-The Hindustan Times   Unacceptably high food prices are a result of slow and below-target farm growth, Prime Minister Manmohan Singh said on Saturday. Singh said the farm growth had been less than the targeted 4% and a “consequence in recent years has been unacceptable levels of food price inflation”. He said he expected the Twelfth Plan to contain all measures required to accelerate agricultural growth. Speaking at a function to mark the foundation...

-Reuters   Red-hot food inflation that has vexed policy makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already made up half of June's losses. The sell-off masked an unnerving reality: The world remains...

In developing societies political parties exercise an influential role. They aim to achieve power and after having achieved it they wish to maintain it by several mechanisms; besides less awareness of the people about the true nature of the democratic system in such societies, there exist limited options to bring the government within a people-centric corruption-free framework. In these societies the civil society too exists but in underdeveloped form. The situation...

-The Business Standard   Indian economy has been on a sustained growth path, but Indians are still spending a major chunk of their expenditure on food items. Per capita consumption expenditure in a month was 88 per cent more in case of urban India compared to rural India during 2009-10, a trend which was more or less five years ago, according to the latest figures on consumption expenditure. Per capita expenditure on consumption for...

The United Nations commemorates World Population Day next week against the backdrop of an upcoming landmark event: global population hitting the seven billion mark by late October this year. According to current projections, and with some of the world's poorest nations doubling their populations in the next decade, the second milestone will be in 2025: an eight billion population over the next 14 years. Dr. Babatunde Osotimehin, executive director of the U.N....