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Diesel & wages to push up food inflation -Mayank Mishra

-The Business Standard A delayed monsoon has forced farmers in Western UP to use alternative sources of irrigation, incurring 25-30% extra costs Saharanpur/Muzaffarnagar (UP): If the latest inflation reading at eight per cent, largely fuelled by near double-digit food inflation, has left us worried, get ready to pay even more for food in coming months. Though the monsoon deficit has reduced to only 17 per cent, the rise in input cost...

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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar

-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...

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Can India feed 1.7 billion people by 2050? -Cecilia Tortajada & Asit K Biswas

-The Business Standard In a country where 35 to 40 per cent of food is not consumed, the government urgently needs to reduce wastage to an acceptable level By current estimates, India's total population will be similar to China's by 2028, 1.45 billion. By 2050, India's population is expected to reach 1.7 billion, which will then be equivalent to nearly that of China and the US combined. A fundamental question then...

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Commodities price ease as monsoon advances -Suresh P Iyengar

-The Hindu Business Line Edible oil, sugar prices drop sharply as rainfall deficit shrinks to 19% Mumbai: With the monsoon deficit shrinking and the Government keen to crack down on hoarders, prices of most essential commodities such as edible oil, sugar and wheat are showing signs of softening in the wholesale market. After a lacklustre start, the South-West monsoon has recovered since mid-July. The rainfall deficit has shrunk to 19 per cent currently.....

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All about genetically modified food -Rahul Goswami

-The Asian Age Three common arguments are advanced to the citizens of India as justifying the need for genetically modified crops. None of these owe their intellectual genesis to the present NDA government (which is employing them nonetheless), and can be found as theses in both UPA2 and UPA1. They are: Genetically engineered seed and crop are necessary in order that India find lasting food security; that good science and particularly...

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