-The Economic Times Think for a moment that you are a small or marginal farmer of wheat or rice, and the government promises to give to your family wheat at Rs 2 per kg and rice at Rs 3 per kg (5 kg per person per month). What would you do? You would rush to sell your produce to the government at the minimum support price (MSP), which is currently Rs...
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Food prices decline for third straight month – UN agency
-The United Nations Global food prices dip for a third consecutive month in June following a ten-month surge, the United Nations agriculture agency said today. The UN Food and Agriculture Organization's (FAO) price index- which measures monthly changes in the global price of a basket of meat, dairy, cereals, oils and fats, and sugar- averaged 206.0 points in June 2014, down 3.8 points (1.8 percent) from May and nearly 6 points (2.8...
More »Time to focus on paid ecological services -Satvinder Kaur Mann
-The Tribune The community has to pay the cost of environmental degradation if sustainable agricultural practices are not followed. Food can also be produced by in-built provisions for ecological services. For this, sustainability issues have to be addressed with policy support. An ecosystem is a dynamic, complex, functional unit of diverse living organisms, physical environment and humans are its integral part. The wellbeing of mankind depends upon food, water, fibre, medicine, flood...
More »Link between Food Price Inflation and Rural Wage Dynamics -Atulan Guha and Ashutosh Kr Tripathi
-Economic and Political Weekly In exploring the link between food price inflation and rising rural real wages, this paper examines the dynamic relations between rural wages in different sectors and the relationship these wages share with increasing food prices. It looks into the possibility of a Lewsian transformation causing an increase in real rural wages, but the result of the analysis suggests that the rise in wages is because of an...
More »Farmers' battle to cope with climate change could spark rural renewal
-FAO FAO publication highlights success stories in "climate-smart agriculture," stresses need to transition to new approach to food production Rome - Shifting world agriculture to a "climate-smart" approach will not only help prevent future food security crises but holds the promise of sparking economic and agricultural renewal in rural areas where hunger and poverty are most prevalent, argues a new FAO publication. On the one hand, the magnitude and scope of climate change's...
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