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A spoonful of policy

-The Business Standard   Remember the food riots of 2008? Is the world heading towards another food crisis? That, worryingly, seems to be the conclusion that a new publication on food prices and availability in the next decade (2011-20), issued jointly by the Organisation for Economic Cooperation and Development (OECD) and the United Nations Food and Agricultural Organisation (FAO), arrives at. The OECD-FAO report forecasts agricultural commodity prices, in real terms,...

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India won't consider EU's demand on duty-free wheat import

-PTI   To protect farmers' interests, India has made it clear to EU that duty-free imports of wheat, barley, lemons, apples, pears and meslin flour will not be allowed under the proposed free trade agreement (FTA). "The EU has asked for duty elimination on wheat, barely, apple, pear, lemon and meslin flour. We have clearly explained to them that India cannot offer concessions on any of these products," a senior Agriculture Ministry...

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Retail inflation up for both farm and rural labourers

-The Business Standard   Retail price inflation for agricultural and rural labourers rose to 9.63 per cent in May, from 9.11 per cent the previous month, mainly because of a rise in the prices of food, fuel and clothing. Wholesale price inflation for May rose to 9.06 per cent from 8.66 per cent a month earlier and was one of the factors for the Reserve Bank of India to raise the repo...

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Looking beyond paddy, finally by Sukhdeep Kaur

Punjab's attempts at diversification from water-guzzling paddy hasn’t made much headway. With looming desertification and reverse flow from water-logged blocks having brackish groundwater to areas where the groundwater table is fast depleting, the need to diversify has been underlined since long. Even in a lean monsoon year (2009), there was a record harvest of the crop. Its acreage did not fall even last year when a major part of the paddy...

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No respite from price rise, food inflation up 9.01%

-The Times of India   Notwithstanding the government's projections of a moderation in the rate of price rise of food items, food inflation jumped to a two-month high of 9.01 per cent for the week ended May 28 on the back of costlier fruits, onions and protein-based items. Food inflation, as measured by the Wholesale Price Index (WPI), was 8.06 per cent in the previous week, while it was as high as...

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