India, a traditional rice exporter, will import the grain for the first time in 20 years to meet a projected shortfall of the crop hit by drought and floods, the government said on Wednesday. “We started rice season, that is from October 2009, with almost six million tonnes of surplus ... Still there is a projection that there is some shortfall of Kharif crops. So to make it up, we...
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From dream to reality by NK Singh
This newspaper recently hosted its annual debate on whether a resurgent Bengal was an impossible dream. Not surprisingly, the verdict of the 600-odd listeners went against the motion. This has as much to do with tangible societal gains as with an enveloping sense of crisis which embeds enormous opportunities. The glorious past of Bengal needs no persuasion. It was integrated with the rest of the world through trade and interchange...
More »Failed Food Summit and rising hunger
The three-day World Summit on Food Security (WSFS) that opened in Rome, Italy on 16 November, 2009 has ended with serious differences among participants. Among those expressing dissatisfaction with the final declaration was no less a person than Jacques Diouf, the head of UN’s Food and Agriculture Organisation (FAO). Diouf criticised the declaration for not including exact targets to reduce hunger. There is no mention of a deadline for the...
More »Summit disappoints UN food chief
The head of the UN food agency, Jacques Diouf, says he is not satisfied with the final declaration of the UN world food summit in Rome. Mr Diouf criticised the declaration - which vowed "urgent action" to boost food security - for not including exact targets to reduce hunger. Aid agency Oxfam also condemned the statement as "un-costed, unfunded and unaccountable". The UN estimates more than one billion people worldwide...
More »World unemployment up despite economic recovery
Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are unlikely to see relief any time soon as joblessness is still climbing in many of the world's largest economies. Unemployment data typically lags other indicators of economic health as companies hold off adding staff in the early stages of a rebound. The upturns recorded recently in...
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