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India lacks in enough foodgrains stocks for exports: FCI

India does not have enough surplus stocks of foodgrains for exports in the short-term and the country needs to boost its farm production significantly, to meet the expected rise in domestic demand by 2020, a top official of FCI said on Wednesday. "The country has adequate stock of foodgrains to meet our needs...there is not much surplus availability of the food grains for export in the short-term," Food Corporation of...

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Oiling the oilseeds economy

Edible oil imports have surged to a record 9.24 million tonnes last year and were estimated to be nearly Rs 38,000 crore. They have emerged as the third most important import item, next only to petroleum products and gold. India is now the world’s largest importer of cooking fats, meeting more than half of its requirement through overseas supplies. Considering the country’s huge and fast-growing demand for cooking oils, such...

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World food prices may rise from 31-101% by 2050

A projected global population of 9 billion concentrated mostly in the developing world and a higher income level alone are enough to put pressure on world’s supply of food grains. But with changes in temperature levels and rainfall pattern beyond an acceptable limit on account of climate change, the pressures on food prices can be expected to enormous. World prices of staple food grains are projected to rise from anywhere...

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Lethal impact by R Krishnakumar

The issues relating to the victims of endosulfan, sprayed in the plantations of Kasargod district in Kerala, have snowballed once again. “Earthworms emerged from the soil, and, subsequently, died. Then birds came to eat the earthworms and they died as well.”   “Some termites were killed in a cotton farm sprayed with endosulfan. A frog fed on the dead termites, and was immobilised a few minutes later. An owl which flew over...

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Rangarajan panel to examine NAC suggestions on food bill tomorrow by Gargi Parsai

The experts group, chaired by chief of the Prime Minister's Economic Advisory Council C. Rangarajan, set up by Prime Minister Manmohan Singh to examine the recommendations of the National Advisory Council (NAC) on the proposed National Food Security Bill, will hold its first meeting here on Friday. Even as the NAC is formulating the draft Bill, the experts group will examine the proposals and come up with its suggestions. A meeting of...

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