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Global food prices steady in December, 2013 prices third highest on record –UN agency

-The United Nations For the second consecutive month, the cost of food worldwide remained nearly unchanged in December, with overall global food prices for 2013 among the highest on record, the United Nations food agency today reported. In a news release, the UN Food and Agriculture Organization (FAO) said its most recent Food Price Index averaged 206.7 points, nearly the same as the 206.4 in November. The FAO's Index measures the monthly change...

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Counting our chickens -Neelkanth

-The Indian Express Agricultural GDP is underestimated due to inaccurate non-cereal data. It started with a mundane question: what is the chicken population in India? There are glaring inconsistencies in the available data. The National Sample Survey Organisation's (NSSO's) surveys show a 20 per cent annual growth of chicken consumption between 2005 and 2010. But according to the Food and Agriculture Organisation (FAO), the production of chicken meat only rose 10 per...

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Government spends just Rs 124 each on 10 crore people aged 60 years and above -Subodh Varma

-The Times of India Shanti is a small, bird-like woman with unkempt grey hair, a wizened face and an innocent, trusting smile. The constant smile is remarkable because her life is unbelievably difficult. She lives in a mud hut in Katihar district of Bihar with her paralyzed husband. Her daughter has been married off and her son has "gone away somewhere to find work", never to return. She has no land,...

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Cereal offenders -Ila Patnaik

-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...

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Prices of pulses to remain subdued for next few months: Crisil

-PTI MUMBAI: Prices of pulses are expected to remain low in the next few months following good monsoons, high acreage, lower hikes in minimum support price and moderate demand, according to a report by rating agency Crisil. "Pulses inflation is likely to stay low over the next few months thanks to good monsoons, higher acreage, lower hikes in minimum support prices and moderate demand," the CrisilBSE -0.74 % report said. Food inflation in...

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