategies to accelerate development and poverty reduction

Development models that focus attention on the poor while expanding job opportunities, increased government spending on social services and aid flows from affluent nations are all successful strategies for alleviating global poverty, the United Nations says. Access to low carbon energy and mobilizing domestic capital by, for example, improving tax collection, are the other factors the UN Development Programme (UNDP) identifies in a new report as crucial factors for the...

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Almost 30% of food industry unaware of safety standards: Ficci

India, food safety and standards are neglected topic despite being directly related to public health. According to a survey conducted by Ficci, almost 30% of the respondents, bulk of whom were from the food processing industry, were unaware that Food Safety and Standards Act (FSSA) is mandatory to implement. The respondents were not even aware about the existence of such an Act. “This means that more capacity building and in-depth...

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