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The food crisis and India -CP Chandrasekhar

-The Hindu The World Bank has joined the chorus warning the world of an impending food crisis with damaging food price inflation. In its late-August edition of its Food Price Watch the Bank reported that global prices for food as reflected by its Food Price Index rose 10 per cent in July 2012 alone. The prices of staples such as corn and soya bean were at an all-time high that month,...

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Commerce ministry to move cabinet note to check export ban on processed food-Amiti Sen

-The Economic Times The commerce ministry will soon move a Cabinet note seeking to allow unrestricted exports of processed food, as it tries to skirt frequent squabbles between ministries over export of farm products. "We have just started working on the note following discussions on the issue with key ministries, including that of food processing," an official told ET. The note will be circulated to all ministries concerned for their comments, the...

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Organic food is not healthier, finds study -Kounteya Sinha

-The Times of India Hooked to organic food for its supposed health benefits? Here's some food for thought. In the largest analysis of studies till date on organic food, researchers from Stanford University have said there is "little evidence of healthier benefits from organic food over those grown conventionally". The researchers found no difference in protein or fat content between organic and conventional milk. No consistent differences were also seen in the...

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We'll make a killing out of food crisis, trading boss boasts-James Cusick

-The Independent Drought is good for business, says Glencore chief The United Nations, aid agencies and the British Government have lined up to attack the world's largest commodities trading company, Glencore, after it described the current global food crisis and soaring world prices as a "good" business opportunity. With the US experiencing a rerun of the drought "Dust Bowl" days of the 1930s and Russia suffering a similar food crisis that could see...

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Food, the new crisis-CP Chandrasekhar

-Frontline A recession-hit world is only just waking up to the prospect of the coming food crisis resulting in a period of political turmoil with unexpected consequences.  For the third time in five years, the world is braced for another food crisis. Bad weather conditions are leading to projections of major production shortfalls in some of the world’s leading food suppliers. Substantially reduced access and sharp price increases are, therefore, expected to...

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