-The Hindu Business Line Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...
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Welcome, baby seven billion by Lynsey Hanley
On one day — one minute — in the next month, the world's seven billionth human resident will be born. The United Nations is marking the occasion on the last day of October with what it describes it as an “opportunity” to promote “seven billion actions” for environmental sustainability and women's education, estimating that the world's population will top out at nine or 10 billion mid-century before declining as economic...
More »Poverty and food insecurity rise in the US by Chris Arsenault
More than 2.5 million Americans fell into poverty last year, bringing the total number to its highest in 52 years. After touring food banks across Tennessee, Marcia Wells was not surprised by the latest statistics showing that more Americans are living in poverty today than at any time since the Census Bureau began first publishing the number 52 years ago. In the US, 2.6 million people fell into poverty last year, the...
More »Land rush and sustainable food security by MS Swaminathan
Managing our soil and water resources in a sustainable and equitable manner needs a new political vision, which can be expressed through the proposed Land Acquisition Bill and the recently formed Global Soil Partnership. On the basis of a proposal I had made three years ago, the Food and Agriculture Organisation (FAO) launched a Global Soil Partnership for Food Security and Climate Change Adaptation and Mitigation at a multi-stakeholder conference, held...
More »Address supply side on food: World Bank
-The Business Standard Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...
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