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Will intervene in market if wheat price increased abnormally: Centre

-The Hindu FCI has adequate stocks of wheat and rice, says Food Secretary Amid reports of increase in the wheat price during the festive season, the Centre said on Monday that it would intervene in the market if the price increased abnormally. Talking to reporters, Union Secretary of Food and Public Distribution Sudhanshu pandey said sufficient stocks of wheat and rice were available in the Central pool to meet the requirement of...

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"Erroneous, Methodological Issues": India On Poor Hunger Index Rating -Kadambini Sharma

-NDTV.com Three out of the four indicators are related to health of children and cannot be representative of the entire population, India said New Delhi: India on Sunday termed the 2022 Global Hunger Index (GHI) report an "erroneous measure of hunger" and claimed it "suffers from serious methodological issues", after its ranking slipped to 107th out of 121 countries. A press note issued by the Union Ministry of Women and Child Development said...

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Poorer India: Editorial on World Bank data on poverty line

-The Telegraph According to a recent estimate, about 80 per cent of the 70 million people who slipped below the poverty line worldwide during the pandemic were from India Poverty numbers can be confusing as they depend on the choice of the poverty line and the statistical method of estimation. These may result in differences in the results arrived at. The latest data from the World Bank show that for South Asia...

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Macro policy for uncertain times -Sonal Varma

-Business Standard External storms are morphing into hurricanes. India is in a relatively better position than many other countries, but this period of heightened volatility will require agility and clarity on policy Despite recovering from the pandemic, repeated global shocks have presented numerous challenges for India’s economy this year, driving inflation and evoking balance of payments (BoP) pressures. These shocks will likely persist for much longer.  In the US, even amidst signs of...

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