Galloping food prices have shattered family budgets across the country, with latest inflation data showing that prices rose at nearly 18% in the week ending February 6. Many essentials of Indian kitchens are almost beyond reach; sugar is up by nearly 60%, pulses by 46% and potatoes by 53% over a year. In a country already suffering from chronic malnutrition and low incomes, this trend is a killer. President Pratibha...

India's food inflation rose for the fourth straight week in early February, heightening worries that it was driving up headline inflation past official forecasts and increasing the chance of the central bank pushing up rates. The food price index rose 17.97 percent in the 12 months to February 6, higher than an annual rise of 17.94 percent in the previous week, data released on Thursday showed. The fuel price index rose...

Economic diversification is vital if the world's most poverty-stricken countries, some of them depending on a single or a few raw materials or commodities, are to escape their predicament, a top United Nations trade official said today. “Some countries had been successful in diversifying their economies, in creating jobs, in improving governance,” UN Conference on Trade and Development (UNCTAD) Secretary-General Supachai Panitchpakdi told the opening session of a two-day meeting...

The Kolkata Group is an independent initiative inspired and chaired by Nobel Prize-winning economist Amartya Sen. Once a year, it brings together participants drawn from various fields to explore the many inter-connections between inequality, deprivation, human development, and democracy. Its special focus has been on examining ways of advancing people’s health and education. The organisations supporting the Kolkata Group are UNICEF India, Professor Sen’s Pratichi Trust, and the Harvard-based Global...

“The main instrument for global food security is national food production. Every country has an obligation to provide food for its own population. Trade alone cannot solve the fundamental challenges regarding hunger,” believes Norwegian Minister of Agriculture and Food Lars Peder Brekk. When agriculture is Norway’s second biggest national industry and provides for half of the Norwegian people’s needs, it’s no wonder that he sees eye to eye with India...