-The United Nations Global food prices dip for a third consecutive month in June following a ten-month surge, the United Nations agriculture agency said today. The UN Food and Agriculture Organization's (FAO) price index- which measures monthly changes in the global price of a basket of meat, dairy, cereals, oils and fats, and sugar- averaged 206.0 points in June 2014, down 3.8 points (1.8 percent) from May and nearly 6 points (2.8...
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Rural job scheme caused price rise: Govt -Shishir Sinha
-The Hindu Business Line Facing criticism for rising prices, the Modi Government has blamed public expenditure on schemes such as MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) for fuelling food inflation. Curiously, the BJP wants the job scheme to continue, with the focus mainly on agriculture. According to the agenda note circulated for Friday's Conference of State Food Ministers with the Centre, food inflation is caused by both demand and supply...
More »El Nino could hit Indian agriculture this monsoon
-IANS Panaji: Factors as innocuous as the humble grain-carrying sack to the mighty El Nino could have a varying impact on grain production and delivery this year, experts suggest. Detailed presentations made at a recently-concluded 'Global Grain and Feed Forum' conference in Goa suggest that the occurrence of the El Nino phenomenon in June could to some extent rob India of its monsoon, but also note that poor quality sacks are also...
More »Parts of West India stare at drought
-The Times of India The government on Tuesday admitted that a drought-like situation may prevail in parts of western India and said contingency plans were being worked out to ensure drinking water and fodder in distressed areas. Monsoon is delayed Western India is expected to be worst affected and drought like situation might prevail in some pockets," agriculture minister Radha Mohan Singh was quoted as saying in a PTI report. The assessment will...
More »Water security
-The Business Standard Charge end-users and create more storage structures Food and energy security are often discussed as goals of critical importance for the Union government. But water security is equally vital - and as gravely endangered. Water is as critical for some key industries, for hydropower production, for freight movement - not to mention for agriculture and households. The worry is that the current scenario, in which national water resources are...
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