A common incidence of rotting food grains has been reported in India and the Philippines even as millions are starving. The problem has to be tackled with dexterity at both the domestic and regional levels to curb this alarming wastage of food that contributes to food insecurity at large. RECENT NEWS reports from the Philippines and India interestingly surfaced with one common problem -- rotting food grains in both countries, even...
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Raj Patel, economist interviewed by Ashish Kumar Sen
Activist and academic Raj Patel’s profile proudly notes that he has worked for the World Bank and the WTO, and protested against them both around the world. A visiting scholar at the University of California at Berkeley’s Centre for African Studies, Patel’s latest offering to the literary world—The Value of Nothing—is a New York Times bestseller. In an interview with Ashish Kumar Sen, Patel says beating the drum of India...
More »Despite good yield, food prices to stay
Output of major crops, including sugar, will be better or equal to 2008-09’s production figures, but food prices are unlikely to return to that year’s levels. Food inflation may have permanently changed to stay on the higher side, economists have said. For a UPA government battling high prices, this could be a gloomy piece of news. A surplus monsoon has boosted acreages of all crops, according to food ministry figures. Output of...
More »Food inflation jumps to 15.1% on supply constraints
Food inflation rose for the third week running as floods disrupted supplies, but most economists see food prices easing soon. Inflation in food articles in the new series with 2004-05 base was 15.1% for the week ended September 4, compared with 14.6% in the week before, data released on Thursday showed. The central bank chose to lift rates in its policy review on Thursday saying inflation is still a big...
More »Industrializing India leaves little room for farmers by CJ Kuncheria
Jagdishji Vaghela is one of hundreds of thousands of farmers standing in the way of India's breakneck economic expansion. Determined not to give up his land for an industrial park in the western state of Gujarat, the 55-year-old farmer scorns at talk of how the benefits of industrialization in Asia's third-largest economy will trickle down to people like him. Despite a nearby plant producing what is touted as the world's cheapest car,...
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