Even as everyone is celebrating the bounce in the economy with a return to 8.5 per cent growth, the jury is out on the accuracy of the agricultural output numbers. The impressive 5.4 per cent agricultural growth rate number is suspect if one looks at recent trends in farm productivity and output. The agriculture ministry anticipates foodgrain output to grow by 6.4 per cent to 232 million tonnes in 2010-11....
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Food security scene getting grimmer
Food security scenario has been very grim in Orissa. It is getting grimmer day-by-day, thanks to the high food price inflation on the one hand and climatic aberrations like droughts, floods or untimely rains on the other. These extremes hurt the State most, as it has the maximum poor populace in the country. Data details the enormity. Around 9 per cent households face grave food security in the State. The proportion...
More »UN agency on ‘red alert’ as soaring food prices threaten millions of world’s poorest
Record high food prices are putting added pressure on the United Nations agency that helps feed nearly 100 million of the world’s poorest people, with officials warning of a potential “perfect storm” combination of soaring costs, weather emergencies and political instability. “We are on red alert and we are continually assessing needs and reassessing plans and stand ready to assist,” UN World Food Programme (WFP) Executive Director Josette Sheeran told the...
More »Panel recommends fixing of MSP for forest produce
A high-level committee appointed to examine introduction of minimum support price (MSP) for non-timber forest produce has recommended that a central agency be constituted to fix MSP for the produce collected by tribals and the price be fixed keeping in mind wages paid under National Rural Employment Guarantee Act (NREGA), transportation cost, value addition to the produce and local Market prices. The committee, which was appointed in August last year...
More »Govt lifts export ban on onions after domestic price crash
Government today decided to lift ban on exports of onion, following farmers' protest over crash in domestic prices within two months of touching Rs 80 a kg. The decision to this effect was taken at the meeting of the empowered group of ministers (EGoM) on food, headed by Finance Minister Pranab Mukherjee. But, as a precautionary measure against possibility of prices shooting again, the EGoM decided to allow shipments of onions at...
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