“If countries impose export ban, import duty, there will be an inflationary trend” The outlook for global wheat production is still positive Restrictions can cause inflationary trend on food prices in 2011 and 2012 The drought in Russia and the floods in Pakistan that have affected wheat production will impact food prices as in 2007-08, says a senior official of the World Food Programme. WFP Deputy Executive Director Ramiro Lopes da Silva says: “The...
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Jatropha Boom Yields Tough Lessons by Manipadma Jena
With a gas-guzzler of an economy, India had been spending tens of billions of dollars annually to import petroleum. And so its 2009 policy on biofuels mandated that by 2017, India would have enough biofuel production to cover at least 20 percent of the country’s oil consumption. The government has in fact been encouraging the cultivation of jatropha curcas for the past seven years, believing that would be the fastest way...
More »The backlash begins against the world landgrab by Ambrose Evans-Pritchard
The neo-colonial rush for global farmland has gone exponential since the food scare of 2007-2008. Last week's long-delayed report by the World Bank suggests that purchases in developing countries rose to 45m hectares in 2009, a ten-fold jump from levels of the last decade. Two thirds have been in Africa, where institutions offer weak defence. As is by now well-known, sovereign wealth funds from the Mid-East, as well as state-entities from China,...
More »Indian farmers' visit America's biggest farm show by MJ Prabu
Croplife International, Crop life Asia and the Association of Biotechnology led enterprises special Interest group of Agri Biotechnology (Able-sigab) invited a delegation of Indian farmers to participate in a farm progress show held in Iowa, U.S., recently. The annual farm show being held for nearly last 55 years, holds a reputation as a U.S. premier farm show. Every year the show is held in different parts of America. India lags behind Mr. K.K....
More »Business Class Rises in Ashes of Caste System by Lydia Polgreen
Chezi K. Ganesan looks every inch the high-tech entrepreneur, dressed in the Silicon Valley uniform of denim shirt and khaki trousers, slick smartphone close at hand. He splits his time between San Jose and this booming coastal metropolis, running his $6 million a year computer chip-making company. His family has come a long way. His grandfather was not allowed to enter Hindu temples, or even to stand too close to upper-caste...
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