-PTI A sum of over Rs. 642 crore has been incurred on Prime Minister Manmohan Singh's air travels abroad in the last nine years. This information has been made public by the PMO as part of obligations under the mandatory proactive disclosure clause of the Right to Information Act. The information reveals that Singh undertook 67 travels since 2004 when he took over as PM, of which bills of five have not been...
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The food mountain: security or a liability?- Renu Kohli
-Live Mint Exporting one's way out of the surplus is a losing proposition as global prices have fallen rapidly in the past few weeks India held 77.5 million tonnes (mt) of food stocks in its central pool on 1 May. These stocks had reached a record high of 82.4 mt on 1 June 2012, and that level could be crossed if wheat procurement this May is similar to the procurement a...
More »Deciding who gets to eat -Brinda Karat
-The Hindu By allowing futures trade in food and diversion of farm land for commercial purposes, the UPA government is fuelling the price rise International agencies are warning of high food prices on a global scale in 2013 if urgent action is not taken. But our government shows little concern. The President’s address to Parliament had only a cursory mention of inflation. “Inflation is easing gradually, but is still a problem,” he...
More »Rise in Argentina’s maize exports to ease pressure in international food markets–UN
-The United Nations Argentina’s announcement that it would export an additional 2.75 million tonnes of maize this year will help ease tight international markets, the United Nations food agency said today, adding that while this is a welcome measure, countries must remain vigilante to avoid a global food crisis. According to the UN Food and Agriculture Organization (FAO), the announcement was made by Argentina’s Minister of Agriculture, Norberto Yauhar, who had just...
More »We'll make a killing out of food crisis, trading boss boasts-James Cusick
-The Independent Drought is good for business, says Glencore chief The United Nations, aid agencies and the British Government have lined up to attack the world's largest commodities trading company, Glencore, after it described the current global food crisis and soaring world prices as a "good" business opportunity. With the US experiencing a rerun of the drought "Dust Bowl" days of the 1930s and Russia suffering a similar food crisis that could see...
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