Bumper wheat crop poses new headaches Paradox Of Plenty * Wheat projection of 84.27 million tonnes hit mandi prices * Farmers await price revival; govt buys much below last year * Wait for eGoM on exports as global demand, prices are higher * Govt storage capacity already tight; fear of damage prevails * Food security scheme launch to raise stock requirements *** It’s been a nerve-racking week for Brijesh Singh. The 34-year-old...
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NAC member flays food bill ‘corruption’
A member of the Sonia Gandhi-headed National Advisory Council today said the delay in enacting the food security law amounted to “corruption”. “The food security bill is delayed. This is corruption,” Aruna Roy said at a seminar here, strongly pitching for legal guarantees on food security to every citizen in the country. The draft bill finalised by the NAC seeks to provide subsidised grain to up to 75 per cent of the...
More »‘High food prices, a new threat to Asia'
Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of this year, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) said on Tuesday. In a report titled “Global Food Price Inflation and Developing Asia,” the Manila-based bank warned that a 10 per cent rise in...
More »Securing food for an emerging India by Rana Kapoor
The world population is estimated to reach nine billion by 2050. The Food and Agriculture Organisation (FAO) estimates that global food production needs to increase 70 per cent by 2050 compared to average 2005-07 levels to feed the rising global population. Clearly, a large part of the consumption will happen in India and China; which would require an additional 1.6 billion hectares of land to be brought into cultivation compared to...
More »Global wheat production to increase in 2011
FAO's first forecast for world wheat production in 2011 stands at 676 million tonnes, representing a growth of 3.4 percent from 2010, the March 2011 edition of the Crop Prospects and Food Situation report said today. This level would still be below the bumper harvests in 2008 and 2009. Wheat plantings in many countries have increased or are expected to increase this year in response to strong prices, while yield recoveries...
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