The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

The present situation is different from that of 2007-2008, although recent climatic events may significantly reduce agricultural production next season. Must history always repeat itself? We are indeed on the verge of what could turn out to be another major food crisis. The FAO Food Price Index at the end of 2010 returned to its highest level. Drought in Russia and the export restrictions adopted by the government, together with...

Women continue to reap less benefits from employment in agriculture than men in rural areas, and the recent global financial and food crises have slowed down progress towards gender equality in farming-related labour, three United Nations agencies said in a joint report unveiled today. According to the report, compiled by the UN Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD) and the International Labour Organization (ILO), women...

“Government callous to plight of people groaning under spiralling prices of food items” Nine political parties, including four Left parties, on Thursday announced a week-long nationwide agitation against price rise. The United Progressive Alliance government was callous to the plight of people groaning under spiralling prices of food items, they alleged. “We have decided to jointly conduct a week-long agitation against the price rise from February 3 to 9. During the...

Union Agriculture Minister Sharad Pawar, while admitting inflation was a cause for concern, attributed the upward trend to the gap between supply and demand. Pawar was speaking to reporters after inaugurating the Centre of Excellence for vegetable, under the Israel-India cooperation in Agriculture. Pawar maintained while the production of a few commodities was increasing, the demand was invariably surpassing the supply, leading to inflation in prices. He maintained the government was looking to...