The Centre has given the states another 50 lakh tonnes of wheat and rice stocks, half of which will be sold to the poor at subsidised rates as food prices continue their steep climb. An empowered group of ministers (EGoM), headed by finance minister Pranab Mukherjee, also decided to extend the ban on pulses exports and allow duty-free imports of pulses till March 2012. “In today’s EGoM meeting, it was decided to...

India may witness record foodgrains production in the 2010-11 crop year, surpassing the previous high of 234.47 million tonnes seen in 2008-09, due to an increase in the acreage under cultivation in the ongoing rabi season, a top Agriculture Ministry official said on Tuesday. "It is very much achievable. Any fall in rice production from 2008-09 levels can be compensated by higher production of wheat, pulses and coarse cereals," Agriculture Secretary...

Food prices globally are rising to dangerous levels. There is talk of a coming crisis, like the ones that produced riots around the world in 2008 and 1974. Many of the ingredients of a disaster are present, but governments can stop the problem before it causes too much damage. A warning sign is the price of traded staples like wheat, corn and rice. Prices shot up in 2010, soaring 26...

India, the world’s biggest producer and consumer of pulses, has extended ban on pulses exports until further orders, Agriculture Minister Sharad Pawar said on Tuesday, as it battles to rein in high food prices. The government had in June 2006 banned exports of pulses, which has a weight of 0.72 per cent in the wholesale price index. India’s food price index rose 12.13 per cent in the year to December 11, government...

Over 4,000 Chakma tribal people in Mizoram have been starving for the past few weeks, a non-governmental organisation said Thursday. "Over 800 Chakma tribal families comprising over 4,000 men, women and children in four villages in Chakma Autonomous District Council (CADC) areas of southern Mizoram have been starving for several weeks," New Delhi based Mizoram Chakma Development Forum (MCDF) said in a letter to the Mizoram government. MCDF president Hemanta Larma said:...