A new report entitled: The World of Organic Agriculture: Statistics and Emerging Trends 2014 by Research Institute of Organic Agriculture (FiBL) and the International Federation of Organic Agriculture Movements (IFOAM) says that out of the 19 lakh organic producers in the entire world during 2012, nearly 6 lakh (i.e. roughly 32 percent) are from India (see below figure 1 and link). But a grim fact is that while the rest...
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The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra
-The Business Standard The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...
More »Global food prices hit 10-month high in March-Dilip Kumar Jha
-The Business Standard Unfavourable weather conditions in US, Brazil; reduced supply on geopolitical tensions supported move, to ease soon Global food prices rose sharply to hit a 10-month high in March, following a 2.3 per cent rise in the prices of agricultural commodities brought on by unfavourable weather conditions in the United States and Brazil, coupled with geopolitical tensions in the Russian region. While the global commodity price rise opened an opportunity for...
More »Sharp rise in FAO Food Price Index
-FAO Rome: The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3 percent, to an average of 212.8, the highest level since May 2013. "The Index was influenced, as expected, by unfavourable weather conditions in the US and Brazil and geopolitical tensions in the Black Sea region," said Abdolreza Abbassian, FAO Senior Economist. These and other influences are reviewed in greater detail in the AMIS Market Monitor report, the...
More »Steady increase in incidents of genetically modified crops found in traded food, UN agency reports
-The United Nations As a result of the increased production of genetically modified crops worldwide, the United Nations food agency warns in a ground-breaking survey that an increasing number of incidents of low levels of genetically modified organisms (GMOs) are being reported in traded food and feed. "The incidents have led to trade disruptions between countries with shipments of grain, cereal and other crops being blocked by importing countries and destroyed or...
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