-The Hindu Food subsidies for poorest will help them cope: ADB A hike in the cost of food staples like rice and wheat could push tens of millions more people into extreme poverty in the South Asian region including India, says an Asian Development Bank (ADB) report. The Manila-based lending agency, in its report “Food Price Escalation in South Asia – A Serious and Growing Concern” released on Monday, however, said that food...

-The Times of India   The Gujarat government has decided to come up with a new policy that would ensure that state's farmers do not have to depend on cotton export in order to earn a high price of their produce. Announcing this in the state assembly, state industries minister Saurabh Patel told the house that the government plans to come up with a scheme that would encourage the existing ginning mills...

The US has dragged India to the World Trade Organization for banning poultry products in alleged violation of trade rules, but Indian officials say the country is ready to defend its measures in the formal consultations expected to begin soon.  India claims that the import ban is aimed at preventing avian influenza, but it has not given scientific evidence in line with international standards on avian-influenza control, US Trade Representative Ron...

-Reuters The United States on Tuesday began action at the World Trade Organisation (WTO) to open India's market for poultry meant and eggs, saying an Indian ban on US imports intended to stop the spread of bird flu was not based on sound science. "The United States is the world's leader in agricultural safety and we are confident that the WTO will confirm that India's ban is unjustified," US Trade Representative Ron...

Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...