An annual meeting of Asian finance ministers and central bank governors in Hanoi is set to address the fate of 64 million people in the region on the brink of extreme poverty. They are the worst affected by soaring food prices, which have hit record highs in the first two months of this year. "The issue of food price inflation and food security will indeed be one of the key topics...

“Declare State GM organisms-free on the lines of M.P., Bihar” Farmer groups here on Sunday demanded that Rajasthan be declared a genetically modified (GM) organisms-free State on the lines of Madhya Pradesh, which has recently decided to prohibit any environmental release, including field trials, of GM seeds and crops in view of their safety and impact on human beings and environment still being in doubt. Madhya Pradesh is the second State in...

Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of this year, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) said on Tuesday. In a report titled “Global Food Price Inflation and Developing Asia,” the Manila-based bank warned that a 10 per cent rise in...

Poor families may find it tough to pay for medical care, children's education “Recent gains in poverty reduction made in Asia will be undermined” Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of 2011, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) said on Tuesday. In...

India is growing more wheat than it ever was. While other leading wheat producing countries like China and US are witnessing a decline in output, the country has stood as an exception with an estimated record production of 84.27 million tonnes of the staple foodgrain this year. Russia, Canada and Australia, too, are witnessing a downturn. “India is gaining internationally in the wheat production,” S S Singh, Project Director of Directorate of Wheat...