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Emerging Nations Tackle Food Costs by Eric Bellman and Alex Frangos

Fast-growing emerging nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't start to retreat. Developing-market governments have unveiled a laundry list of measures—including price caps, export bans and rules to counter commodity speculation—to keep food costs from disrupting their economies as price spikes that some had hoped were temporary have stretched into the new year. Some...

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Dramatic greenhouse gas cuts are both achievable and affordable – UN

Dramatic cuts in industrial emissions of the global warming greenhouse gases that threaten to drastically change Earth’s climate are achievable in both developed and developing countries at acceptable cost with the right policies, the United Nations reported today. In a series of studies, the UN Industrial Development Organization (UNIDO), an agency mandated to promote sustainable industrial development in developing countries, highlighted the need to combine energy efficiency, renewable energy and the...

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Arabian Delights by Debarshi Dasgupta

That Indian firms, some of them backed by the government, have gone scouting for land abroad to farm crops for consumption back home is well-known. Reversing the trend, now many Gulf countries are getting a toehold in India that will allow them to farm here and export the food back. A Bahraini firm, the Nader & Ebrahim Group (NEG), recently tied up with Pune-based Sanghar Group to do exactly that....

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Maximum Dithering for Minimum Wages!

Even though the Central Government agreed to link the wages paid under MG-NREGA to the Consumer Price Index for Agricultural Labourers (CPIAL), it shied away from paying statutory minimum wages in various states of India. Their logic for this: Lack of clarity on who will bear the extra financial burden—the Centre or the states? A letter from the Prime Minister Manmohan Singh to UPA and NAC Chairperson Sonia Gandhi dated 31...

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The route to food security

The need for ensuring food security for the poor is indisputable. However, the means to do so have to be practical and fiscally sustainable. That is what the prime minister’s economic advisory council Chairman C Rangarajan and a group headed by him, which looked into the proposed food security law, seem to think. Most of the points raised by this panel about the recommendations of the Sonia Gandhi-led National Advisory...

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