-The United Nations The United Nations today reported a sharp drop in global food prices during May owing to generally favourable supplies, growing global economic uncertainties and a strengthening of the United States dollar. The monthly food price index of the Food and Agriculture Organization (FAO) averaged 204 points in May, down 9 points from April, the agency said in a news release. This was the lowest level since September 2011. The index...

Islamapur, Nalanda: One family builds a house that has no walls, no doors, just a bizarre semi-circular curved strip buried in the sand; another builds a thatched house with no approach road so everyone has to sleep by the side of the highway and cook in the open. And 70 other families don’t know what to do because all the plots they got last November — to build their homes...

-The Business Standard   The FAO Food Price Index fell by 4% in May Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today. The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4%...

-The Business Standard MSP for forest produce may not work The government’s proposal to set up a minimum support price (MSP) commission to fix assured prices for minor forest produce has pros as well as cons, which need to be weighed carefully before a final call is taken. The proposal envisages the forest MSP panel as having its own elaborate establishment, allowing it to set minimum prices for non-timber forest produce while...

In a major shift in policy, the Centre now plans to confine food entitlement only to below poverty Line (BPL) households and completely exclude the existing category of the above poverty line families. This is one of the significant changes proposed in the National Food Security Bill which is currently being considered by the Parliamentary Standing Committee. Under the plan envisaged by the Centre, the task of identifying the BPL families will...