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World Bank's New Warning On Sri Lanka Amid Severe Food Price Inflation

-Asian News International/ NDTV.com Sri Lanka Economic Crisis: This comes as food price inflation remains at a multiyear high in South Asian countries including Pakistan. Colombo: Sri Lanka is ranked fifth among the 10 countries with the highest food price inflation in the world, according to the latest World Bank assessment. In its Food Security update, the World Bank said trade policy actions on food and fertilizers have surged since the beginning of...

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Centre weighs ban on rice exports -R Suryamurthy

-The Telegraph Officials said the government is weighing up the option of some kind of restrictions on the shipments of rice New Delhi: After wheat, the Centre is mulling curbs on rice exports as the acreage under the crop this season has shrunk about 13 per cent over the previous year because of deficient rains in key rice-growing states — leading to a rise in the price of the foodgrain. Analysts said the...

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Macrovariable projections in uncertain times -Arun Kumar

-The Hindu International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely...

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Central government plans to scrap wheat import duty -R Suryamurthy

-The Telegraph Officials say Centre is considering several other measures such as doing away with stock holding limit of foodgrain The government plans to scrap the import duty on wheat to encourage inward shipment and meet its growing demand during the festive season. Officials said the Centre was considering several other measures such as doing away with the stock holding limit of the foodgrain. Analysts said the move might not fetch the desired results...

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Rediscover the ragi -Diptimayee Jena and Srijit Mishra

-The Telegraph The Intergovernmental Panel on Climate Change has pointed out weather variations, global warming, and water scarcity can adversely affect food production Climate change and the agrarian crisis are intertwined. They are manifest in the threat to food and nutritional security. These challenges have been further aggravated by the pandemic, the war in Ukraine, and reduced global food production. The looming hunger crisis is especially potent for vulnerable populations living in...

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