-Livemint.com Move aims to give further boost to manufacturing and exports of apparel, commerce and industry minister Piyush Goyal said at an industry event on Saturday COIMBATORE: The Union government is set to come out with a second production linked scheme (PLI) for the textiles sector, to give further boost to manufacturing and exports of apparel, commerce and industry minister Piyush Goyal said at an industry event on Saturday. On possibility of extension...

-Livemint.com Following the export ban, India has received requests from Indonesia, Oman, UAE, Bangladesh and Yemen The government has received requests for wheat supplies from at least five countries including Indonesia, one of the world’s largest importers of the grain, and Bangladesh after India banned wheat exports last month, a government official said. While banning wheat exports amid spiralling global prices on 13 May, India kept open the option of government-to-government (G2G) supplies...

-The Hindu It is ad hoc, hurts farmers’ incomes, and may not impact inflation much  Over the last month, the government has banned the export of wheat and imposed quantitative restrictions on outbound sugar shipments. The wheat export ban came within days of a push to enhance India’s wheat supplies to the rest of the world after Russia’s invasion of Ukraine. This is a time of persistently high inflation, spurred by rising...

-United Nations Environment Programme (UNEP) A prolonged and deadly heatwave has hit large swaths of India and Pakistan affecting hundreds of millions of people and sparking food and energy shortages. Experts say the extreme heat is a grim preview of what the climate crisis has in store for a region home to over 1 billion people. Temperatures in India’s capital and parts of Pakistan have at times reached close to 50°C, killing...

-United Nations News Countries are expected to spend a staggering $1.8 trillion importing food they need this year; this would be a new world record but worryingly, it’s going to buy them less food, not more. That’s according to the UN Food and Agriculture Organization (FAO) which on Thursday suggested that for some countries, the situation potentially heralded “an end of their resilience to higher prices”. Ever-higher fixed costs for farmers of so-called...