-The Economic Times A late revival of monsoon may have narrowed the rain deficit to single digit (9%) but it is unlikely to help boost food grains production. "There would be a decline in the overall food grains production. There would be some drop in the production of pulses and coarse cereals," said Agriculture Secretary Ashish Bahuguna. He said the indication will start coming after the first advance estimates of the kharif...
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As the monsoon plays truant, suicide by farmers likely to manifest again-KK Narayanan
-The Economic Times As the monsoon plays truant, the tragic face of our agrarian distress, suicide by farmers, is likely to manifest again in several parts of the country. A state like Maharashtra, where large acreages of a cash crop like cotton are grown under rain-fed conditions, is particularly vulnerable to such vagaries of weather and has, for long, remained the 'suicide capital' of the country. There is credible data to show...
More »The food crisis and India -CP Chandrasekhar
-The Hindu The World Bank has joined the chorus warning the world of an impending food crisis with damaging food price inflation. In its late-August edition of its Food Price Watch the Bank reported that global prices for food as reflected by its Food Price Index rose 10 per cent in July 2012 alone. The prices of staples such as corn and soya bean were at an all-time high that month,...
More »India's water reserviors at 65% of capacity: Government
-Reuters Water levels in India's main reservoirs were at 65 per cent of capacity in the week to September 6, down 14 per centage points from a year ago, reflecting this year's weak monsoon, government data issued late on Thursday showed. The latest level was one per centage point higher than the 10-year average for the week. It was 4 per centage points higher than the previous week as the monsoon rains...
More »The era of cheap food may be over-Larry Elliott
-The Guardian A spike in prices caused by poor harvests and rising demand is an apt moment for the west to reassess the wisdom of biofuels The last decade saw the end of cheap oil, the magic growth ingredient for the global economy after the second world war. This summer's increase in maize, wheat and soya bean prices – the third spike in the past five years – suggests the era of...
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