-Reuters World cereals output is expected to rise to a new record in 2011 due to more planting and improved yields but low stocks are set to keep prices high, the United Nations’ food agency said. Global cereals output is expected to rise 3.5% to 2.315 billion tonne this year, recovering after a 1% fall in 2010, the UN’s Food and Agriculture Organisation (FAO) said on Tuesday in its first estimate...
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World food prices set to remain high into next year, says UN report
-The United Nations Citing dwindling stocks and only small production increases for the majority of crops, a new United Nations report released today says world food prices are likely to remain high for the rest of this year and into 2012. The biannual Food Outlook published by the UN Food and Agriculture Organization (FAO) states that the next few months will be critical in determining how the major crops will fare...
More »Food bill does a balancing act by Zia Haq and Prasad Nichenametla
The food ministry has prepared a new food security bill, reworking an earlier version and reconciling what had been “promised to the people” by the ruling Congress and the government’s fiscal constraints, MoS for agriculture KV Thomas has told HT. In August last year, the UPA government had pulled the plug on a previous draft, after it was found wanting by the Congress leadership. The Sonia Gandhi-led National Advisory Council, which oversees...
More »How much will cash transfer cost? by Himanshu
Last week, a group of 40 economists wrote an open letter to United Progressive Alliance (UPA) chairperson Sonia Gandhi arguing for cash transfer as a mode of delivery for the proposed National Food Security Act (NFSA). The letter was carried in detail in several newspapers including Mint. The good thing is that there is now almost a consensus, at least among economists, that whatever be the mode of delivery of subsidy,...
More »The great land grab: India's war on farmers by Vandana Shiva
"The Earth upon which the sea, and the rivers and waters, upon which food and the tribes of man have arisen, upon which this breathing, moving life exists, shall afford us precedence in drinking." - Prithvi Sukta, Atharva Veda Land is life. It is the basis of livelihoods for peasants and indigenous people across the Third World and is also becoming the most vital asset in the global economy. As the...
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