A Hamburg-based lab, Eurofins, has alleged high levels of pesticide residue in Indian rice, basmati and non basmati. This is likely to start a long-drawn legal battle and for the time being jeopardise around $300m in basmati exports alone to Europe. The first batch of legal correspondence from the grain traders, a precedent to formal legal action, will be exchanged with the Hamburg-based private testing firm, Eurofins and Dr Speck...
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Indian wheat cold to global heat by Sanjeeb Mukherjee
The rise in global wheat prices by almost 50% in less than two months as commodity markets factor in a sharp drop in exportable surplus has not touched India, among world’s biggest producers and consumers of wheat. What’s more surprising, domestic futures prices too are unlikely to show any appreciable rise, going by the trend in India’s commodity markets. Barring minor blips, August and September wheat futures at NCDEX, largest exchange for...
More »Efforts needed to raise farm output to ensure food security:PM
Concerned over large population still suffering from poverty and hunger, Prime Minister Manmohan Singh on Sunday said more efforts were required to achieve higher productivity and growth in the farm sector that would ensure food security to the people of this country. "I am happy that the growth rate of our agriculture has increased substantially in the last few years. But we are still far from achieving our goal. We...
More »Pawar: Report about rotting foodgrain an exaggeration
Did the Union food minister hide facts from Parliament on the rotting grains in India? On Friday, Sharad Pawar claimed that the media reports of rotting of millions of tonnes of foodgrains are "quite exaggerated" while arguing that a master plan has been prepared to increase storage capacity. Replying to CPM member Brinda Karat during Question Hour in Rajya Sabha, Pawar said, "The statement which member made that millions of...
More »Threat to a system by CP Chandrasekhar
The National Advisory Council's move to restrict universalisation of the PDS to the most disadvantaged districts may ultimately end up limiting its impact. RECENT weeks have seen rather contradictory statements on the challenge of ensuring food security and the set of feasible initiatives for managing the food economy. To start with, the National Advisory Council (NAC), which recognises the need for a universal public distribution system (PDS), and which was expected to...
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