-The Business Standard Had late winter rains not damaged some standing crops in northern states, India would have had record foodgrain production of 263 million tonnes (mt) in 2013-14. Whatever the loss of rabi crops, the good southwest monsoon allowed India to record the targeted growth of four per cent in production. However, a good season should not distract us from the reality of the farm sector's vulnerability to major shocks...
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Climate change to leave India hot and hungry-Vanita Suneja and Parvinder Singh
-Thomson Reuters Foundation The lastest Intergovernmental Panel on Climate Change (IPCC) report not only provides new evidence but also sounds an alarm over the impact climate change is having on compounding hunger and significantly disrupting food grain production. Apart from leaving the world hungry and hot, the changing climate will also offset gains against poverty and hunger, especially among the marginalized communities. The new report makes unequivocal projections for India being one...
More »Sharp rise in FAO Food Price Index
-FAO Rome: The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3 percent, to an average of 212.8, the highest level since May 2013. "The Index was influenced, as expected, by unfavourable weather conditions in the US and Brazil and geopolitical tensions in the Black Sea region," said Abdolreza Abbassian, FAO Senior Economist. These and other influences are reviewed in greater detail in the AMIS Market Monitor report, the...
More »Global food prices hit 10-month high in March-Dilip Kumar Jha
-The Business Standard Unfavourable weather conditions in US, Brazil; reduced supply on geopolitical tensions supported move, to ease soon Global food prices rose sharply to hit a 10-month high in March, following a 2.3 per cent rise in the prices of agricultural commodities brought on by unfavourable weather conditions in the United States and Brazil, coupled with geopolitical tensions in the Russian region. While the global commodity price rise opened an opportunity for...
More »Gloomy picture for Indian agriculture, says UN panel
-Deccan Herald India stares at an agriculture loss worth Rs 42,000 crore ($7 billion) by 2030, due to the dangerous consequences of climate change, says the United Nations Intergovernmental Panel on Climate Change in its latest report. The loss will mostly be on account of a sharp drop in wheat productivity because of the heat stress in the Indo-Gangetic plains, which produce almost 90 million tonnes of wheat annually. Ranging from Punjab and...
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