-The Hindu It is ad hoc, hurts farmers’ incomes, and may not impact inflation much Over the last month, the government has banned the Export of wheat and imposed quantitative restrictions on outbound sugar shipments. The wheat Export ban came within days of a push to enhance India’s wheat supplies to the rest of the world after Russia’s invasion of Ukraine. This is a time of persistently high inflation, spurred by rising...
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In South Asia, record heat threatens future of farming
-United Nations Environment Programme (UNEP) A prolonged and deadly heatwave has hit large swaths of India and Pakistan affecting hundreds of millions of people and sparking food and energy shortages. Experts say the extreme heat is a grim preview of what the climate crisis has in store for a region home to over 1 billion people. Temperatures in India’s capital and parts of Pakistan have at times reached close to 50°C, killing...
More »World’s most vulnerable now paying even more, for less food: FAO
-United Nations News Countries are expected to spend a staggering $1.8 trillion importing food they need this year; this would be a new world record but worryingly, it’s going to buy them less food, not more. That’s according to the UN Food and Agriculture Organization (FAO) which on Thursday suggested that for some countries, the situation potentially heralded “an end of their resilience to higher prices”. Ever-higher fixed costs for farmers of so-called...
More »A ban on wheat Exports was the country’s least damaging option -Indira Rajaraman
-Livemint.com India’s wheat Export proscription was the first signal of awareness that moves on many fronts are needed for inflation control The Indian Export ban on wheat in mid-May drew much negative attention. For the record, it is a ban on private sector wheat Exports, and leaves open government-to-government contracts. The widespread criticism of the ban was misplaced in my opinion. Private wheat traders had responded exuberantly to the global demand for wheat...
More »High in pesticides, many countries send back Indian tea
-PTI/ Hindustan Times All teas sold in the country must conform to the Food Safety and Standards Authority of India (FSSAI) norms. However, most of the buyers are purchasing tea that have unusually high chemical content, Kanoria told PTI. Both international and domestic buyers have rejected a series of tea consignments due to the presence of pesticides and chemicals beyond permissible limits, Indian Tea Exporters Association (ITEA) chairman Anshuman Kanoria said on...
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