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Urgent steps needed to curb rising food and other commodity prices, UN warns

Senior United Nations officials today called for urgent steps to rein in the rising prices for basic farm produce, petroleum and raw industrial materials whose volatility hits the world’s poorest people the hardest.     “Such volatility has huge negative impacts on vulnerable groups, such as low-income households in developing countries, for whom food expenditure can account for up to 80 per cent of household budgets,” UN Conference on Trade and Development...

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Villagers, activists to boycott government meet on Jaitapur

Activists and villagers affected by the Jaitapur nuclear power project will boycott the Maharashtra government's meeting, to be held here on Tuesday to clear misconceptions over nuclear energy. Experts from the nuclear energy establishment, agricultural universities and environment are expected to have an open house with the affected people, the media and elected representatives on the controversial project. Official sources said Srikumar Banerjee, chairperson, Atomic Energy Commission (AEC), Anil Kakodkar, and...

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Climate talks & national interest by Mukul Sanwal

The debate on the climate negotiations, instead of discussing the nature of any policy shift, should define the national position and determine red lines for future negotiations. A new paradigm has emerged at Cancun. Instead of the multilaterally agreed emissions reduction targets of the Kyoto Protocol, there is now a shared target for all countries, where deep cuts in greenhouse gases are required according to science. Developed countries are to take...

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Food security act should have provision for distribution of millets: MS Swaminathan

Eminent scientist M S Swaminathan has said the new National Food Security Act should include a provision for distribution of millets through the public distribution system. This measure will be implemented keeping in mind the possible reductions in yield of rice and wheat due to climate change. Speaking at a climate change symposium during the 98th Indian Science Congress 2011 held at SRM University on Wednesday, Swaminathan elaborated on the...

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The real meaning of food inflation by KP Prabhakaran Nair

There is a suggestion circulating in the corridors of our apex monetary regulatory authority, the Reserve Bank of India, that food inflation is beginning to look more ‘structural’ than ‘seasonal’, and it can only be tackled by addressing the supply side. We need to address both demand and supply sides simultaneously to tackle food inflation. While we must be happy that more and more poor eat fruits and cook vegetables...

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