A quiet transformation took place in India’s rural economy within five years of MSP’s introduction. All doubts about India's ability to feed itself were laid to rest.
In his broadcast to the nation on 19 October 1964, Lal Bahadur Shastri addressed India’s dependence on food imports, calling austerity the need of the hour.
Over the last year, the cost of wheat flour in Pakistan increased by a whopping 120%, coinciding with inflation which touched an all-time high of 46.7%.
The European Union loosening sanctions means that banks can now process payments to Russian state-owned entities engaged in the trade of food and fertilisers.
While virtually addressing the IISS Shangri-La Dialogue in Singapore, the Ukraine President accused Moscow of blocking Ukrainian ports and depriving the world of food grains.
German agriculture minister Cem Ozdemir said imposing export restrictions or closing markets would worsen the crisis. Actually, the opposite might be true.
Administrative efficiency and targeted schemes can ease frictions, but they cannot offset the competitiveness loss from expensive imported intermediates.
Armenia has procured significant defence equipment from India, including artillery guns, multi-barrel rocket launchers, air defence system, sniper rifles, weapons locating radars, anti-drone weapons.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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