-The United Nations   The prices of grain and milk in the drought-hit Djibouti, Ethiopia, Kenya and Somalia have risen to record highs, exacerbating hardship for the estimated 12.4 million people in the region who are facing severe food shortages and famine in some parts of Somalia, the United Nations reported today. According to the August food price monitor of the UN Food and Agriculture Organization (FAO), the high prices of cereals...

Sharp differences persist in the government over whether and how much of an impact the impending food law is likely to have on open market food prices. At a time when input costs for farmers have already gone up significantly and threaten volatility in food prices, the food ministry has dismissed apprehensions voiced by Commission for Agricultural Costs and Prices ( CACP) chairman Ashok Gulati on the issue. Last week,...

Reforms in the supply-chain system can help India tackle the demand-supply mismatch in essential food items Food inflation may have dropped to single digit but since that fall is set against last year’s elevated double-digit base, it continues to hurt the poor — 65 per cent of their disposable income goes towards food. The government often defends its failure to tame inflation by arguing that it has no magic wand to...

-PTI   The Centre will soon initiate the consultation process with the state governments on the draft National Food Security Bill that aims to provide legal right on subsidised foodgrains to 68 per cent of India's population. "We will at the earliest start the consultation process with the states. The law ministry has already vetted the draft bill and the same has been communicated to the Finance Minister Pranab Mukherjee," Food Minister K...

-IANS   Communist Party of India-Marxist (CPI-M) general secretary Prakash Karat on Sunday said the food security bill in its current form will curtail the food security as it caters to certain sections of society. "This will not be a good food security legislation as they are trying to restrict the food security to certain sections of society. They have already given a quota - 46% of the population in rural areas...