-PTI The government has surplus stocks in view of record production last year Food Corporation of India today said it will sell immediately 3 million tonnes of wheat to bulk consumers in open market in an effort to bring down prices. Last week, the Cabinet Committee on Economic Affairs (CCEA) had approved sale of 6.5 million tonnes of wheat under open market sale scheme (OMSS) through the tender process. "Out of 6.5 million tonnes...
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Mangroves under threat from shrimp farms, UN study says
-Reuters OSLO: Valuable mangrove forests that protect coastlines, sustain sealife and help slow climate change are being wrecked by the spread of shrimp and fish farms, a UN-backed study showed on Wednesday. About a fifth of mangroves worldwide have been lost since 1980, mostly because of clearance to make way for the farms which often get choked with waste, antibiotics and fertilizers, according to the study. Intact mangroves were almost always more valuable...
More »A futures shock from FCI-Devinder Sharma
-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...
More »This fear of GM-Ajay Vir Jakhar
-The Indian Express Farmers welcome the stand of the government of India on the outright rejection of the recommendations of the technical expert committee to the Supreme Court, which suggested that a moratorium be imposed on field trials of GM crops. The SC shot down the proposal of an interim moratorium that would have strangled technology and innovation in the country. The moratorium would have also prevented Indian scientists and companies...
More »Food worry feeds GM trials -R Balaji
-The Telegraph The Supreme Court today refused to stay field trials of genetically modified food crops for now despite a court-appointed panel recommending a 10-year moratorium, after the Centre said such a freeze would hit food security for a growing population. The five-member technical expert committee’s (TEC) interim report had advocated the moratorium till the country improved its regulatory system for GM field trials to ensure proper evaluation of these crops’ health,...
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