-The Economic Times KOLKATA: Prices of vegetables and spices have dropped up to 20% in the past month and are likely to remain low as higher output along with the brisk start to the monsoon has calmed the market. The drop in vegetable prices, on top of the global fall in various commodities from aluminium to zinc, is good news for policymakers as stubbornly high inflation has hindered moves to cut interest...
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Junk food hurting world economy, UN warns
-AFP ROME: The UN's food agency on Tuesday said obesity and poor nutrition weigh heavily on the global economy and told governments that investing in food health would bring big economic as well as social returns. Lost productivity and spiralling health care bills linked to malnutrition "could account for as much as five per cent of global gross domestic product (GDP)," equivalent to $3.5 trillion (2.6 trillion euros) a year, the Food...
More »Mutant wheat found growing in US fallow field -Suvodh Varma
-The Times of India A patch of wheat found growing in fallow field in Oregon, USA, has sent tremors across the world with some East Asian countries cancelling wheat import orders from the US, and the 27 member European Union to raise testing levels for US imports. The reason is that the wheat patch was found to be a genetically modified variety developed and tested by biotech giant Monsanto between 1999 and...
More »Misplaced largesse for food security-Kathyayini Chamaraj
-Deccan Herald The very first announcement made by Chief Minister Siddaramaiah on taking charge as the new CM is that the unit system under the Public Distribution System (PDS) would be scrapped and 30kg of rice at Re 1/kg would be given to each Below Poverty Line (BPL) household, irrespective of the size of the family. This is estimated to cost Rs 2,373 crore a year, almost double the estimated Rs 1,200...
More »Death in parched farm field reveals growing India water tragedy -Rakteem Katakey, Rajesh Kumar Singh and Archana Chaudhary
-Live Mint/ Bloomberg Conflicts between industry and farmers getting worse as water becomes more and more scarce Sachin Ingale slipped out of his family's two-room, white-painted mud hut about 4pm and walked into their farm field where the 22-year-old took a deep swig of pesticide from a plastic bottle. He died later that evening. Four months later, the mercury is pushing 50 degrees Celsius (122 degrees Fahrenheit) in his village in...
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