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West Asia Conflict Deepens Global Hunger Concerns Why in the News ? The United Nations World Food Programme (WFP) has warned that the prolonged conflict in West Asia is worsening global food insecurity and threatening nutritional security. Rising energy prices, trade disruptions affecting international trade, and humanitarian funding shortages are increasing the risk of hunger …
Read MoreGOLDILOCKS OR DISTRESS-LOCKED? DEFLATION AND RURAL INDIA Syllabus: GS-3: ● Indian economy ● Growth and development Why in the News? Despite strong GDP growth and historically low inflation, recent macroeconomic data reveal sustained deflation, especially in rural and primary sectors. Falling prices in agriculture, stagnating wages, declining farm incomes, and rising loan defaults raise concerns …
Read MoreTHE THALI INDEX AND INDIA’S FOOD SUBSIDY REFORM Syllabus: GS-3: India Economy and development Food Security Why in the News? A recent analysis of India’s household consumption expenditure survey (2023–24), juxtaposed with the ‘Thali Index’, has revealed significant gaps between poverty estimates and actual food consumption affordability. Despite optimistic poverty data from SBI and the …
Read MoreWhy in the news? “India’s Finance Ministry reports global economic rebound, easing food inflation, and positive domestic indicators for March 2024.” source:medium About the Global Economic Outlook: The Finance Ministry of India highlighted a positive global economic trend, with major economies experiencing growth rebounds, which could benefit India’s economy. Despite concerns over high food inflation …
Read MoreWhy in the news? Retail inflation in India drops to a 10-month low of 4.85% in March, driven by moderation in food and fuel prices. Source:TH About Retail Inflation in March: Retail inflation in India dropped to a 10-month low of 4.85% in March, primarily due to moderation in food and fuel prices, along with …
Read MoreWhy in the news? RBI maintains a repo rate at 6.50% due to concerns over high food prices despite moderate overall inflation. Source:eduprep About the Concern Over Food Prices: RBI remains concerned about the spike in food prices despite a moderation in overall inflation. The Monetary Policy Committee (MPC) decides to keep the policy repo …
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