World Bank president Robert Zoellick recently listed nine measures that the G20 should adopt under its current French presidency. These range from improving information about grain stocks and developing better weather-forecasting methods to strengthening social safety nets for the poor and helping small farmers benefit from tenders from humanitarian purchasers such as the World Food Programme . These measures tackle only the symptoms of the global food system's weaknesses, leaving the...
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Powerless in Urjanchal by Samar Halarnkar
Madhya Pradesh chief minister Shivraj Singh Chouhan wants it to be the new Singapore. State officials call it Urjanchal, land of energy. For sociologist Sakarama Somayaji, the enduring image from India’s emerging energy wonderland in Singrauli is the women who sell baskets of stones on the roadside. Individually or in groups, the women break stones, and sell them to passing trucks for R80-R90 a basket, a day’s labour. The women are...
More »Neoliberal illogic by Prabhat Patnaik
The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....
More »Of margins and the marginalised by Jayati Ghosh
The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...
More »FAO blames knee-jerk policy moves for food situation
Export curbs during 2008 crisis ‘exacerbated' situation. The Food and Agriculture Organisation on Wednesday said short-term policy actions, especially curbs on exports, could have harmful effects in the longer term and even aggravate the situation. In statement put on its website, the organisation, a body of the United Nations, pointed out at the 2007-08 crisis in the global food market as an example of how such decision can exacerbate the situation...
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