-The Economic Times Food inflation climbed into double digits after a fivemonth gap, prompting finance minister Pranab Mukherjee to term the trend "disturbing". The wholesale index for food articles rose 10.1% for the week to August 18 from a year earlier on account of a sharp increase in prices of vegetables and cereals, data released on Thursday showed. The index was at 9.8% in the previous week. "This is really disturbing,"...
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High food prices exacerbate crisis in drought-affected Horn of Africa–UN
-The United Nations The prices of grain and milk in the drought-hit Djibouti, Ethiopia, Kenya and Somalia have risen to record highs, exacerbating hardship for the estimated 12.4 million people in the region who are facing severe food shortages and famine in some parts of Somalia, the United Nations reported today. According to the August food price monitor of the UN Food and Agriculture Organization (FAO), the high prices of cereals...
More »Aruna Roy, social activist interviewed by Shoma Chaudhury
The Lokpal Bill is in danger of skidding off the rails. As it is introduced in Parliament, eminent activist Aruna Roy tells Shoma Chaudhury why we should not rush into it. THE LOKPAL BILL is now being debated in Parliament, almost 40 years after the idea was first mooted. Unfortunately, parented on one side by decades of wilful government inertia and, on the other, by the panicked hustle of ‘Team...
More »Food law likely to be delayed
-The Hindustan Times Agriculture minister Sharad Pawar has said he fully supports the proposed food security legislation, but without the right strategies, it could cook up a food fiasco in the long-term. Pawar’s concerns — his ministry is responsible for ensuring farm output is enough to keep the legislation going — could put off the draft food security bill until the winter Parliament session, sources said. Even as the food ministry’s draft legislation...
More »Record output of foodgrains estimated; may dampen prices by Ruchira Singh
The government’s latest estimates show that foodgrain production in the crop year 2010-11 rose sharply by 10.75% to a record 241.56 million tonnes (mt), a move that could potentially have a dampening effect on inflationary expectations. The impressive increase led by wheat, maize and pulses is revealed in the final estimates for 2010-11, and is partially explained by the fact that 2009-10 was a drought year. The crop year extends from July...
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