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Former WB economist to lead Cornell poverty India initiative

-PTI Pingali has been appointed director of the Tata-Cornell Initiative in Agriculture and Nutrition Washington: Former World Bank economist Prabhu Pingali has been appointed by the Cornell University to lead effort to help reduce poverty and malnutrition in India, a project established through a USD 25 million endowment from the Tata Trusts. Pingali has been appointed director of the Tata-Cornell Initiative in Agriculture and Nutrition (TACO-AN), a long-term project established through a...

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UN launches initiative to achieve ‘zero hunger’ in Asia and the Pacific

-The United Nations The United Nations today launched the Zero Hunger Challenge in Asia and the Pacific, calling on governments, farmers, scientists, business, civil society and consumers to work together to end hunger in the region where the majority of the world's undernourished people live. "Sustainable development and inclusive growth will not happen on empty stomachs," said Noeleen Heyzer, Executive Secretary of the UN Economic and Social Commission for Asia and the...

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Dairy price surge pushes world food costs for March slightly higher, UN reports

-The United Nations A sharp surge in the price of dairy products pushed the overall costs of food one percentage point higher in March, the United Nations reported today, while world wheat production remained on track to reach its second highest level ever, barring adverse weather. Releasing its latest monthly Food Price Index (FPI), the UN Food and Agriculture Organization (FAO) said the dairy component of the index, which carries a 17...

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Cash transfer of subsidy could save Rs 60,000 crore: Study -Surojit Gupta

-The Times of India Direct transfer of benefits in cash to targeted beneficiaries of food and fertilizer subsidies could save an estimated Rs 60,000 cr and help trim the fiscal deficit which, in turn, may calm stubbornly high food inflation, a study by a government wing has shown. The study showed that policies to rein in food inflation would require winding down of the fiscal deficit, which has gone above 8% of...

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Food prices worry govt ahead of 2014 elections -Rajeev Deshpande

-The Times of India The Manmohan Singh government's mission in a pre-election year seems cut out: To check and roll back retail food inflation that rose from 4% in January last year to 13% in December, a trend that could blight its 2014 poll ratings. With food prices accounting for half of overall inflation, this group stayed above 10% most of last year, higher than the overall consumer price index figure of...

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