-PTI Pitching for direct cash transfer of food subsidy, Planning Commission deputy chairman Montek Singh Ahluwalia on Tuesday assured this would not result in dismantling of current system of procuring grains at minimum support price (MSP) and distribution through PDS. "...about the cash transfer (of subsidy), the accusation is that you want to dismantle the PDS. This is completely wrong because there is no question of dismantling the minimum support prices," Ahluwalia...

-Outlook Could scientists have got the impacts of climate change on food supply wildly wrong? I believe we might have made a mistake: a mistake whose consequences, if I am right, would be hard to overstate. I think the forecasts for world food production could be entirely wrong. Food prices are rising again, partly because of the damage done to crops in the northern hemisphere by ferocious weather. In the US, Russia...

-The United Nations The United Nations today reported that global food prices slightly increased in September after two months of stability, and warned that despite increased cereal production in low income countries, global harvest of this commodity is expected to decrease this year. During September, the UN Food and Agriculture Organization’s (FAO) Food Price Index rose by 1.4 per cent from its level in August. The rise to 216 points from 213...

-The Economic Times While India frets about coal block allocations, massive policy failures have hit people where it hurts most: the stomach. While granaries are overflowing and sugar piling up, one would have expected the prices of sugar and flour to fall, or remain stable. Instead, since mid-July, wheat prices are up 20% across the country and flour prices have also shot up. For sugar, whose prices are up 12% from mid-July,...

-The Hindu The World Bank has joined the chorus warning the world of an impending food crisis with damaging food price inflation. In its late-August edition of its Food Price Watch the Bank reported that global prices for food as reflected by its Food Price Index rose 10 per cent in July 2012 alone. The prices of staples such as corn and soya bean were at an all-time high that month,...