PakAlumni Worldwide: The Global Social Network
India Tops South Asia Hunger Chart Amid COVID19 Pandemic
India ranks 94th among 107 nations ranked by World Hunger Index in 2020. Other South Asian have fared better: Pakistan (88), Nepal (73), Bangladesh (75), Sri Lanka (64) and Myanmar (78) – and only Afghanistan has fared worse at 99th place. The COVID19 pandemic has worsened India's hunger and malnutrition. Tens of thousands of Indian children were forced to go to sleep on an empty stomach as the daily wage workers lost their livelihood and Prime Minister Narendra Modi imposed one of the strictest lockdowns in the South Asian nation. Pakistan's Prime Minister Imran Khan opted for "smart lockdown" that reduced the impact on daily wage earners. China, the place where COVID19 virus first emerged, is among 17 countries with the lowest level of hunger.
 |
| World Hunger Rankings 2020. Source: World Hunger Index Report |
Hunger and malnutrition are worsening in parts of sub-Saharan Africa and South Asia because of the coronavirus pandemic, especially in low-income communities or those already stricken by continued conflict.
 |
| Global Epicenters of Covid19. Source: Bloomberg |
Global food prices are soaring by double digits amid the coronavirus pandemic, according to Bloomberg News. Bloomberg Agriculture Subindex, a measure of key farm goods futures contracts, is up almost 20% since June. It may in part be driven by speculators in the commodities markets. These rapid price rises are hitting the people in Pakistan and the rest of the world hard. In spite of these hikes, Pakistan remains among the least expensive places for food, according recent studies. It is important for Pakistan's federal and provincial governments to rise up to the challenge and relieve the pain inflicted on the average Pakistani consumer.
 |
| Global Agricultural Futures Contracts. Source: Bloomberg |
Global Food Prices:
Global food prices are increasing at least partly due to several nations buying basic food commodities to boost their strategic reserves in the midst of the pandemic. A Bloomberg News report says that "agricultural commodity buyers from Cairo to Islamabad have been on a shopping spree since the Covid-19 pandemic upended supply chains". It may in part be driven by speculators in the commodities markets. Here's an excerpt of the Bloomberg story:
"Agricultural prices have been on the rise as countries stepped up purchases, adding to demand from China and a drought in the Black Sea region. That has helped push the Bloomberg Agriculture Subindex, which measures key farm goods futures contracts, up almost 20% since June. Sugar prices have gained a boost as China replenished stockpiles, said Geovane Consul, chief executive officer of a Brazilian sugar and ethanol joint venture between U.S. agribusiness giant Bunge Ltd. and British oil major BP Plc."
Supply Constraint in Pakistan:
The Pakistan Government estimates final wheat production ended up at 25.5 million tons, slightly above the five-year average of 25.38 million tons, according to Grain Central. While that represented a 1.2 million tons increase on the 24.3 million tons harvested in 2019, it was well short of the government’s target of 27 million tons, forcing Pakistan to import wheat at higher global prices.
Demand for fruits and vegetables is also rising at about 9.5% a year, according to Mordor Intelligence. The supply is falling short of demand, putting pressure on prices.
 |
| Global Food Price Comparison. Source: Bayut |
The food prices have risen 14% for urban and 16.8% for rural areas of Pakistan in the last 12 months, according to Pakistan Bureau of Statistics. In spite of this inflationary trend, the grocery prices in Pakistan remain among the lowest in the world. A comparison by Dubai-based Bayut shows that groceries in Pakistan cost 72.9% less than in the United States. Other least-expensive countries for groceries include Tunisia ( 67% less), Ukraine ( 66.7% less), Egypt (65.6% less) and Kosovo (65.6% less).
Globally, Switzerland sells the most expensive groceries, with prices 79.1% higher than in the U.S. Norway is the second most expensive place to buy groceries, with prices 37.4% more expensive than in the U.S., and Iceland is third most expensive, where food items are 36.6% pricier, according to Bayut.
 |
| Cost of Dining Out. Source: Commodity.com |
Summary:
India ranks 94th among 107 nations ranked by World Hunger Index in 2020. China, the place where COVID19 virus first emerged, is among 17 countries with the lowest level of hunger. Other South Asian have fared better: Pakistan (88), Nepal (73), Bangladesh (75), Sri Lanka (64) and Myanmar (78) – and only Afghanistan has fared worse at 99th place. However, global food price hikes have also hit average Pakistani hard in spite of the fact that grocery prices in Pakistan remain the lowest the world. Bloomberg Agriculture Subindex, a measure of key farm goods futures contracts, is up almost 20% since June. It may in part be driven by speculators in the commodities markets. World food commodity prices are increasing at least partly due to several nations buying basic food commodities to boost their strategic reserves in the midst of the pandemic. It is important for Pakistan's federal and provincial governments to intervene in the markets to relieve the average Pakistani consumer's pain.
Related Links:
Haq's Musings
South Asia Investor Review
COVID19 in Pakistan: Test Positivity Rate and Deaths Declining
Construction Industry in Pakistan
Pakistan's Pharma Industry Among World's Fastest Growing
Pakistan to Become World's 6th Largest Cement Producer by 2030
Is Pakistan's Response to COVID19 Flawed?
