While global food prices declined for the first half of this year, they have spiked in recent months, according to a new World Bank publication, and this volatility could in turn push up the local food prices of the world's poorest and most malnourished countries. The Bank's grain price index had declined by 16 percent over the first six months of 2010 before rising that same amount between mid-June and August....
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Rural India goes urban by Rajesh Shukla
Most discussions on the National Rural Employment Guarantee Act (NREGA) have focused on one of few things, the leakages in the implementation of the scheme, the inadequate number of jobs created, and some even talk of how NREGA has resulted in food inflation going up in various districts as well as increasing mechanisation due to unavailability of farm labour. It is, of course, true that you can’t have food inflation...
More »Changing crop pattern must to rein in prices
Food inflation will defy government policies to remain in high single-digit levels in the long run, unless there is a change in an overwhelming bias among farmers towards staples such as wheat and rice, say economists and policymakers. A steady growth in population and rapidly rising income levels are adding to inflationary pressure at a time when agricultural productivity is showing a decline. A major reason is that the agriculture...
More »Shifting to a green economy can hasten development, says new UN report
Intensifying investments in clean energy can accelerate the achievement of the Millennium Development Goals (MDGs), the eight globally-agreed targets to slash poverty by 2015, the United Nations Environment Programme (UNEP) says in a new publication. A “green economy” is one that “not only improves human well-being and lessens inequality but also reduces environmental risks and ecological scarcities,” the brief says, underscoring its importance in realizing the MDGs. In 2008 amidst the...
More »Officials say organic farming policy on cards, but farmers not impressed
ven as the state Agriculture Department maintains that it has a draft organic farming policy ready that might be implemented soon, farmers don’t seem to have high hopes from a policy that is being formulated for five years now. Director, horticulture department, DG Bakwad, said, “We cannot give a definite date for the implementation of the policy as certain procedural matters may take time. We are ready with the draft policy...
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