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Food subsidy poses fiscal threat, may not help poor: World Bank

-The Times of India NEW DELHI: Prices of globally traded food declined for the third consecutive quarter since their historical peak in August, 2012, a World Bank report has said but cautioned that uncertain weather conditions and domestic policy decisions such as extension food subsidy programmes in India and other countries need a close watch. Prices of all the three main food categories declined between February and June, 2013. Prices of grains...

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The politics of cheap rice in Karnataka -ND Shiva Kumar & Narayanan Krishnaswami

-The Times of India With the state budget all set to be presented on July 12, TOI takes a hard look at the government's cheap rice scheme and its impact on politics and employment. Will cheap rice boil? Let's look at the math. Reducing the price from Rs 3 to Re 1 per kg will help a family save Rs 60 per month. Till now, poor families got rice from the Public Distribution...

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More than cereals

-The Business Standard UN report shows holes in govt's food security proposal The United Nations' Food and Agriculture Organisation (FAO) has worked out the cost of malnutrition to the world economy: about five per cent of its annual gross domestic product, or $3.5 trillion, in terms of foregone production and health expenditure. Even more important is the FAO's assessment of potential gains from investment in enhancing the nutritional standards of the population....

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Climate Change Report Predicts More Weather Disasters

As fatal rains batter parts of the north Indian hill state of Uttarakhand, following a summer that also saw hundreds of deaths from heat waves, a new assessment out on June 19 from the World Bank warns of increasingly difficult effects of climate change on several parts of South Asia in the next 20-30 years. It argues that extreme weather events are likely to get more frequent, as temperatures rise. The...

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Social Protection Can Help Overcome Poverty and Hunger -Jomo Kwame Sundaram

-IPS News ROME: The growing consensus, momentum and commitment to eradicate world hunger may seem overly ambitious in view of the slow progress in reducing the number of hungry people in the world in recent decades. After all, declining food prices in the second half of the 20th century, thanks to increasing production, were not enough to eliminate poverty and hunger in the world. In the 1960s and 1970s, many governments invested a...

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