-The Business Standard   Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...

Who can forget Munshi Premchand's short story 'Do Bailon Ki Katha' that immortalizes the incredible bond an Indian farmer has with his bullocks? The economics of Indian farming and animal husbandry, however, are ensuring that this bond might live only in such fables. As will the sense of gratitude and pride with which rural India worships its bullocks on the day of Pithori Amavasya, also known as Bail Pola in...

-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...

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...

States are expected to take responsibility for this, but the Bill ignores the nutritional crisis altogether K V Thomas Minister for Food The inclusion of iron supplements, protein, dairy supplements and vegetables can be done gradually - this Bill is just the beginning The food security Bill will certainly ensure nutrition but it is the states that have to take steps for that. The draft Bill approved recently by the Group of Ministers is...