-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...
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Waiting for rain-PK Joshi
-The Indian Express As Drought pushes up food prices, India must invest in new irrigation methods The speculation on the delay of the monsoons and below-normal rainfall this year is not new to India. But the Drought in the maize belt of the United States — that is, in the Midwest — was unexpected. The impact of the Drought will be felt on wheat and soya bean production. This will eventually lead...
More »Ministerial panel to meet again to discuss Drought
-The Times of India The empowered group of ministers headed by agriculture minister Sharad Pawar is likely to meet again on Wednesday to discuss measures to counter the impact of spreading Drought. The meet, the second in successive weeks, will take place after the India Meteorological Department officially announced a 15% deficit in rainfall for the monsoon season of 2012. Pawar has just concluded his first tour of Drought affected states...
More »US politicians must regulate finance to tackle the Drought and food-price crisis-Raj Patel
-The Guardian US leaders worked hard to tackle the 1930s Drought and food crisis. Today they are supine, offering the hungry only prayers If you're wondering whether the US Drought will create a global food crisis, the answer's easy. It's yes, because there's a food crisis already. The latest year for which we have figures is 2010, when 925 million people were declared malnourished. Soon after the number was announced, the World...
More »Facing up to a Drought
-The Hindu What started as a dismal monsoon has since gone from bad to worse. It reached the subcontinent a few days late and its progress northwards thereafter was anything but vigorous. By the end of June, large swathes of the country had received hardly any rain and the nationwide rainfall deficit soared to 29 per cent. Even at that stage, however, there was a chance that the monsoon could recover...
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