Last week, a group of 40 economists wrote an open letter to United Progressive Alliance (UPA) chairperson Sonia Gandhi arguing for cash transfer as a mode of delivery for the proposed National Food Security Act (NFSA). The letter was carried in detail in several newspapers including Mint. The good thing is that there is now almost a consensus, at least among economists, that whatever be the mode of delivery of subsidy,...

-The United Nations   Citing dwindling stocks and only small production increases for the majority of crops, a new United Nations report released today says world food prices are likely to remain high for the rest of this year and into 2012. The biannual Food Outlook published by the UN Food and Agriculture Organization (FAO) states that the next few months will be critical in determining how the major crops will fare...

"The Earth upon which the sea, and the rivers and waters, upon which food and the tribes of man have arisen, upon which this breathing, moving life exists, shall afford us precedence in drinking." - Prithvi Sukta, Atharva Veda Land is life. It is the basis of livelihoods for peasants and indigenous people across the Third World and is also becoming the most vital asset in the global economy. As the...

-PTI   The government plans to provide an additional 5 million tonnes of wheat and rice to above poverty line (APL) families at subsidised rates through ration shops, food minister KV Thomas said on Wednesday. The additional allocation, which would be over-and-above the normal quota under the Public Distribution System (PDS), would provide relief to the common man and also help the government in clearing godowns for storage of new crops. The government...

-PTI   A desperate government's efforts failed today to achieve any breakthrough with Baba Ramdev deciding to go ahead with his indefinite fast here from tomorrow amidst indications that a compromise was likely in a day or two. For nearly five hours, two senior union ministers Kapil Sibal and Subodh Kant Sahay negotiated with the yoga guru over his demands on eradication of corruption at a posh hotel, a venue totally different...