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US politicians must regulate finance to tackle the drought and food-price crisis-Raj Patel

-The Guardian US leaders worked hard to tackle the 1930s drought and food crisis. Today they are supine, offering the hungry only prayers If you're wondering whether the US drought will create a global food crisis, the answer's easy. It's yes, because there's a food crisis already. The latest year for which we have figures is 2010, when 925 million people were declared malnourished. Soon after the number was announced, the World...

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Farmers increasingly using weather insurance to mitigate risks from climate change-Rituraj Tiwari

-The Economic Times NEW DELHI: More farmers are using weather insurance to mitigate risks from climate change. Top two weather insurers -- Agricultural Insurance Corporation (AIC) and ICICI Lombard -- say business is growing at 25% annually and now covers more than 200 districts across 21 states. "The growth has been so spectacular over the past five years that as many as 12 million farmers, growing crops on over 15 million hectares...

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‘India’s Food Bill can set example for rest of world’

-PTI   India’s proposed National Food Security Bill has the potential to become a benchmark for the rest of the world to follow, the NGO Oxfam India and UK-based Institute of Development Studies (IDS) has said. The proposed Food Security Bill aims at providing legal entitlement over subsidised foodgrain to the poor. The Bill was introduced in Parliament in December 2011 and the same has been referred to the Standing Committee. “India is taking...

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Monsoon revival or mirage?-Rajan Alexander

-MoneyLife.in Less than a week ago, the rainfall deficiency was nearly 50% of average. In a span of just six days, the deficiency was cut almost in half. Combine this feat with the fact that monsoon covered the entire country, four days earlier than normal and how does the glass now look? This is one season, so unpredictable that explains the heightened media interest in the monsoon progress. Much has been hyped...

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FAO releases new State of World Fisheries and Aquaculture report

-FAO Sustainable fisheries and aquaculture play a crucial role in food and nutrition security and in providing for the livelihoods of millions of people. FAO's latest flagship publication on the state of fisheries and aquaculture, launched at the opening of the 30th session of the FAO Committee on Fisheries, highlights the sector's vital contribution to the world's well-being and prosperity, a point reflected in the recent Rio+20 Outcome Document. The State of...

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