-The Financial Express Though food inflation could be lower than last year's 11.1%, fruit and vegetable prices remain the pressure points. Concerns over monsoon have diminished a lot in recent weeks because of four positive developments. First, rainfall deficiency has reduced sharply from a century-high of 45% for June to 17% as on August 18. Second, sowing has caught up significantly from 40% below normal in mid-July to just 2.3% below normal...
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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »India shakes up WTO -Latha Jishnu
-Down to Earth The fracas over India's refusal to meet the deadline on trade facilitation exposes rich nations' double standards NOTHING HAS exposed the double standards at the World Trade Organisation (WTO) than the current uproar over the implementation of two agreements at the global trade policing organisation. One, termed Public Stockholding for Food Security Purposes, protects the food security concerns of millions of the poor and the livelihood of millions of...
More »Can India feed 1.7 billion people by 2050? -Cecilia Tortajada & Asit K Biswas
-The Business Standard In a country where 35 to 40 per cent of food is not consumed, the government urgently needs to reduce wastage to an acceptable level By current estimates, India's total population will be similar to China's by 2028, 1.45 billion. By 2050, India's population is expected to reach 1.7 billion, which will then be equivalent to nearly that of China and the US combined. A fundamental question then...
More »India's shifting food bowls -Ravish Tiwari
-India Today Geography of rice and wheat has been transformed with Chhattisgarh, Bihar, Jharkhand and Madhya Pradesh generating surpluses Almost 50 years ago, Prime Minister Lal Bahadur Shastri went on air to appeal to Indians to skip a meal a day. Foodgrain supplies had come under strain after the 1965 drought, and the patriotic ethos cautioned against over-consumption: what you ate left that much less for the rest. Today, it is...
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