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Bold reform is needed to deal with the long-term problem of rising food prices, International Monetary Fund (IMF) chief Dominique Strauss-Kahn said in an comment piece published yesterday. He wrote in the Financial Times that high food prices were "a serious humanitarian concern" and that more aid would be needed to help feed the poor, but added that "we must be bolder in tackling the long-term challenges of food supply."

Bold reform is needed to deal with the long-term problem of rising food prices, International Monetary Fund chief Dominique Strauss-Kahn said in a comment piece published Monday. He wrote in the Financial Times that high food prices were

When the order came down from the top brass of Bangladesh's armed forces it sounded like a joke. Some of the soldiers and sailors who were told that from now on their daily rations would include increased servings of potatoes almost certainly did not take it seriously either.

THE government is considering a proposal to allow foreign direct investment (FDI) in food retail albeit with a caveat that all companies would have to meet mandated export obligations. The Ratan Tata-led Investment Commission has favoured permitting FDI in food retail, especially fresh and processed fruit and vegetables, with export commitments.

Food inflation in the time of rising fuel prices has a new dimension: diversion of more and more farmland for bio-fuel production. Three experts debate whether food and fuel are either/or choice. What is the long-term solution for obtaining food security? Can a multilateral body like the WTO or UN have a role in this? Can reneweable fuels meet growing energy demand? SUNITA NARAIN Director, Centre for Science and Environment

It is amusing that the Union Government should express concern at the increasing use of foodgrains for production of bio-fuels in parts of the world.

At around 5 p.m. on April 2, local police and officers from the Philippines National Bureau of Investigation descended on a four-story warehouse in suburban Manila. They were acting on a tip-off about possible illicit activity. But the agents weren't searching for drugs or knockoff Rolexes. They were looking for rice.

High food prices are today a serious humanitarian concern. They are also a source of macroeconomic instability affecting budgets, trade balances and, of course, incomes almost everywhere in the world.

The foreign adviser, Iftekhar Ahmed Chowdhury, has urged the UN secretary general, Ban Ki-moon, to immediately establish a high- level task force to address the acute global food crisis. He made the appeal while chairing a ministerial meeting of LDCs on the eve of the inauguration of UNCTAD-XII in the Ghana's capital on Saturday. Iftekhar proposed that the task force, comprising eminent persons, should address long-term food security issues including those of agricultural productivity, grains trade, land utilisation and diversion for bio-fuels.

Developing countries are fighting hard to retain the right to increase farm im-port tariffs in spite of slashing them rapidly to cope with the global food crisis. Faint signs of progress in the troubled "Doha round" of global trade talks last week in Geneva were imperilled by a fresh dispute over poor countries' ability to protect their farmers with tariffs.

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