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Global food prices down on record high production: FAO

-The Business Standard   The FAO Food Price Index fell by 4% in May Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today. The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4%...

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Global food prices drop by 4.0% in May: UN food agency

-Reuters World food prices dropped in May for a second month in a row, hit by steep falls in dairy products, sugar and other commodities, and are likely to fall further in the coming months, the United Nations' Food and Agriculture Organisation (FAO) said on Thursday. Food prices grabbed attention of the world leaders after their spike to record highs in February 2011 helped fuel the protests known as the Arab Spring...

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RURAL URBAN DIVIDE: A TALE OF TWO INDIAS

A government report lends credence to the notion of “two Indias”, or the distinction between “India” and “Bharat” – a theme often debated in recent years. At a time when urban India is growing and policy makers have expressed clear preference for the trend, this report, by National Sample Survey Organisation (NSSO), brings India’s deep urban-rural divide into focus, showing disparities in scale and levels of expenditure and consumption and, equally...

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The politics of food for the hungry-Aruna Roy & Neha Saigal

The 28th of May, marked as “World Hunger Day,” has come and gone but for Pannu Bai Bhil, every day is hunger day. How does someone dealing with chronic hunger view a day marking her plight? Let those of us who overeat at least take stock of a hungry India pitted against bumper crops, number crunching, technologies for profit, markets, and growth rates. The solution for hunger lies in proper...

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The grain glut

-The Business Standard Are subsidised exports the only solution? Surely the intellect of a high-level inter-ministerial committee is not required to conclude that the subsidised export of wheat and the disposal of grain at discounted rates at home can help ease the current grain congestion. However, this seems indeed to be the conclusion reached by the high-level panel set up by the prime minister under the chairmanship of his Chief Economic...

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