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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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PM Modi assures Sri Lanka of immediate supply of fertilizer -Meera Srinivasan

-The Hindu Swift arrival of consignment critical to current production cycle, says Agriculture Ministry official  Prime Minister Narendra Modi has assured Sri Lanka of immediate supply of fertilizer, the Sri Lankan President has said, as the island braces for a food crisis amid a crushing economic meltdown. “President Gotabaya Rajapaksa has said that Indian Prime Minister Narendra Modi has agreed to provide the fertilizer required for the Yala season cultivation immediately,” Mr. Rajapaksa’s...

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Union budget 2022-23: Big cut in fertilisers subsidy to worry farmers -Bhagirath

-Down to Earth Urea subsidy cut 17%; allocation for NPK subsidy reduced 35%  Amid acute shortage of fertilisers in India, Union finance minister Nirmala Sitharaman February 1, 2022, reduced subsidy on urea and nutrient-based (NPK) fertilisers. The move is expected to adversely hit the ailing farm sector. The Rs 63,222.32 crore allocation for urea subsidy in her Budget for 2022-23 was 17 per cent lower than the revised estimates (RE) for 2021-22. Another...

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Indian farmers turn to black market for fertilisers as prices soar -Pratik Parija and Vrishti Beniwal

-ThePrint.in India is one of the worst affected by worldwide fertilizer crisis. Crop nutrients' prices soared as tight coal & natural gas supplies forced fertilizer plants in Europe to close. New Delhi: Indian farmers squeezed by a massive shortage of fertilizers are turning to the black market and paying exorbitant prices for supplies. The shortfall has led to a thriving market where subsidized crop nutrients are sold illegally at prices much higher than...

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Convergence of agrarian discontent in South Asia -Ahilan Kadirgamar and Hashim bin Rashid

-The Hindu With protests becoming catalysts for anti-authoritarian struggle, the air is ripe for new visions of rural emancipation Those familiar with the systematic attack on agriculture in South Asia over the last decades will not be surprised at the ongoing farmers’ protests in India. It could have been Pakistan, where farmers protesting for support prices were beaten up and arrested in Lahore only a month ago, or Sri Lanka, where shortages...

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