Record high food prices are putting added pressure on the United Nations agency that helps feed nearly 100 million of the world’s poorest people, with officials warning of a potential “perfect storm” combination of soaring costs, weather emergencies and political instability. “We are on red alert and we are continually assessing needs and reassessing plans and stand ready to assist,” UN World Food Programme (WFP) Executive Director Josette Sheeran told the...
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Food subsidy to be Rs 1,10,600 cr if NAC desire is met by Sruthijith KK
The total food subsidy bill will balloon to 1,10,600 crore if entitlements recommended by the Sonia Gandhi-headed National Advisory Council are incorporated into the Food Security Bill , the Ministry of Food And Public Distribution has estimated. The subsidy bill in the initial phase will be 93,000 crore. The ministry's estimates are significantly higher than the ones made by both NAC and the Rangarajan panel that studied the NAC recommendations. The ministry,...
More »In agriculture’s pyrrhic victory, a call to caution by RN Bhaskar
There’s both good news and bad news on the food front. The good news is that wheat, maize and pulses production during the current year will be the highest that India has seen. Wheat production was expected to be high, thanks to the twin advantages of a high procurement price —- higher than international prices —- and favourable weather conditions. But pulses production too has zoomed, because of the soaring prices in the...
More »UN pushes for social schemes to protect poor at mere fraction of national wealth
The United Nations began laying the groundwork today for a global “social protection floor” that would guarantee food security, health services for all and old-age pensions, with a senior official stressing that all that is lacking is the political will for an initiative needing minimum investment. “Social security is a human right. We’ve forgotten that for a very long time, but roughly only 20 per cent of the global population has...
More »Govt likely to bring millet, fodder under food security mission by Sanjeeb Mukherjee
Buoyed by its success in increasing pulses production in India through effective implementation of National Food Security Mission (NFSM), the government is likely to bring production of millet and fodder under the mission’s ambit in the forthcoming Budget. The programme which will be on the lines of accelerated pulses production programme (A3P) is expected to be operationalised in the next one year. Officials said this programme, which would be part of NFSM...
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