The world population is estimated to reach nine billion by 2050. The Food and Agriculture Organisation (FAO) estimates that global food production needs to increase 70 per cent by 2050 compared to average 2005-07 levels to feed the rising global population. Clearly, a large part of the consumption will happen in India and China; which would require an additional 1.6 billion hectares of land to be brought into cultivation compared to...
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Jairam Ramesh for minimum support price for minor forest produce by Urmi A Goswami
In an effort to wean away tribals from the Maoists, the Environment Ministry is pushing for a minimum support price for minor forest produce like bamboo and tendu patta. Environment Minister Jairam Ramesh is taking up the matter with Finance Minister Pranab Mukherjee . A minimum support price (MSP) for minor forest produce (MFP) would help increase the earnings of the tribal population. At present, the more valuable items of minor forest...
More »Parties ask UP Govt to consider wheat export by Arvind Singh Bisht
With wheat production expected to touch a new high during the ongoing Rabi season, a demand for its export has gained ground in UP. The export, is seen as the only way to help ease the problem of plenty and also to ensure remunerative prices to farmers. Incidentally, India's overall wheat production is also estimated to go up substantially. This comes at a time, when there is a global slump with...
More »Taming international food inflation by Anwarul Hoda
What can make a real difference to food prices is determined international action to increase food production in regions that are richly endowed with land and water resources High food inflation has been the source of major concern in India for more than a year. Soaring food prices have been the cause of unease internationally as well. A Food and Agriculture Organisation (FAO) press release of 3 March, 2011 indicates that...
More »Farmers and food prices
Even as concerns are emerging about generalised inflation gripping the economy, with reports of rising wage rates, food price inflation remains the citizen’s core concern. Macroeconomic authorities have been chasing a variety of targets – monetary, fiscal and supply-side constraints – to get a better grip on prices. It is often hoped that higher prices would translate into increased production since farmers would respond positively to price signals. What then...
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