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The era of cheap food may be over-Larry Elliott

-The Guardian A spike in prices caused by poor harvests and rising demand is an apt moment for the west to reassess the wisdom of biofuels The last decade saw the end of cheap oil, the magic growth ingredient for the global economy after the second world war. This summer's increase in maize, wheat and soya bean prices – the third spike in the past five years – suggests the era of...

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Developing a land acquisition policy for India-Dilip Mookherjee and Maitreesh Ghatak

-Live Mint The current policy on compensating landowners could adversely affect character of India’s future growth The Parliament is currently considering a land acquisition, rehabilitation and resettlement Bill (LARR Bill), as are various state legislatures. These are likely to affect the pace and character of future growth in India in a significant way.  Setting up new industries, service establishments and real estate development will inevitably require land to be acquired from rural areas....

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This Bill for acquisition is not steep at all-Jairam Ramesh, K Raju & Muhammad Khan

-The Hindu In her article in The Hindu, (“Nailing the lie of the land,” Op-Ed, August 23, 2012), Ms Medha Patkar has forcefully and with reason argued against the devastating consequences of land acquisition. Without getting into the concerns raised with regard to the larger “development model” we would like to respond to the issues she has raised with the proposed Bill on Land Acquisition which seem predicated on an understanding...

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Tractor sales forecast cut as sowing area drops -Siddharth Philip & Swansy Afonso

-Live Mint Mahindra and Mahindra Ltd, the world’s biggest tractor maker by volume, cut its forecast for sales growth of the farm equipment in India as the worst rainfall in three years delays crop sowing. Mahindra estimates industry sales to expand as little as 2% in the year ending 31 March, Pawan Goenka, president of the automotive and farm equipment division at the Mumbai-based company, said in an email response on Thursday. Goenka...

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Arif Husain, Deputy Chief of the Food Security Analysis Service in World Food Programme interviewed by WFP podcast team

-World Food Programme Global food prices have taken a worrying turn as drought in the United States causes grain prices to surge. In the latest episode of the Food Factor Podcast, we spoke with WFP’s Deputy Director of Food Security Analysis Arif Husain to find out what the third food-price shock in five years means for the fight against hunger. * What are the main factors behind rising food prices this year? The...

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