A Group of Ministers (GoM) will discuss on Thursday issues pertaining to illegal mining, a ban on iron ore Exports, the new mining legislation and setting aside a share in the profits of mining companies for the development of tribal areas. Officials of the Ministry of Mines said Minister B.K. Handique was pushing for the Ministry's proposal to make mining companies in tribal areas shell out a part of their equity,...
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Oliver Twist seeks food security by P Sainath
The NREGS is restricted. The PDS is targeted. Only exploitation is universal. The rotting of lakhs of tonnes of foodgrain in open yards, while shocking, is hardly new or surprising. Remember the rural poor marching on godowns in Andhra Pradesh in 2001 in similar circumstances? The Supreme Court was quite right in jolting the Union government. “In a country where admittedly people are starving, it is a crime to waste even...
More »World Food Production/ Prices Update
Amidst predictions by FAO of a record world cereal production of 2279.5 million tonnes during 2010-2011, the bad news is that drought conditions may bring down Russia's domestic wheat production to 50 million tonnes in the current year from 63.7 million tonnes in 2008-09. Russia has already imposed a temporary ban on wheat Exports. This has pushed up international prices of wheat contradicting the prediction of FAO's Food Outlook 2010...
More »Russian drought could push up food prices by Richard Wray
Russia is the world's second largest producer of barley after the EU and the cereal crop is used by many farmers as animal feed. Shoppers could see the cost of the meat and poultry in their baskets rise as the price of barley has more than doubled over the past six weeks due to continued fears over the drought affecting Russia and Ukraine. Russia is the world's second largest producer of barley...
More »Wheat rises, food shares fall on Russia Export ban
Wheat prices surged to a two-year high while shares in European brewers and food producers fell on Friday as markets reacted to the sudden imposition of a ban on grain Exports from drought-hit Russia. Russian Prime Minister Vladimir Putin moved decisively on Thursday to halt Exports of grain and flour from August 15 to the end of the year and the country’s railroad monopoly said on Friday it will stop loading...
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