An annual meeting of Asian finance ministers and central bank governors in Hanoi is set to address the fate of 64 million people in the region on the brink of extreme poverty. They are the worst affected by soaring food prices, which have hit record highs in the first two months of this year. "The issue of food price inflation and food security will indeed be one of the key topics...
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MNC may need govt nod to buy local pharma firm by Khomba Singh
The government may approve acquisitions of local drugmakers by global firms on a case-by-case basis on certain conditions to ensure availability of medicines at affordable prices, despite calls for restrictions on such deals in the wake of a spate of takeovers in the last three years. Multinationals may have to move buyout proposals through the Foreign Investment Promotion Board (FIPB), allowing the government to understand the firm's rationale for buying a...
More »Cash transfers and food insecurity by Kannan Kasturi
Distribution of basic food grains and fuel at controlled prices every month through the Public Distribution System (PDS) could be the largest service provided by the Indian State, touching as it does over 65 million families through a network of nearly half a million retail shops. Given that the urban middle class has little stake in the health of the PDS, there have to be some compelling reasons for the...
More »Securing food for an emerging India by Rana Kapoor
The world population is estimated to reach nine billion by 2050. The Food and Agriculture Organisation (FAO) estimates that global food production needs to increase 70 per cent by 2050 compared to average 2005-07 levels to feed the rising global population. Clearly, a large part of the consumption will happen in India and China; which would require an additional 1.6 billion hectares of land to be brought into cultivation compared to...
More »Poverty norm or calorie norm? by Swarna S Vepa
Kerala and Tamil Nadu with the lowest calorie consumption seem to show better health outcome indicators This report, a joint initiative by the MS Swaminathan Research Foundation — an institution with a remarkable long term commitment to issues related to food security — and the United Nations World Food Programme, should serve as an excellent hand book on urban food insecurity. Aside from providing all the relevant information in a consolidated...
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