-TheWire.in The MoEFCC's recent decision to exclude new-gen GM plants from the ambit of existing biosafety rules endangers our food system, food exports, farmers' rights over their crops and the country's biological heritage for the sake of corporate profits. Christmas came early for Big Biotech companies and their allied seeds multipliers as the Ministry of Environment, Forest and Climate Change (MoEFCC) has recently, through an office memorandum, excluded the new generation genetically...
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Wheat export at 70.30 lakh tonnes till Mar 21 this fiscal: Govt tells Parliament
-PTI/ Business Standard "The total export of wheat in terms of quantity during 2021-22 (till 21st March 2022) was 70.30 LMT" The total wheat export stood at 70.30 lakh tonnes till March 21 this fiscal, with maximum shipments to Bangladesh followed by Sri Lanka and UAE, Parliament was informed on Friday. As both Ukraine and Russia are major exporters of wheat with more than 25 per cent total share in the global wheat...
More »‘Compromise’ on TRIPS waiver is a sellout -Latha Jishnu
-Down to Earth Tough new conditions emerge in the compromise deal to ease WTO intellectual property barriers to production of COVID-19 medical tools We are back to square one. Back to the beginning after 18 months of a wearying, tortuous series of negotiations that carried on while millions of lives hung in the balance — and still do. The waiver of intellectual property (IP) rights on medicines, vaccines and diagnostics to fight the...
More »How Will India Fare in the Brewing Global Food and Fertiliser Crisis? -Kaushal Shroff
-TheWire.in According to a research note by SBI, for every one dollar of increase in the pooled gas rate, India’s fertiliser subsidy bill shoots up by Rs 4,000-5,000 crore. There is no such thing as a localised conflict in a globalised world. Sooner rather than later, fallouts from the Russia-Ukraine war will overwhelm the operations of developed and developing economies alike, leading up to the largest, and possibly, the worst food crisis...
More »Soaring prices of wheat also have broad implications -Vivek Kaul
-Livemint.com Painful food inflation has stoked political unrest in many countries before and could do so again In order to understand the political and economic repercussions of Russia’s attack on Ukraine, analysts and economists have been concentrating on the rise of crude oil and natural gas prices, among other things. This isn’t surprising given that Russia is the world’s second largest exporter of oil and the largest exporter of natural gas. But...
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