-The Times of India There was no let up in bad news for the government on the economic front. Amid the debate over slowing economic growth, data released by the Central Statistics Office (CSO) on Tuesday showed industrial output fell 0.6% in December, posing fresh policy challenges. This is the second successive month of decline for factory growth which has remained anaemic due to a string of factors including high interest rates,...
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No change in global food prices after months of decline, UN agency says
-The United Nations World food prices are steady after three months of decline with increased prices for oil and fats balancing out lower cereal and sugar prices, the United Nations Food and Agriculture Organization (FAO) today said. FAO’s Food Price Index – which measures monthly changes in international prices of a basket of meat, dairy, cereals, oils and fats, and sugar – remained at 210 points in January, same as in December. The...
More »Foodgrain Output to Fall by 3.5% Due to Drought
-Outlook Country's foodgrain production is estimated to decline by 3.5 per cent to 250.14 million tonne in 2012-13 crop year as poor rains have hit rice and coarse cereal crops, but the government said the output will be enough to meet the demand. The foodgrain production was a record 259.32 million tonne in 2011-12 crop year (July-June). "We had produced about 260 million tonne foodgrains last year. This year, we have crossed 250...
More »Agroforestry crucial to ensure food security of millions, says UN agency
-The United Nations The United Nations Food and Agriculture Organization (FAO) today called on countries to boost efforts to promote agroforestry, a practice involving the combination of trees with crop or livestock production, stressing it can help millions of people escape poverty and prevent environmental degradation, making it crucial to ensure food security in the future. “In many countries the potential of agroforestry to enrich farmers, communities and industry has not been...
More »Govt puts food security Bill on fast track to Parliament
-Live Mint The food security Bill could be taken up by Parliament in the first part of the budget session, which is set to start next month The politically sensitive food security Bill could be taken up by Parliament in the first part of the budget session, set to start next month, after the food ministry took a remarkably brief one week to consider and accept almost all the recommendations on the...
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