The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...
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Nagaland villagers pledge to protect migratory falcons -Pullock Dutta
-The Telegraph Jorhat: Villages near the Doyang hydroelectric project in Nagaland today pledged to protect amur falcons, which are killed every year during their brief visit to the area while migrating from Asia to southern Africa. The villagers trap and kill thousands of the migratory raptors for their meat when they visit the wetlands near the project site in the state's Wokha district between the end of October and beginning of November. Amur...
More »Food Security Bill a game-changer?-NC Saxena
-The Business Standard Food insecurity and hunger are rooted in bad policies, faulty design, poor governance and a lack of political will According to the latest Global Hunger Report, India continues to be in the category of those nations where hunger is "alarming". What is worse, despite high growth, the hunger index in India between 1996 and 2011 has gone up from 22.9 to 23.7. National Sample Survey Organisation data show that...
More »No Country For Countrymen -Arun Sinha
-Outlook As the Manmohan Singh government makes evident its unfriendliness to villages, the nation hurtles towards disaster. It's a danger no one wants to face. Prime Minister Manmohan Singh has been trying for years to make us believe that agriculture is a vast marshland in which a huge population is stuck ankle- to neck-deep and it is his duty to rescue them. "Our salvation lies in moving people out of agriculture," he...
More »Interest rates may fall as inflation slows to 3-year low
-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing relief for the politically beleaguered government. Lower interest rates would provide relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...
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