Food inflation rose for the third week running as floods disrupted supplies, but most economists see food prices easing soon. Inflation in food articles in the new series with 2004-05 base was 15.1% for the week ended September 4, compared with 14.6% in the week before, data released on Thursday showed. The central bank chose to lift rates in its policy review on Thursday saying inflation is still a big...
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Number of hungry people in the world drops for the first time in 15 years: FAO by Amulya Nagaraj
The number of hungry people in the world dropped about 10 percent for the first time in 15 years to below 1 billion but the figure is still "unacceptable," the UN Food and Agriculture Organization (FAO) said in a report. According to a report titled "The State of Food Insecurity in the World," which will be jointly published by FAO and World Food Program (WFP) in October, about 925 million people...
More »Industrializing India leaves little room for farmers by CJ Kuncheria
Jagdishji Vaghela is one of hundreds of thousands of farmers standing in the way of India's breakneck economic expansion. Determined not to give up his land for an industrial park in the western state of Gujarat, the 55-year-old farmer scorns at talk of how the benefits of industrialization in Asia's third-largest economy will trickle down to people like him. Despite a nearby plant producing what is touted as the world's cheapest car,...
More »Distribute, procure, store and sow by MS Swaminathan
The goal of food for all can be achieved only through sustained efforts in producing, saving and sharing foodgrains. The Supreme Court of India has rendered great service by arousing public, professional and political concern about the co-existence of rotting grain mountains and mounting hungry mouths. In several African countries hunger is increasing because food is either not available in the market, or is too expensive for the poor. Food inflation...
More »flood situation still grim in northern India
Fresh reports of the possibility of a breach in the Tajewala barrage have created panic among the people in the low-lying areas. If there is a breach in the barrage then the national capital could face another serious flood-like situation. The reports of a possible breach have come after more than 2.5 lakh cusecs of water had been released from the Hathnikund Barrage in Haryana on Monday, which resulted in many...
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