-The Hindu The World Bank has joined the chorus warning the world of an impending food crisis with damaging food price inflation. In its late-August edition of its Food Price Watch the Bank reported that global prices for food as reflected by its Food Price Index rose 10 per cent in July 2012 alone. The prices of staples such as corn and soya bean were at an all-time high that month,...
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Food, the new crisis-CP Chandrasekhar
-Frontline A recession-hit world is only just waking up to the prospect of the coming food crisis resulting in a period of political turmoil with unexpected consequences. For the third time in five years, the world is braced for another food crisis. Bad weather conditions are leading to projections of major production shortfalls in some of the world’s leading food suppliers. Substantially reduced access and sharp price increases are, therefore, expected to...
More »Wheat exports by private traders may be banned-Rituraj Tiwari & Madhvi Sally
-The Economic Times The government may ban wheat exports by private traders under open general licence despite having enough stocks to feed the country for two years due to concerns about high global prices and the drought-like situation back home that has triggered a 20% rise in wheat futures in a month. "There are chances that private traders may divert all the available wheat in the market -- released at subsidised rates...
More »‘India will see highest urban population rise in 40 years'-Aarti Dhar
U.N. report says China, India together will account for about third of the increase in urban population in coming decades India will witness the largest increase in urban population in the next four decades followed by China, a United Nations report has said. India will add another 497 million to its urban population between 2010 and 2050, while China will see 341 million people shifting into cities, followed by Nigeria (200 million),...
More »President Patil's foreign trips cost record Rs 205 cr
-Rediff.com President Pratibha Patil's wanderlust has cost the public exchequer a whopping Rs 205 crore on her foreign visits, surpassing the record of all her predecessors. Since assuming office as the country's first woman President in July 2007, Patil has undertaken 12 foreign trips covering 22 countries across four continents. She has four more months to go for her five-year tenure and a trip to South Africa is said to be on...
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