مورد إلكتروني
The Ukraine war and its food security implications for India
| العنوان: | The Ukraine war and its food security implications for India |
|---|---|
| بيانات النشر: | International Food Policy Research Institute (IFPRI) Washington, DC 2022 |
| تفاصيل مُضافة: | SJ, Balaji; Babu, Suresh Chandra http://orcid.org/0000-0002-8706-2516 Babu, S. Is Format Of Google Books http://books.google.com/books/about?id=UQSMEAAAQBAJ Google Play https://play.google.com/store/books/details?id=UQSMEAAAQBAJ |
| نوع الوثيقة: | Electronic Resource |
| وصف مادي: | 12 pages 421760 Bytes |
| مستخلص: | Non-PR IFPRI1; ReSAKSS Asia; 4 Transforming Agricultural and Rural Economies; BIMSTEC DSGD; SAR Russia’s war on Ukraine shows no signs of subsidence. Its economic and societal adversities have already been felt worldwide but keep evolving, with food and energy being the most affected. Low-income, food-deficit nations importing from these two countries – many of which are in Northern Africa and Western and Central Asia – face critical challenges. The South Asian region, which has grappled with surging commodity prices and supply constraints even before the war, is likely to witness further inflation with rising food and oil prices. India is home to around 18% of the world’s population and accounts for 74% of the South Asian population. It is predicted to be the fastest-growing big economy this year. The country’s central bank (RBI) predicts that GDP will grow by 7.5% in FY 2022-23 (RBI, 2022), while many international organizations forecast growth between 6.4% and 8.2% (ADB, 2022; IMF, 2022; United Nations, 2022; World Bank, 2022). Still, in the wake of the ill effects of COVID-19, the country’s dependence on imports such as oil, fertilizers, and edible oils, and given surging domestic food and nonfood inflation in recent months, raises concerns about economic stability and possible interventions that might curtail fragility. The country consumes around 5 million barrels of crude oil daily but imports over 89% of its requirement from overseas. Crude oil prices have increased by 27% in just four months since the start of the war (February- June 2022). Edible oils have similarly increased, with palm and soybean oil prices rising by around 14% and 18%, respectively. The price of sunflower seed oil has increased by 42%, of which 86% originates from Ukraine and Russia. Fertilizer import dependency from the conflict regions is also sizeable. Russia was the 5th largest supplier of fertilizers to India in 2021-22, and Ukraine and Belarus were the 9th and 10th largest suppliers. The rise in prices of both finished fertilizers and fertilizer inputs has prompted the Gover |
| الموضوعات: | food security; war; agriculture; agricultural sector; agricultural products; fertilizers; oil and gas industries; shock |
| مصطلحات الفهرس: | INDIA; SOUTH ASIA; ASIA, food security; war; agriculture; agricultural sector; agricultural products; fertilizers; oil and gas industries; shock, Project paper |
| URL: | |
| الإتاحة: | Open access content. Open access content |
| ملاحظة: | English |
| أرقام أخرى: | DFP oai:cdm15738.contentdm.oclc.org:p15738coll2/136380 https://doi.org/10.2499/p15738coll2.136380 10.2499/p15738coll2.136380 https://www.ifpri.org/publication/ukraine-war-and-its-food-security-implications-india 136380 1345707721 |
| المصدر المساهم: | INTERNATIONAL FOOD POLICY RES INST LIBR From OAIster®, provided by the OCLC Cooperative. |
| رقم الأكسشن: | edsoai.on1345707721 |
| قاعدة البيانات: | OAIster |
| الوصف غير متاح. |