Asian governments, battling soaring food inflation, are pumping ever more resources into agriculture but will struggle to offset rapidly expanding demand in top consumers China and India. China, stung by consumer prices running at a 25-month peak, has been selling state stockpiles. It has also ordered banks to urgently offer support to farmers, an example of the sort of firepower these governments can deploy. With China and India also in many cases...

A high-level working group of the Government of India has approved the idea of outbound foreign direct investment by Indians in the production of pulses and oilseeds aimed at meeting domestic demand. This is not a new idea. Since arable land in India is fast shrinking and efforts to lift the output of pulses and oilseeds, besides some other essential commodities, are not bearing fruit, investing in land elsewhere for...

3,344 acres of barren land to be converted into Farmland An agriculture development scheme under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGP) is being launched in 154 of the 187 tribal hamlets in the Attappady Hills in Palakkad. As much as 3,344 acres of barren land will be converted into Farmland under 10,405 works with the implementation of the Rs.64-crore scheme, considered a first of its kind. The salient...

Never mind wishful thinking by the government and RBI. Food will never be cheaper than what it is today. Not this year. Or in future. The reason is simple. Growing food in India has become extremely expensive. Crops are pricier even before they reach the market and face the pulls and tugs of rising local demand and exports. The farmer’s single biggest cost now is labour. Farm labour wages have doubled...

An area of cultivated land the size of Italy is lost each year to environmental degradation, industrialization and urbanization, a UN expert said Thursday. Up to 30 million hectares (75 million acres) of land is lost to the new pressures and Olivier De Schutter, UN special rapporteur on the right to food, said 500 million small farmers suffer from hunger partly because "their right to land is under attack." "As rural populations...