-PTI/ The Telegraph 'In the backdrop of Ukraine war, global inflation projected to increase to 6.7% in 2022 with sharp rises in food and energy prices' As the Ukraine conflict impacts the global GDP, India is projected to grow by 6.4 per cent in 2022, slower than the last year's 8.8 per cent but still the fastest-growing major economy, with higher inflationary pressures and uneven recovery of the labour market curbing private...
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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...
More »Devinder Sharma, a well-known trade and agriculture expert, interviewed by Rashme Sehgal (Newsclick.in)
-Newsclick.in Agri expert Devinder Sharma says today, as in the past, commodity trading, massive speculation and unfair terms of trade are behind rising food prices. As India battles food price inflation, Devinder Sharma, a well-known trade and agriculture expert, explains why Indian policymakers should boost farm incomes to revive the economy. “If farmers, comprising 50% of the country’s population, were to receive a higher income through a guaranteed MSP, it would create...
More »Revival Of Economy Should Be Topmost Priority Of World Trade Body: India
-PTI/ NDTV India told the World Trade Organization that the present situation has got a new important problem -- the increasing inflation in most of the domestic economies. New Delhi: India wants the World Trade Organisation (WTO) to play its role in containing global inflation, which is impacting most of the economies of the member countries. According to a statement by India, delivered by Ambassador and Permanent Representative to the WTO, Brajendra Navnit,...
More »Can Modi Govt Handle Approaching Wheat Crisis? -Subodh Varma
-Newsclick.in Production has dipped for the first time in the Modi era and procurement has plummeted, bringing wheat stocks down and affecting foodgrain-based schemes. The Narendra Modi-led Central government is going to be confronted with a crisis that it has never faced yet – shortage of wheat, one of India’s key staples. The worry about this looming cloud is aggravated by the fact that the Modi government has not been particularly successful...
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