World cereals output is expected to rise this year to near-record highs, swelling overall supplies and putting pressure on already weakened prices, the UN’s food agency said on Thursday. The global wheat output is forecast to fall for the third consecutive year, but at 676.5 million tonnes it would still be close to 2008 record levels, the Food and Agriculture Organization (FAO) said, raising its earlier forecast for 2010. Overall cereals output...
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‘Iron’ic? Story of the Great Indian Loot by Shankar Raghuraman
Take a look at the accompanying map and you can’t but notice the extent of overlap between India’s thickly forested areas, the regions with the bulk of the country’s most important mineral wealth and the territory over which Maoists are dominant. Is this just a coincidence? No, that would stretch credulity. So what connects the Maoist menace with forests and mining? Clearly, forests give a guerilla force its best chance...
More »NAC Chief Sonia scores on Food Bill by AM Jigeesh
THE NATIONAL Advisory Council ( NAC) headed by UPA chairperson Sonia Gandhi has scored its first victory — a change in the proposed Food Security Bill that raises the monthly allocation of foodgrains to the poor from 25 kg to 35 kg at Rs 3 a kilo. The draft Bill, approved by the empowered group of ministers ( EGoM) recently, had offered 25 kg of foodgrains to those below the poverty...
More »Global food output to rise to record high: FAO
World cereal output is expected to rise this year to near-record highs, swelling overall supplies and putting pressure on already weakened prices, the Food and Agriculture Organisation (FAO) said on Thursday. The global wheat output is expected to fall for the third consecutive year, but at 676.5 million tonnes, it would still be close to record levels, the UN’s food agency said, revising its earlier forecast for 2010. Overall cereal output is...
More »Food inflation rises to 16.55%
Food inflation rose to 16.55% for the week ended May 22 on account of high prices of pulses, fruits and vegetables. Inflation increased by 0.32 percentage point from 16.23% in the previous week. The uptick was mainly due to a 7% increase in Fish marine prices, 5% rise in prices of poultry chicken, 2% in prices of barley and masur each and one% increase in prices for fruits and vegetables....
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