-The New Indian Express Rice has never been a staple food of Punjab, and the irony is that the rice crop covers the largest fertile area in Punjab. The recent developments regarding the international trade of Indian wheat has sparked a debate about India’s Export policies. Besides the economics of the Export ban move and India’s foreign policy, the public health perspective should also influence decisions regarding the trading and distribution of...
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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 »World Food Crisis: Causes, Consequences and Solutions -C Saratchand
-Newsclick.in The war is exacerbating the food crisis, but to end it, the United States must first realise no military solution to the conflict in Ukraine will bring about the defeat of Russia it seeks. There is a world food crisis spanning the realms of production and distribution. According to the Global Report on Food Crises 2022, acute food insecurity afflicted approximately 193 million people in 2021. They were based in 53...
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 »"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...
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