-Thomson Reuters Foundation The lastest Intergovernmental Panel on Climate Change (IPCC) report not only provides new evidence but also sounds an alarm over the impact climate change is having on compounding hunger and significantly disrupting food grain production. Apart from leaving the world hungry and hot, the changing climate will also offset gains against poverty and hunger, especially among the marginalized communities. The new report makes unequivocal projections for India being one...
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Sharp rise in FAO Food Price Index
-FAO Rome: The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3 percent, to an average of 212.8, the highest level since May 2013. "The Index was influenced, as expected, by unfavourable weather conditions in the US and Brazil and geopolitical tensions in the Black Sea region," said Abdolreza Abbassian, FAO Senior Economist. These and other influences are reviewed in greater detail in the AMIS Market Monitor report, the...
More »Growth is not a victim of the UPA, it is the other way round -Maitreesh Ghatak and Parikshit Ghosh
-The Hindustan Times If the opinion polls are to be believed, the UPA is facing a rout in the coming Lok Sabha elections. One explanation, popular in the media, goes something like this: The UPA faces voter wrath because it destroyed growth. The economy has paid a price for bad governance and expensive welfare schemes. If you look at data for the last two years, this view will find some support....
More »Global food prices hit 10-month high in March-Dilip Kumar Jha
-The Business Standard Unfavourable weather conditions in US, Brazil; reduced supply on geopolitical tensions supported move, to ease soon Global food prices rose sharply to hit a 10-month high in March, following a 2.3 per cent rise in the prices of agricultural commodities brought on by unfavourable weather conditions in the United States and Brazil, coupled with geopolitical tensions in the Russian region. While the global commodity price rise opened an opportunity for...
More »A grim harvest -Satyanarayan Iyer
-The Hindu Business Line Farmers in Maharashtra are struggling to cope with losses from last month's hailstorm. Satyanarayan Iyer, who travelled extensively through the affected areas, chronicles the region's woe. Shanta Jadhav will never forget that day. It was March 8, a Saturday. The 70-year-old and her husband were in their small hut in Balamthakli village in Ahmednagar district, Maharashtra. At 6.30 in the evening, they were startled by a loud thud,...
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