India's food price index rose 12.92 per cent in the year to June 19, while the fuel price index climbed 12.90 percent, government data released on Thursday showed. The pace of increase in food prices slowed from the previous week's annual rise of 16.90 percent, while fuel price inflation eased from last week's annual rise of 13.18 per cent. The primary articles index was up at 14.75 per cent. Wholesale price...

PATNAGARH: For generations they have been weaving magic, from bamboo. But, traditional bamboo workers are now close to breaking and the onslaught of substitute materials and government policies since past some decades have driven bamboo weavers to poverty and starvation. The bamboo artisans of Kolpada in Khaprakhol block under Balangir district are leading a life of penury. Inhabited by primitive Kol tribe, by virtue of which the village gets its name,...

The recent announcement of minimum support prices (MSP) for various Kharif crops has once again called into question certain aspects of the official policy towards agricultural pricing. True to pattern, it has come in late. The monsoon arrived at least a week before, and many farmers might have already chosen the crops to sow. The world over governments through their price support programmes, consisting of assured minimum prices and subsidies,...

The Food Outlook of the Food and Agriculture Organization (FAO) that came out in June, 2010 has predicted that world cereal production would be reaching a record level of 2279.5 million tonnes in 2010-2011, which would be an increase of 1.2 percent over last year’s global production of 2253.1 million tonnes. As a result, it has been predicted that there would be a modest increase in world trade in cereal...

The June 1 announcement by Prime Minister Manmohan Singh, while releasing the Report Card for the first year of the second term of the United Progressive Alliance Government, that the Food Security Bill was under preparation and that the Bill would be placed in the public domain for scrutiny and wider consultation has raised hopes about early enactment of the law to ensure the people's right to food as part...