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...
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Price volatility & food crises by Jacques Diouf
The present situation is different from that of 2007-2008, although recent climatic events may significantly reduce agricultural production next season. Must history always repeat itself? We are indeed on the verge of what could turn out to be another major food crisis. The FAO Food Price Index at the end of 2010 returned to its highest level. Drought in Russia and the export restrictions adopted by the government, together with...
More »Oil gang burns collector alive by Satish Nandgaonkar
In the middle of a debate about corruption in high places, the curse struck in a macabre manner from the base of the pyramid on the eve of the celebration of the republic. An additional collector was burnt alive in daylight by a gang that sprinkled kerosene on him after the 44-year-old officer caught their aides pilfering fuel from a tanker in Maharashtra’s Nashik today. The prime suspect, who has a history...
More »UN report highlights disadvantages faced by women in agricultural employment
Women continue to reap less benefits from employment in agriculture than men in rural areas, and the recent global financial and food crises have slowed down progress towards gender equality in farming-related labour, three United Nations agencies said in a joint report unveiled today. According to the report, compiled by the UN Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD) and the International Labour Organization (ILO), women...
More »CAG finds flaws in rural job scheme implementation
The Comptroller and Auditor General of India (CAG) has found several inadequacies in the implementation of the Swarnajayanthi Gram Swarozgar Yojana (self-employment scheme) by the State government, including inadequate coverage of the SC/ST and disabled beneficiaries and ineffective monitoring mechanism. The report of the CAG (Panchayat Raj institutions) - 2009, tabled in the Assembly on Tuesday, points out that non-utilisation of grants on time resulted in the loss of assistance to...
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