-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...
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Ecology Should Be Factored-In for Food Security: UNEP
-Outlook The aim of achieving food security across the globe will become increasingly elusive unless countries take into account the planet's nature-based services into agricultural and related planning, said a report released by the United Nations Environment Programme today. Safeguarding the underlying ecological foundations that support food production, including biodiversity will be central if the world is to feed the seven billion people, climbing to over nine billion by 2050, according to...
More »Geared up to face drought situation, says Centre
-The Indian Express The government on Friday said the spectre of drought over a few states and the likelihood of a lower rainfall pattern this year should not be a concern for a “panicky situation” as it is geared up to face the situation with enough stocks of foodgrains and sugar. Last year the production of both foodgrains and sugar had overshot the estimate leaving the government with adequate resources for the...
More »No One Killed Agriculture
-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...
More »For a universal old-age pension plan-Prabhat Patnaik
With the elderly likely to constitute a quarter of India's population by 2050, there is need for a publicly-funded, universal scheme that will overcome destitution among the aged India's social security system is woefully inadequate, when compared even to those in third world economies with no higher per capita incomes. Some States in India have fairly comprehensive social security schemes — notably Kerala, also West Bengal and Tamil Nadu — but...
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