-The Economic Times India will have a normal monsoon this year, says the Met office. This is good news, even though the forecast does not rule out some slack during the second half of the season. What matters finally is the distribution of rainfall across space and time rather than the aggregate percentages. However, a good monsoon is only one side of the story to have a strong farm sector. Reforms are...
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Global food prices on the rise again: World Bank
-Reuters Latest World Bank food price index showed the cost of food rose 8% between December and March Global food prices are rising again, pushed higher by costlier oil, strong demand from Asia and bad weather in parts of Europe, South America and the United States, the World Bank said on Wed nesday. The latest World Bank food price index showed the cost of food rose 8% between December and March. In the...
More »Food ministry faces a problem of plenty now-Rituraj Tiwari
As news of record food grain production trickled from the corridors of the agriculture ministry, officials of the storage wing in the adjoining food ministry began working overtime to save the department the embarrassment of plenty. Food minister KV Thomas is under pressure to ensure that the toil of farmers is not wasted. "It's my duty to make sure that food grains don't rot. We are on our way to create...
More »Rise in natural resources prices appears to be hurting poor nations-UN report
-The United Nations A sustained rise in prices for raw natural resources and basic agricultural goods is defying long-standing patterns and appears to be hurting poor nations through rising food and fuel costs more than it is helping them through higher revenues for their commodities exports. That was one of the findings of the Commodities and Development Report 2012, a study launched at the 13th session of the UN Conference on Trade...
More »A Jurassic Park of GDP monsters-Vandana Shiva
The economic crisis, the ecological crisis and the food crisis are a reflection of an outmoded and fossilised economic paradigm. It is a paradigm that grew out of mobilising resources for the war by creating the category of “growth”. It is rooted in the age of oil and fossil fuels. It is fossilised because it is obsolete, a product of the age of fossil fuels. If we have to address...
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