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UN issues policy guide for countries hit hard by high food prices

The United Nations Food and Agriculture Organization (FAO) is calling on countries to carefully examine the implications of high food prices and not to take any policy actions that might appear useful in the short term but could have harmful, longer-term effects or even aggravate the situation. The call comes with the agency’s publication today of an updated guide for policy-makers in developing countries, aimed at helping them address the negative...

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Price volatility & food crises by Jacques Diouf

The present situation is different from that of 2007-2008, although recent climatic events may significantly reduce agricultural production next season. Must history always repeat itself? We are indeed on the verge of what could turn out to be another major food crisis. The FAO Food Price Index at the end of 2010 returned to its highest level. Drought in Russia and the export restrictions adopted by the government, together with...

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Food crisis depicts marginalisation of the poor by Vikram Doctor

Everyone agrees that there is a food crisis. As ordinary members of the public we know there’s one every time we go out shopping for vegetables. My mother knows there’s a crisis because, after recently sacking her cook, she discovered the lady had left with all the onions in the house. The media agrees there’s one, and sends more TV crews to talk to onion farmers, even though the TV reporters...

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13 more die of biting cold in North India

13 more people died due to the biting cold in Uttar Pradesh on Sunday, taking this season's toll to 81. Lucknow recorded a minimum of 3.4 degrees celsius. Bareilly was at 3.2, Allahabad and Gorakhpur were marginally warmer. The national capital Delhi shivered at 5 degrees as icy winds lashed the city. Schools in both states remain closed for another week. Further north, farmers in Punjab are among the hardest hit...

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NABARD to stream micro credit through grass root groups

The National Bank for Agriculture and Rurual Development (NABARD) will pay greater focus on financing through 'Joint Liability Groups' (JLs) in Kerala as it is found more effective way of priority sector lending. JLs are informal groups of even 4-10 individuals joining together for the purpose of availing bank loans through group mechanisms against mutual guarantee. According to NABARD's State Credit Plan 2011-12, financial inclusion through JLGs would be deepened in partnerships...

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