Prime Minister Manmohan Singh addressed a conference on ‘Leveraging agriculture for improving nutrition and health’ in New Delhi, organised by the International Food Policy Research Institute (IFPRI), as part of International Policy Consultation. “Nutrition and health are issues are particularly topical today as the world faces rising food prices in many countries and there is growing recognition that climate change may endanger food security in many developing countries. Leveraging agriculture for...
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Food inflation sharply falls to 13.07%, may stabilise at 8-9%
Food inflation dropped sharply to 13.07% for the week ended January 29 from 17.05% in the previous week. According to data released by the ministry of industry and commerce on Thursday food inflation declined to a seven-week low due to decline in the prices of pulses and potatoes. On an annual basis, prices of potatoes declined 8.87%, while pulses fell 8.63% and wheat by 3.58%, the government data said. Although the...
More »The 2007-08 Rice Price Crisis (FAO)
After increasing slowly and steadily from historic lows, world rice prices tripled in just six months during 2007-08. The price surge caused much anxiety because so many of the world’s poor are rice consumers. And it caught many by surprise as market fundamentals were sound. Indeed, it was government policies, rather than changes in the production and consumption of rice, that drove the surge. This suggests that improved government policies...
More »Limited export of rice, sugar and onion to help farmers
Buoyed by bumper production estimates this year, Agriculture Minister Sharad Pawar today favoured export of certain commodities like non-basmati rice, sugar and onion to protect the interests of the farming community. “Generally we feel, we should take a total liberalised approach on export of certain items...Farmers are raising concern that prices of some commodities are going down,” Pawar told reporters here. Citing onion case as an example, Pawar said farmers, who were...
More »Rethinking farm for better health by Shenggen Fan & M S Swaminathan
It is time for us to take a hard look at our agricultural system. We are not yet reliving the food crisis of 2007-08 , but food prices are surging, with global prices for wheat and maize rising by 75% and 60%, respectively, from June to December 2010. Meanwhile, nearly 1 billion people worldwide are going hungry. The obvious solution to many of our food-related ills is to accelerate agricultural growth....
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