Everything is in short supply here, especially hope. There was a flicker of it, though, when on April 30 Prime Minister Manmohan Singhcame here with Rahul Gandhi. Maybe the people were expecting a miracle, an end to the misery created by season after season of bad crops and the resultant rising debt. Their hope proved to be short-lived. Since then, nine farmers have killed themselves in Banda district alone, the...
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Food Price Hike Worsens Poverty in Asia by Marwaan Macan-Markar
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...
More »Global wheat production to increase in 2011
FAO's first forecast for world wheat production in 2011 stands at 676 million tonnes, representing a growth of 3.4 percent from 2010, the March 2011 edition of the Crop Prospects and Food Situation report said today. This level would still be below the bumper harvests in 2008 and 2009. Wheat plantings in many countries have increased or are expected to increase this year in response to strong prices, while yield recoveries...
More »Price volatility & food crises by Jacques Diouf
The present situation is different from that of 2007-2008, although recent climatic events may significantly reduce agricultural production next season. Must history always repeat itself? We are indeed on the verge of what could turn out to be another major food crisis. The FAO Food Price Index at the end of 2010 returned to its highest level. Drought in Russia and the export restrictions adopted by the government, together with...
More »House panel seal likely for 11.5cr BPL count by Rajeev Deshpande
The Manmohan Singh government's options on keeping a check on the bill for the proposed National Food Security Act (NFSA) may shrink further with Parliament's standing committee on finance likely to endorse the states' tally of BPL families pegged at 11.5 crore. The highly contentious issue of enumerating the poor has seen the government differ with the Sonia Gandhi-led National Advisory Council (NAC), which originally considered universal PDS but later curtailed...
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