-The United Nations The United Nations Food and Agriculture Organization (FAO) reported today that global food prices were down for the second straight month in May and that the outlook for worldwide cereal supply has improved considerably since last month. FAO's Food Price Index continued its decline from the 10-month high it experienced in March, the agency said in a news release, noting that prices fell as generally ample supplies weighed on...
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Climate change may increase cost of cereal and household basics -Heather Saul
-The Independent The impact of climate change could increase the price of breakfast cereal and other household foods, a report by Oxfam has claimed, which found Kellogg and Nestle are among the world's 'Big 10' food and drink companies who emit more greenhouses gases than Nordic countries combined. In their report, Oxfam called on the major food and drink companies to do more to tackle climate change after it found that...
More »El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu
-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...
More »Managing the monsoon-MS Swaminathan
-The Hindu Aberrations in monsoon behaviour are not uncommon. What is new is the difficulty in forecasting caused by factors coming under the generic title, ‘Climate change.' Forecasts by the South Asian Climate Outlook Forum and the India Meteorological Department indicate that the south-west monsoon rainfall may be deficient. Also, there is a possibility of the evolution of an El Niño event during June to September. There is a 45 per cent...
More »Revamping agriculture and PDS-Ashok Gulati
-Live Mint To alleviate poverty and extend true food security to its people India must bring efficiency to public expenditures In the Indian economy, where almost half of the average household's expenditures goes toward food and half the labour force is engaged in agriculture, one cannot simply wish away the centrality of agriculture just because its contribution to gross domestic product (GDP) hovers around a comparatively low 14%. India's agriculture is responsible...
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