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More bad news for farmers -Ravi Ananthanarayanan

-Livemint.com The World Food Price Index in August fell to its lowest level since May 2009 Indian farmers are not going to like this. The World Food Price Index, compiled by the United Nations’ Food and Agriculture Organization, in August fell 5.2% to 155.7 points from the previous month. That’s the lowest level since May 2009. The fall comes in the backdrop of an all-round decline in commodity prices. The cereal price index...

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Destruction of US credibility at WTO -Timothy A Wise and Biraj Patnaik

-Livemint.com It is hypocritical of the US to give price support to its farmers while denying it to the world’s poorest farmers The tenth ministerial conference of the World Trade Organization (WTO), to be held in Nairobi on 15-18 December, is already mired in discord, with negotiators unable to agree on a mandated post-Bali work programme. At issue are US and European Union (EU) proposals to scrap the texts agreed to thus...

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Dr. Vikas Rawal, Associate Professor at the Centre for Economic Studies and Planning, at Jawaharlal Nehru University, New Delhi, speaks to FAO

-FAO September’s post-2015 development agenda summit of heads of state and government may well attract global headlines this year, but much of the really significant work is being executed behind the scenes. As statisticians lock heads to come up with a workable indicator framework to measure and monitor the ambitious Agenda, Vikas Rawal, Associate Professor at the Centre for Economic Studies and Planning, at Jawaharlal Nehru University, New Delhi, describes the make-up...

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Lifting of Iran sanctions boon for basmati -Dilip Kumar Jha

-Business Standard Export to Iran might hit a record high Lifting of global economic sanctions on Iran could, it is hoped in the trade, enable a new record for basmati rice export to that country from here in 2015-16. Iran is also expected to cut import duty on Indian basmati from 40 per cent now to 20 per cent from the new season, starting October. Our basmati export was a record 1.44 million...

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India needs to invest $74 billion per year to end hunger by 2030: UN -Sayantan Bera

-Livemint.com An average of $267 billion is required annually at the global level to eliminate hunger, says a report by three UN bodies New Delhi: India will need to spend $74 billion, or double what it currently does, in social protection programmes, rural development and agriculture annually over the next 15 years to eradicate hunger by 2030, according to a new UN report. An average of $267 billion is required annually at...

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