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India to import rice, says Pranab

India, a traditional rice exporter, will import the grain for the first time in 20 years to meet a projected shortfall of the crop hit by drought and floods, the government said on Wednesday. “We started rice season, that is from October 2009, with almost six million tonnes of surplus ... Still there is a projection that there is some shortfall of Kharif crops. So to make it up, we...

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Failed Food Summit and rising hunger

The three-day World Summit on Food Security (WSFS) that opened in Rome, Italy on 16 November, 2009 has ended with serious differences among participants. Among those expressing dissatisfaction with the final declaration was no less a person than Jacques Diouf, the head of UN’s Food and Agriculture Organisation (FAO). Diouf criticised the declaration for not including exact targets to reduce hunger. There is no mention of a deadline for the...

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Summit disappoints UN food chief

The head of the UN food agency, Jacques Diouf, says he is not satisfied with the final declaration of the UN world food summit in Rome. Mr Diouf criticised the declaration - which vowed "urgent action" to boost food security - for not including exact targets to reduce hunger. Aid agency Oxfam also condemned the statement as "un-costed, unfunded and unaccountable". The UN estimates more than one billion people worldwide...

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Don’t uncork the bubbly yet! by Paranjoy Guha Thakurta

That the economies of Asia, in particular China, India and Australia, are responsible for whatever growth is currently taking place on the planet is now acknowledged and underlined by the West as well as by multilateral financial agencies like the International Monetary Fund (IMF) and the World Bank. The 3.5 per cent growth in the American economy in the July-September quarter has enthused many into believing that the worst of...

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Lofty goals left unachieved by Jayati Ghosh

For some time now, the Millennium Development Goals (MDGs) have been the organising framework for the activities of international organisations and donor agencies. It is probably not very useful any more to quarrel about their relative lack of ambition, their limited aims and absence of recognition of the structural causes of poverty and inequality. All that is well known; even so, simply because of their wide acceptance, the MDGs have...

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