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Donor-funded evaluation shows “AGRA did not meet its headline goal” to reduce hunger in Africa, says a press statement by IATP

-Press release by Institute for Agriculture & Trade Policy (IATP)* dated March 4, 2022 A new evaluation has exposed the serious failures of the Alliance for a Green Revolution in Africa (AGRA) — in its attempt to address hunger and farmer poverty. Funded by Gates, USAID, and western governments, for 15 years AGRA has promoted high-input agriculture, synthetic fertilizers, commercial seeds and subsidies to "catalyze a farming revolution in Africa." This evaluation...

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As wheat prices soar, India could become Asia’s ‘food bowl’ -Subramani Ra Mancombu

-The Hindu Business Line APEDA in touch with countries, exporters to ship out requirements, says its chairman With wheat prices soaring to a record high of $13.50 a bushel (nearly $500 a tonne) on the Chicago Board of Trade on Friday, India is reaching out to exporters and countries that are looking for wheat supplies. In addition, it is also looking to supply other agricultural commodities such as corn (maize) and rice, which...

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Cooking oil prices spike in India due to Russia-Ukraine crisis -B Krishna Mohan

-TelanganaToday.com Hyderabad: Prices of cooking oil are on an upwards spiral and have gained up to Rs 25 more per litre. The Trade segments attribute the increase in prices to the tightening supplies of sunflower and safflower oils, both called as sun oils, to the Russia-Ukraine war. Also, palm oil imports are getting costlier due to the internal Trade restrictions of Indonesia, the biggest producer of palm oil. On the other hand,...

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Amid Ukraine crisis, Punjab exporters stare at Rs.500-crore losses -Aneesha Sareen Kumar

-Hindustan Times Russia-Ukraine war has hit the industry badly with several exporters across the state staring at losses in crores. Exporters in Punjab are staring at nearly Rs. 500-crore losses due to delayed payments Ludhiana: The Russia-Ukraine war has hit the industry badly with several exporters across the state staring at losses in crores. Not only are huge consignments of goods such as hosiery items, bicycle parts, tyres and rice stranded at...

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India's Economy Faces A Potential Stagflation Risk From Ukraine War -Sunil Prabhu

-NDTV.com The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by Trade disruptions and rising oil prices. The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by Trade disruptions and rising oil prices which will push already high inflation further up, which will hurt growth prospects. Gross Domestic Data released on Monday showed the economy slowed in the October-December quarter, even...

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