-FAO The world's forests have a major role to play in the transition to a new, greener economy, a theme being discussed at the Rio+20 Conference. But to spark that shift, governments must enact programs and policies aimed at both unlocking the potential of forests and ensuring that they are sustainably managed, FAO said today. In a new report, The State of the World's Forests 2012 (SOFO 2012), the UN Food and...
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World close to ending polio, yet it's a tough foe
-AP Less than four months ago the world was cheered to learn that India had gone a full year with no new cases of polio, a landmark that left only Pakistan, Afghanistan and Nigeria on the World Health Organization's list of countries where the disease is endemic. But the battle is far from over, judging by the WHO's latest expressions of alarm. It says that in both Nigeria and Afghanistan the number...
More »El Nino may disrupt monsoons-Dinsa Sachan
Weather conditions promoting El Nino persistent, says Met department; drought feared In its first monsoon forecast in late April, the India Meteorological Department (IMD) had announced that monsoons would be normal this year and there was a little chance of El Nino—associated with dry spells west of the Pacific—arriving in the second half of the season. But of late, IMD seems to have shifted its stand. Now the weather agency is...
More »Why FCI doesn’t buy grain futures-Ruchira Singh
Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...
More »Wheat glut: farms face falling prices, rising costs-Ruchira Singh
-Live Mint After a record harvest of 90.23 mt this year, the govt’s wheat stocks were at 38.2 mt as of 1 May Worry lines run deep on the faces of wheat farmers in Sehrala in Haryana as falling prices, higher input costs and poor infrastructure erode earnings and cast doubt over not just their next crop, but their future in agriculture as well. Agents in the grain market of Ballabgarh said spot...
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