-Live Mint Mahindra and Mahindra Ltd, the world’s biggest tractor maker by volume, cut its forecast for sales growth of the farm equipment in India as the worst rainfall in three years delays crop sowing. Mahindra estimates industry sales to expand as little as 2% in the year ending 31 March, Pawan Goenka, president of the automotive and farm equipment division at the Mumbai-based company, said in an email response on Thursday. Goenka...
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Arif Husain, Deputy Chief of the Food Security Analysis Service in World Food Programme interviewed by WFP podcast team
-World Food Programme Global food prices have taken a worrying turn as drought in the United States causes grain prices to surge. In the latest episode of the Food Factor Podcast, we spoke with WFP’s Deputy Director of Food Security Analysis Arif Husain to find out what the third food-price shock in five years means for the fight against hunger. * What are the main factors behind rising food prices this year? The...
More »Nailing the lie of the land-Medha Patkar
-The Hindu A few thousand representatives of various people’s movements from across the country have gathered at Jantar Mantar in the national capital. They are Dalits, Adiviasis, sections of unprotected working class including farmers and fish-workers but they all form one ‘biradari’ of those who live off land, water, forest. They are the ones who produce, distribute, build, operate, clean, sell, drive and do all that enable society to survive, proceed...
More »Food, the new crisis-CP Chandrasekhar
-Frontline A recession-hit world is only just waking up to the prospect of the coming food crisis resulting in a period of political turmoil with unexpected consequences. For the third time in five years, the world is braced for another food crisis. Bad weather conditions are leading to projections of major production shortfalls in some of the world’s leading food suppliers. Substantially reduced access and sharp price increases are, therefore, expected to...
More »Falling between two stools-AK Bhattacharya
-The Business Standard Beni Prasad Verma is wrong. Food inflation hurts more than 70% of Indian farmers Poor Beni Prasad Verma! In Lucknow on Monday, Mr Verma, who is the Union minister for steel, spoke not on steel, but on inflation — and kicked up a row that his government, already under stress, could have easily done without. Mr Verma argued that higher prices for agricultural goods meant more gains for India’s...
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