Food waste index report 2024
<p>The world wasted an estimated 19 per cent of the food produced globally in 2022, or about 1.05 billion metric tons, according to this new report by the UNEP.</p>
<p>The world wasted an estimated 19 per cent of the food produced globally in 2022, or about 1.05 billion metric tons, according to this new report by the UNEP.</p>
It is a hard blow that will not land softly. As the Manmohan Singh government braces for the June 5 fuel shock to reflect more fully in this Friday's inflation figures, even a good monsoon may not quite rescue it from the political quagmire of high food prices and rising interest rates.
Leaders of the Bangladesh Garment Workers' Trade Union Centre yesterday demanded budgetary allocation to introduce food rationing for 2.5 million workers in the sector. In a statement the Centre leaders said the government and the factory owners should create a joint fund to begin the factory-based rationing of food. Faced with soaring prices of daily commodities, they said the low-paid workers are struggling to meet their daily needs. The workers, mostly female, are enormously contributing to the national economy but their lives are at stake, they added.
By Hal Weitzman in Pike County, Illinois, and Javier Blas in London Consumers were warned to expect even sharper increases in global food prices after US officials said that some of the country's best farmland was facing its worst flooding for 15 years. Agriculture officials and traders said the damage could push up worldwide corn and soyabean prices, which have spiralled in recent days as floods have swamped crops in parts of Iowa, the US's biggest corn-producing state.
The government raised the procurement price for paddy last week, from Rs 645 per quintal for common varieties to Rs 850 per quintal. Under normal circumstances, this would have been seen as a pretty substantial increase, being almost 32 per cent, but it turned out to be less than the 55 per cent increase that the Commission of Agricultural Costs and Prices had recommended, taking the proposed price to Rs 1,000 per quintal. From a strictly economic perspective, the government's decision to split the difference does have significant merits.
Virendra Singh Rawat / Lucknow With record wheat procurement in Uttar Pradesh this year
The NWFP government, in its budget for fiscal 2008-09, has targeted the resolution of the problems of food and security in the province. "Handsome sanctions of funds have been made for the resolution of these two problems faced by the province," said NWFP Finance Minister Mohammad Hamayun Khan in a post-budget press conference here in the Cabinet Room of the Civil Secretariat.
The Asian Development Bank (ADB) is going to provide Bangladesh with food assistance of $130 million as budget support to meet the government's food requirement under its social safety net programmes in next fiscal year. Earlier, the government sought $200 million from ADB, which is acting as mediator for Bangladesh to get food aid from other development partners so that people don't face crisis.
The Asian Development Bank would provide a food assistance of $130 million as budget support for fiscal year 2008-09 to meet the government's food requirement under its social safety net programmes.