Russia has announced a temporary ban on wheat exports. This is of course not entirely unanticipated. Today, soon after the Russian Prime Minister reportedly announced a temporary grain export ban, prices were seen rising further. Drought conditions have threatened Russian wheat harvest. From record 63.7 million tonnes in 2008-09, wheat production declined by two million tonnes the following year. Drought is now threatening to pull output down to around 50 mt. Russia's wheat exports...
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Half of India’s population lives below the poverty line by Arun Kumar
According to a new Oxford University study, 55 percent of India’s population of 1.1 billion, or 645 million people, are living in poverty. Using a newly-developed index, the study found that about one-third of the world’s poor live in India. The Multidimensional Poverty Index (MPI) has been developed by the Oxford Poverty and Human Development Initiative and the United Nations Development Program (UNDP) as a more precise and comprehensive means of...
More »Food Security In Crisis Soon by Rashme Seghal
Agricultural scientist M.S. Swaminathan has warned that India’s food security is being steadily imperilled by the sharp decline in agricultural growth. Speaking on the Ministry of Earth Sciences Foundation Day Lecture 2010, Dr Swaminathan warned that in 2005-6, the agricultural growth was 5.2 per cent of GDP but according to Planning Commission statistics, it has dipped to 0.2 per cent in 2009-10. This would decline with a projected two degree temperature rise...
More »Orissa begins land acquisition for Posco steel project
Shrugging off mounting opposition from the local people and objections from the Joint Committee under the Ministry of Environment and Forests, which is overseeing the implementation of the Forest Right Act (FRA), the Orissa government on Tuesday began the land acquisition process for the proposed Posco-India steel project in Jagatsinghpur district. First attempt Revenue officials, flanked by a horde of police personnel, made the first real attempt to acquire land five years...
More »Settlement of FRA issues to delay Posco land acquisition further
The views of the Union Ministry of Environment and Forest (MoEF) panel on violation of Forest Right Act in the Posco project site area is likely to further delay the land acquisition process and precipitate the problems for the South Korean steel major which has been facing uphill task in acquiring land for the project due to local protests. The MoEF panel visited the Posco project site villages yesterday and interacted...
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