Potato acreage in India is likely to drop by 15-20% in the new season. Farmers suffered last year due to a decline in prices following a higher production. According to an initial estimate, the losses could run into few thousand crores with Bengal farmers suffering the most. In this backdrop, a further expansion in area could weaken the prices even as sowing has started across Uttar Pradesh, Bengal, Bihar and Punjab....
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High food price, a crisis on our plate by Brinda Jagirdar
To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...
More »Global food prices drop to 11-month low in October, UN agency reports
-The United Nations Food prices dropped to an 11-month low in October, the United Nations Food and Agriculture Organization (FAO) said today, while adding that they are still higher than last year and very volatile. FAO’s Food Price Index averaged 216 points last month, down 4 per cent from September, the agency said in a news release. The index is a measure of basic food prices at the global level. “The drop was...
More »Gender bias: Only Afghanistan fares worse than India in South Asia by Rukmini Shrinivasan
India's abysmal gender inequality statistics seem to have taken a turn for the worse. New data shows the country's Gender Inequality Index (GII) worsened between 2008 and 2011, and India now ranks 129 out of 146 countries on the GII, better only than Afghanistan in south Asia. On the Human Development Index (HDI), India ranks 134 out of 187 countries. When inequality is factored in, it experiences a 30% drop in...
More »Government plans to revamp proposed food security Bill by Liz Mathew
Ahead of next year’s assembly elections, the Congress-led United Progressive Alliance (UPA) government plans to revise a proposed food security law to bring it in line with a previous draft that is deemed more liberal, and expedite its execution. Congress president Sonia Gandhi, who also heads the National Advisory Council (NAC) that drafted the initial National Food Security Bill, has suggested some crucial changes to the version that was made public...
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