-The New Indian Express The report finds that about 1 in 10 people worldwide are suffering from hunger and nearly 1 in 3 people lack regular access to adequate food. NEW DELHI: The climate crisis, the Covid-19 pandemic and an increased number of conflicts around the world could lead to an additional 75 million to 95 million people living in extreme poverty in 2022, compared with pre-pandemic projections, according to The Sustainable...
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India's economy recovered strongly despite 3 COVID-19 waves, says U.S. Treasury report
-PTI/ The Hindu “India’s acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery” The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress. India's acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery, the Treasury said in a semi-annual report. "However, economic activity rebounded strongly in the second half...
More »Is the ban on wheat exports good policy? -Vikas Dhoot
-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...
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 »Wheat Shouldn't Go The Way Of Covid Jabs: India Calls Out West On Exports
-PTI/ NDTV.com Global food crisis: At the high-level meeting, India spoke about the issue of the wheat export ban for the first time in the UN since its May 13 announcement. United Nations: Calling out the West, India on Wednesday said that food grains should not go the way of the Covid-19 vaccines as it voiced concern over hoarding and discrimination amid the "unjustified increase" in food prices. It stressed that its decision...
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