A high-level working group of the Government of India has approved the idea of outbound foreign direct investment by Indians in the production of pulses and Oilseeds aimed at meeting domestic demand. This is not a new idea. Since arable land in India is fast shrinking and efforts to lift the output of pulses and Oilseeds, besides some other essential commodities, are not bearing fruit, investing in land elsewhere for...

The world has made significant progress in income, education and health over the past 40 years, but the gains have been uneven and in some places war and the ravages of AIDS shortened life spans, according to a United Nations report on Thursday. Over all, average life expectancy around the globe jumped to 70 years in 2010, up from 59 in 1970. School enrollment through high school reached 70 percent...

The Director-General of the U.N. Food and Agriculture Organisation, Dr. Jacques Diouf, announced at the Inter-Governmental Committee on World Food Security (CFS) that the combination of global food crisis and economic recession had taken the number of people affected across the world to over one billion. He described the number as “unacceptably high,” higher than in 1996 when the heads of states and governments committed themselves to reducing hunger by...

The Central Government is drafting a new law that will guarantee food security to a majority of the population, Congress president Sonia Gandhi said on Tuesday. Addressing party delegates attending a daylong session of the All-India Congress Committee (AICC) at the Talkatora Stadium here, Gandhi said that a new food security law would create a more efficient and effective public distribution system. "All this will, hopefully ensure an end to malnutrition, which...

The new rabi grain pricing policy seems to have been influenced more by macro-concerns about food inflation management rather than any considerations relating to food production planning. The marginal increase in minimum support prices (MSPs) of most rabi crops, barring pulses, is understandable given the government’s focus on inflation reduction and the fact that this marginal increase comes on top of earlier hikes of a decent magnitude. Moreover, there are...