Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the food price inflation would come down by the end of the current fiscal. "Food price inflation by the end of the current fiscal would be significantly lower than what it is right now," Ahluwalia said while speaking at the India Economic Summit here. Citing the reason for high food inflation, he said, at the end of a bad monsoon, particularly...
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Bittersweet tidings by Ashok Gulati and Tejinder Narang
Sugar, to mix one’s metaphors, is heading for a perfect storm. And this is being made because of our own policies. By the year-end, retail prices of sugar in Delhi and Mumbai may cross the Rs 40 per kg barrier — an almost 150 per cent increase in less than 15 months. And no, you can’t blame climate change or monsoon failures for this. So, what triggered the sugar crisis? In...
More »Don’t uncork the bubbly yet! by Paranjoy Guha Thakurta
That the economies of Asia, in particular China, India and Australia, are responsible for whatever growth is currently taking place on the planet is now acknowledged and underlined by the West as well as by multilateral financial agencies like the International Monetary Fund (IMF) and the World Bank. The 3.5 per cent growth in the American economy in the July-September quarter has enthused many into believing that the worst of...
More »UNICEF sounds alarm over numbers of South Asian children trapped in poverty
Some 300 million children in South Asia, or half of the region’s under-18 population, suffer from chronic levels of poverty, according to a new United Nations Children’s Fund (UNICEF) study presented today at the opening of a conference in Bangladesh. To combat the enormous amount of poverty afflicting children, UNICEF urged leaders across the region to strengthen efforts tackling the lack of food, education, health, information, shelter, water and sanitation for...
More »UN launches ‘toolbox’ to help nations ensure access to food as basic human right
The United Nations on 23 October, 2009 took a step towards helping the billion people around the world suffering from hunger achieve access to adequate food with the publication of a ‘how-to’ guide providing the tools for governments, institutions and civil society to assert this basic human right. The Food and Agricultural Organization (FAO) has released a comprehensive six-volume set of guidelines, which it calls a “toolbox,” containing hands-on advice...
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