The pandemic, followed by Russia’s invasion of Ukraine, inflicted back-to-back body blows on global supply chains and production, leading to shortages all around.
Since the agreement was extended beyond Nov. 19, no more than five ships a day have departed Ukraine, U.N. data show, down from previous weeks and months when up to 10 departed.
Speaking at a pre-launch celebration of 2023 as the International Year of Millets, the minister shared how each of the 3Cs has impacted food security putting the global economy at risk due to the concentration of production centres and trade disruption.
Russia's invasion of fellow grain exporter Ukraine pushed global prices of staples to record highs earlier this year, and United Nations agencies have warned of a worsening food situation in the poorest countries.
Approximately 227 lakh metric tons (LMT) of wheat and 205 LMT of rice are available as of October 1, which is well above buffer norms
They, however, said farmers, at the individual level, have been hit the hardest by the highly erratic monsoon and many have not yet received help from state governments.
Bill Gates said that investment in seed innovation, which is around $1 billion at the moment, needs to be doubled to ensure it has the desired impact.
India’s wheat and paddy crops have been affected this year due to heat waves and deficient monsoon showers in some parts of the subcontinent
Before the coronavirus crisis, 135 million suffered from acute hunger worldwide, said Corinne Fleischer, the WFP's regional director, told Reuters.
The invasion of Ukraine has created a global food and fertilizer crisis. Fortunately, tackling today’s agricultural problems will ease tomorrow’s as well.
In the Red Sea port city of Jeddah, Biden will meet with heads of state from six Arab Gulf countries, plus Egypt, Jordan and Iraq for a regional summit.
The first-ever meeting of I2U2 leaders focused on the food security crisis and clean energy. India, Israel, the US, and the UAE have committed to advance low-carbon industries and promote green tech.
The new rankings reveal that some states and union territories significantly lag others in terms of the coverage, beneficiary satisfaction, digitisation, and overall system efficiency of their Targeted Public Distribution System. Goa was the worst performing state on these metrics, while Ladakh had the worst implemention of NFSA.
The department also said the high food security cover has already "created a serious fiscal situation" and is not needed in non-pandemic times.
The deals were ground out over five days of bargaining at a conference of more than 100 trade ministers that was seen as a test of the ability of nations to strike multilateral trade deals amid the Russia-Ukraine war
"India is 100% satisfied with the outcome of WTO's MC12 conference. India was successful in ensuring the livelihood of its farmers and fishermen," Goyal said.
Sustainable production, sustainable consumption, and reduced food wastage are key actions required to solve the climate challenge and therein drive greater food security
The four-day 12th ministerial conference (MC) will start on June 12 in Geneva. The meeting is taking place after a gap of four years and in the backdrop of the Ukraine-Russia war and uncertain global economic situation.
According to the Food Ministry, the government has acquired 184.58 lakh tonnes of wheat at an MSP value of Rs 37,192.07 crore so far in the ongoing 2022-23 rabi marketing year. However, total wheat purchases by the Food Corporation of India (FCI) and state agencies are significantly lower than the previous year.
In the US, consumer spending held up well despite decades-high inflation, and showed more evidence that they’re dipping into their savings to support purchases.
Climate Change must be treated as a global emergency. Its impact may not hit the entire world at the same time, like COVID-19 did, but its impact on economies may be as disastrous
The total will include $12 billion in new projects and over $18 billion funds from existing food and nutrition-related projects that have been approved but have not yet been disbursed, the bank said.
The government’s plan to export the grain, even when there has been a fall in yield from bad weather, had started speculation India could face a food security problem
Observing that inflation in India is somewhat elevated, he said that it is a little bit above the comfort zone for the Central Bank, which is already addressing that issue.
India has committed to opening a new Indian Institute of Technolgy would be set up in the UAE, while the UAE would invest more in India's health sector. Both nations have also decided to focus more on strengthening supply chains for medical supplies and agri trade.