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Fish demand reaches all-time high but global stocks still low – UN agency

Fish consumption has reached an all-time high and more people than ever are employed in or depend on the fisheries sector, according to a new United Nations report, which also warns that global fish stocks have not improved. “That there has been no improvement in the status of stocks is a matter of great concern,” said Richard Grainger, senior fisheries expert at the UN Food and Agriculture Organization (FAO) and one...

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Rampant Speculation Inflated Food Price Bubble by Stephen Leahy

Billions of dollars are being made by investors in a speculative "food bubble" that's created record food prices, starving millions and destabilising countries, experts now conclude. Wall Street investment firms and banks, along with their kin in London and Europe, were responsible for the technology dot-com bubble, the stock market bubble, and the recent U.S. and UK housing bubbles. They extracted enormous profits and their bonuses before the inevitable collapse of...

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Prices of food, industrial products and oil revised

Prices across the three segments food, industrial goods and oil that determine inflation rising, the year-end inflation targets have been revised. The government had earlier estimated end-March inflation at 6% but RBI now has raised it to 7%. The Food and Agriculture Organisation has raised an alert over a potential spike in global prices of sugar and cereals, especially wheat. Though India might just get away thanks to a bumper output...

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Just Rs 4/day to feed a poor kid? by Himanshi Dhawan

Inflation has made the fight against malnutrition harder. In a country where 46% of the country's children below three years are underweight and inflation has spiralled to above 15%, a meagre allocation of Rs 4 per day to feed a child is a mockery of the food programme. Small wonder then that states have demanded an increase in allocation and linking the government's Integrated Child Development Scheme (ICDS) with consumer...

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Navigators Of Change by Lola Nayar

As government, corporates seek to engage with NGOs, they gain new significance Brave NGO World?     * The Planning Commission is courting NGOs for policy inputs, views on how to make plans work     * NGOs and local activism forced govt to stall Vedanta, Posco plans     * NGO opposition to snacks being served in schools changed plans to scrap hot meals     * NGO have made the government rethink the Polavaram dam project    ...

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