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FAO blames knee-jerk policy moves for food situation

Export curbs during 2008 crisis ‘exacerbated' situation. The Food and Agriculture Organisation on Wednesday said short-term policy actions, especially curbs on exports, could have harmful effects in the longer term and even aggravate the situation. In statement put on its website, the organisation, a body of the United Nations, pointed out at the 2007-08 crisis in the global food market as an example of how such decision can exacerbate the situation...

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Onion forces govt to rethink farm liberalisation by Prabha Jagannathan

The heat generated by the high food inflation may force the government to go slow, or even drop, some of its key proposals to open up the country's food and fertiliser sectors, experts say. Decontrolling sugar and urea and freeing up some farm exports are some of the proposals the government may not touch in the coming days, they say. The proposal on foreign direct investment in multi-brand retail may also...

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Brimming reservoirs to boost state’s crop yield by R Satyanarayana

With a significant improvement in levels of major irrigation reservoirs in the state, thanks to a robust north-east monsoon, Tamil Nadu can look forward to a decent production of summer crops that can potentially arrest the rising prices of vegetables, pulses and food grains. And despite the power woes of farmers and shrinking area of farm lands in the wake of real estate growth, the state's agricultural yield seems to...

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NREGA wage revision can add to inflation: RBI

With the government revising wages under MGNREGA, it could be another pressure point for rising inflation, if appropriate policy action to address the demand-supply gap is not in place, said the Reserve Bank of India (RBI) on Monday. "MGNREGA has the potential to raise the wage bargaining power even in the unorganised sector, particularly in the agriculture and construction sectors, besides raising rural demand at a faster pace relative to the...

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Asian nations on alert after livestock disease outbreak in Republic of Korea – UN

The United Nations Food and Agriculture Organization (FAO) today notified veterinary and border authorities in Asia of a major outbreak of foot-and-mouth disease in the Republic of Korea, urging them to be on the look-out for livestock showing signs of infection by the highly contagious animal disease. Foot-and-mouth disease (FMD) affects cloven-hoofed animals, including cattle, sheep, goats and pigs, causing high fever. It is characteristic by lesions in animals' mouths and...

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