-Scroll.in A global wheat crisis has made the world pay attention to India’s scorching temperatures. But more needs to be done to make agriculture climate resilient. India experienced its hottest March this year since the Indian Meteorological Department started recording weather data in 1901. April was no better: the heatwave continued and 14 weather stations breached their previously registered highest temperature records. The heatwave made global headlines since it scorched the wheat crop...
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What’s falling: Poverty or quality of analysis? -Santosh Mehrotra
-Deccan Herald Dodgy data Surjit Bhalla, India’s Executive Director (IMF), Arvind Virmani, former Chief Economic Advisor under UPA, and K Bhasin, in an IMF Working Paper, state that to estimate poverty, when no survey has been undertaken, is to take the most recent survey (2011-12) data and update individual consumption (or personal) income by the corresponding growth rate observed in the national accounts (NAS). However, there are problems with estimating poverty based on...
More »"Beg India To Reconsider Wheat Export Ban As Soon As Possible": IMF Chief
-NDTV.com India banned wheat Exports earlier this month as an intense heat wave hit output and domestic prices hit a record high. Davos: International Monetary Fund (IMF) chief Kristalina Georgieva on Tuesday implored India to reconsider its ban on wheat Exports, saying the country could play a key role in international food security and global stability. "I do have an appreciation for the fact that India needs to feed nearly 1.35 billion people...
More »Govt wheat procurement down by 53% to 182 lakh tonnes in 2022-23
-PTI/BusinessToday.in The wheat procurement target has been revised downward to 195 lakh tonnes for the current year from the earlier 444 lakh tonnes due to a fall in wheat output and increased Exports. The government's wheat procurement fell by 53 per cent to 182 lakh tonnes so far in the current 2022-23 marketing year compared to the year-ago period on aggressive buying by private players for export purposes, according to official sources. The...
More »Food security does not need this ‘surgical strike’ -Madhura Swaminathan and Deepak Johnson
-The Hindu India’s flip-flop on the export of wheat is an example of the Government lacking a coherent policy of food security The Government of India announced a sudden ban on export of wheat on May 13, 2022, a few days after Prime Minister Narendra Modi had stated that “at a time when the world is facing a shortage of wheat, the farmers of India have stepped forward to feed the world”....
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