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World Food Production/ Prices Update

Amidst predictions by FAO of a record world cereal production of 2279.5 million tonnes during 2010-2011, the bad news is that drought conditions may bring down Russia's domestic wheat production to 50 million tonnes in the current year from 63.7 million tonnes in 2008-09. Russia has already imposed a temporary ban on wheat exports. This has pushed up international prices of wheat contradicting the prediction of FAO's Food Outlook 2010...

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Traders expect India to lift rice export ban by Amena Bakr

India should be able to lift the ban on non-basmati rice imports this year as a bumper crop is expected due to a positive outlook on monsoon rain, traders said on Tuesday. India, the world’s second largest exporter of rice after Thailand banned exports of non-basmati rice in 2008, as high prices of the grain put pressure on domestic supply. “India should come online this year as the harvest is expected to...

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HDI Overview

KEY TRENDS   • In 2018, India's Human Development Index (HDI) ranking was 129th (HDI value 0.647) among 189 countries and UN recognized territories, while China's ranking was 85th (HDI value 0.758), Sri Lanka's 71st (HDI value 0.780), Bhutan's 134th (HDI value 0.617), Bangladesh's 135th (HDI value 0.614) and Pakistan's 152th (HDI value 0.560) *8    • In 2017, India's Human Development Index (HDI) ranking was 130th (HDI value 0.640) among 189 countries, while China's ranking was 86th (HDI...

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Corruption

  KEY TRENDS   • According to the CMS-India Corruption Study 2018, among states, 73 percent households in Telangana, 38 percent in Tamil Nadu, 36 percent in Karnataka, 35 percent in Bihar, 29 percent in Delhi, 23 percent in Madhya Pradesh; 22 percent in Punjab and 20 percent households in Rajasthan experienced demand for bribe or had to use contacts/middlemen, to access the public services @@    • According to the CMS-ICS 2017 study, the states where...

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Union Budget And Other Economic Policies

**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...

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