-IndiaToday.in How is the wheat export ban affecting its price in the domestic market? From war to Heatwaves and floods to drought, wheat, a crucial global food, is under attack and is getting more expensive day by day. India was seen as a collateral beneficiary after the Russia-Ukraine war, but bread became more costly after a ban on its global sales. But this price change is working differently in the Indian domestic...
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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 »India roasted -Renu Kohli
-The Telegraph The economic impact of Heatwaves is steep India is feeling the heat in ways other than the rising prices. The ongoing Heatwave, in which temperatures have shot above 45 degree Celsius in many parts of northwest and central India, highlights the rising climate risks and their attendant costs. Heatwaves, beginning earlier than in the past, are part of a changing climate whose defining features, in addition to the gradual rise...
More »Centre allows 18 percent relaxation for shrivelled wheat from Punjab & Haryana; but procurement over -Harpreet Bajwa
-The New Indian Express But interestingly the procurement in both states is over. CHANDIGARH: The Centre has allowed relaxation in procurement norms for shrivelled wheat grains up to 18 per cent against the earlier specification of 6 per cent with any value cut for the central pool from both Punjab and Haryana. This, due to the abnormally high temperatures. A letter written on Friday by Vishwajeet Haldar, Deputy Commissioner (Storage and Research Division) in...
More »G7 Ministers Condemn India’s Decision to Ban Wheat Exports Amid Ukraine Crisis
-TheWire.in "If everyone starts to impose export restrictions or to close markets, that would worsen the crisis," German agriculture minister Cem Ozdemir told the news agency AFP. New Delhi: Agriculture ministers from the Group of Seven (G7) industrialised nations on Friday, May 13 condemned India’s decision to ban unapproved wheat exports after the country was hit by a punishing Heatwave. “If everyone starts to impose export restrictions or to close markets, that would...
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