-Down to Earth India had pressed for a concrete solution to the issue; but some other countries hardened their positions, resulting in a lack of consensus, according to a delegate The 12th Ministerial Conference (MC12) of the World trade Organization (WTO) that began in Geneva June 12, ended June 16, with India’s demand to seek a permanent solution on public stockholdings (PSH) of food grains being pushed to MC13 in 2023. A member...
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UN report flags nearly 50 lakhs displaced in India due to climate change -Aryan Prakash
-Hindustan Times According to the report, the largest displacements due to disasters in 2021 took place in China (60 lakhs), the Philippines (57 lakhs) and India (49 lakhs). The UN report said that most disaster displacements were temporary. Nearly 50 lakh people in India were internally displaced due to climate change and disasters in 2021, news agency PTI quoted the annual Global Trends Report by the United Nations High Commission for Refugees...
More »How EVs can drive energy security -Himani Jain and Vaibhav Pratap Singh
-The Hindu Business Line Limited charging infrastructure, lack of interoperability services and inadequate access to affordable finance must be addressed Russia’s war on Ukraine has had a devastating impact on the global economy. It has triggered an unprecedented energy crisis as prices of commodities such as coal, natural gas and crude oil have skyrocketed. With oil above $100 a barrel, policymakers in the country are faced with two questions: How to keep...
More »Why are global wheat prices rising so much? -Jayati Ghosh and CP Chandrasekhar
-The Hindu Business Line The Ukraine war is not the sole driver of global wheat prices. Speculative activity has played a bigger role and policy inaction on that front can prove fatal The global food crisis has now grown to such proportions that everyone is talking about it (even though world leaders are doing relatively little about it). It has become an article of faith to blame the war in Ukraine for...
More »India considers wheat exports to 5 nations, diplomatic efforts pick up -Ravi Dutta Mishra
-Livemint.com Following the export ban, India has received requests from Indonesia, Oman, UAE, Bangladesh and Yemen The government has received requests for wheat supplies from at least five countries including Indonesia, one of the world’s largest importers of the grain, and Bangladesh after India banned wheat exports last month, a government official said. While banning wheat exports amid spiralling global prices on 13 May, India kept open the option of government-to-government (G2G) supplies...
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