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ADB: Food prices may push millions of Asians into poverty

Poor families may find it tough to pay for medical care, children's education “Recent gains in poverty reduction made in Asia will be undermined” Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of 2011, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) said on Tuesday. In...

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Food prices may push millions of Asians into poverty: ADB

Resurgent food prices, which rose by 10% on average in many regional economies in Asia this year, can push an additional 64 million people into extreme poverty, an Asian Development Bank (ADB) report says. The study, titled, 'Global Food Price Inflation and Developing Asia', by the multilateral lending agency, finds that a 10% rise in domestic food prices could push an additional 64 million people, out of 3.3 billion people living...

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Higher MSP for cotton, sunflower soon by Anindita Dey

The Commission for Agricultural Costs and Prices may recommend higher prices in its report. The Commission for Agricultural Costs and Prices (CACP) may recommend higher minimum support price (MSP) for cotton and sunflower in its report. “Cost of production for most crops have gone up by 10-30 per cent over the last year, due to higher inputs costs like labour and fodder. Cotton has fetched higher market prices compared to its MSP...

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Why agriculture should impact on nutrition and health by Jimoh Babatunde

The International Food Policy Research Institute (IFPRI) recently in New Delhi, India gathered more than 900 participants for an international conference to examine ways that agriculture can enhance the health and nutritional status of poor people in developing worlds. Scholars, Politicians and activists during the conference tried to exploit the nexus between agriculture, nutrition and health. Most people would say that agriculture is for growing food, and on one level, they are...

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How to Achieve Food Security by Ashok Gulati

Food inflation, hovering in the double digits, may play spoilsport to India’s ability to continue its rapid economic growth. It is truly troubling that food still consumes half of the expenditure of the average Indian household. No wonder a sharp spike in onion prices has the potential to upset the political calculus of social stability. India’s biggest challenge still remains ensuring food and nutritional security to its masses. Notwithstanding the nation’s...

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