India’s monsoon rains were about 3% above normal in July, the highest for the month since 2005, making a repeat of last year’s crop failure and food-led inflation surge unlikely. Heavy rain since the third week of July has brought readings above normal for the first time this monsoon season, according to Weather office data, wiping out the seasonal shortfall in almost all major grain areas other than in the east...
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World Bank highlights African land grab by Katie Allen
Draft report claims investor interest is focussed on countries with weak land governance. A leaked World Bank report into investors from rich nations buying up African farmland has intensified campaigners' fears that the growing trend is marginalising local producers. After a spate of investments in African land by sovereign wealth funds looking for gains on rising commodity prices and by countries such as China worried about their own food security, the World...
More »In Punjab, wheat worth Rs 800 cr goes waste annually by Prabhjot Singh
Antiquated food storage methods and technologies have been costing India dearly. The chairman of the Food Corporation of India (FCI), Siraj Hussain, admits that food worth Rs 50,000 crore is wasted every year. This comes roughly to 20 per cent of the total food produced by the country. Though this figure includes food that is lost in processing, packaging, transportation and even marketing, yet a substantial portion of it is lost...
More »Basmati planting to rise in flood-hit areas
India’s top grain-producers Punjab and Haryana will raise planting of basmati rice as floods have washed away the recently sown regular grades, farmers and trade officials said on Monday. Basmati rice can be planted late, but yields are much lower than regular grades, with farmers also having to face fluctuating market prices, unlike common rice grades that official agencies buy at fixed, attractive rates. “Paddy output will certainly drop this year. However,...
More »Labouring for the Commonwealth Games by CP Surendran
Behind Delhi's radical makeover for the Commonwealth Games are 150,000 migrants labourers toiling hard to meet the October deadline. TOI-Crest gives this silent workforce a name and a face. Thirty-five-year old Vijay is from Sagar village in Madhya Pradesh. His thekedar, who makes regular trips to the villages to round up skilled and unskilled labourers, had told him he'd be working on the beautification of Delhi University roads under the...
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