Pakistan's Computer Services Exports Jump 26% Amid COVID19 Lockdown
Coronavirus, Lives and Livelihoods in Pakistan
Vast Majority of Pakistanis Support Imran Khan's Handling of Covid19 Crisis
Pakistani-American Woman Featured in Netflix Documentary "Pandemic"
Coronavirus Antibodies Testing in Pakistan
Can Pakistan Effectively Respond to Coronavirus Outbreak?
How Grim is Pakistan's Social Sector Progress?
Pakistan Fares Marginally Better Than India On Disease Burdens
Trump Picks Muslim-American to Lead Vaccine Effort
Democracy vs Dictatorship in Pakistan
Pakistan Child Health Indicators
Pakistan's Balance of Payments Crisis
Panama Leaks in Pakistan
Conspiracy Theories About Pakistan Elections"
PTI Triumphs Over Corrupt Dynastic Political Parties
Strikingly Similar Narratives of Donald Trump and Nawaz Sharif
Nawaz Sharif's Report Card
Riaz Haq's Youtube Channel
Riaz Haq
In the absence of real data, India's stats are all being manufactured by BJP to win elections.
Postponing India’s census is terrible for the country
But it may suit Narendra Modi just fine
https://www.economist.com/asia/2023/01/05/postponing-indias-census-...
Narendra Modi often overstates his achievements. For example, the Hindu-nationalist prime minister’s claim that all Indian villages have been electrified on his watch glosses over the definition: only public buildings and 10% of households need a connection for the village to count as such. And three years after Mr Modi declared India “open-defecation free”, millions of villagers are still purging al fresco. An absence of up-to-date census information makes it harder to check such inflated claims. It is also a disaster for the vast array of policymaking reliant on solid population and development data.
----------
Three years ago India’s government was scheduled to pose its citizens a long list of basic but important questions. How many people live in your house? What is it made of? Do you have a toilet? A car? An internet connection? The answers would refresh data from the country’s previous census in 2011, which, given India’s rapid development, were wildly out of date. Because of India’s covid-19 lockdown, however, the questions were never asked.
Almost three years later, and though India has officially left the pandemic behind, there has been no attempt to reschedule the decennial census. It may not happen until after parliamentary elections in 2024, or at all. Opposition politicians and development experts smell a rat.
----------
For a while policymakers can tide themselves over with estimates, but eventually these need to be corrected with accurate numbers. “Right now we’re relying on data from the 2011 census, but we know our results will be off by a lot because things have changed so much since then,” says Pronab Sen, a former chairman of the National Statistical Commission who works on the household-consumption survey. And bad data lead to bad policy. A study in 2020 estimated that some 100m people may have missed out on food aid to which they were entitled because the distribution system uses decade-old numbers.
Similarly, it is important to know how many children live in an area before building schools and hiring teachers. The educational misfiring caused by the absence of such knowledge is particularly acute in fast-growing cities such as Delhi or Bangalore, says Narayanan Unni, who is advising the government on the census. “We basically don’t know how many people live in these places now, so proper planning for public services is really hard.”
The home ministry, which is in charge of the census, continues to blame its postponement on the pandemic, most recently in response to a parliamentary question on December 13th. It said the delay would continue “until further orders”, giving no time-frame for a resumption of data-gathering. Many statisticians and social scientists are mystified by this explanation: it is over a year since India resumed holding elections and other big political events.
Jul 12, 2023
Riaz Haq
One-tenth of India's population escaped poverty in 5 years - government report
By Manoj Kumar
https://www.reuters.com/world/india/one-tenth-indias-population-esc...
NEW DELHI, July 17 (Reuters) - Nearly 135 million people, around 10% of India's population, escaped poverty in the five years to March 2021, a government report found on Monday.
Rural areas saw the strongest fall in poverty, according to the study, which used the United Nations' Multidimensional Poverty Index (MPI), based on 12 indicators such as malnutrition, education and sanitation. If people are deprived in three or more areas, they are identified as "MPI poor."
"Improvements in nutrition, years of schooling, sanitation and cooking fuel played a significant role in bringing down poverty," said Suman Bery, vice-chairman of the NITI Aayog, the government think-tank that released the report.
The percentage of the population living in poverty fell to 15% in 2019-21 from 25% in 2015/16, according to the report, which was based on the 2019-21 National Family Health Survey.
A report by the United Nations Development Programme (UNDP) released last week said the number of people living in multidimensional poverty fell to 16.4% of India's population in 2021 from 55% in 2005.
According to UNDP estimates, the number of people, who lived below the $2.15 per day poverty line had declined to 10% in India in 2021.
India's federal government offers free food grain to about 800 million people, about 57% of country's 1.4 billion population, while states spend billions of dollars on subsidising education, health, electricity and other services.
The state that saw the largest number moving out of poverty was Uttar Pradesh, with 343 million people, followed by the states of Bihar and Madhya Pradesh, according to the report.
Reporting by Manoj Kumar; Editing by Conor Humphries
Jul 17, 2023
Riaz Haq
Over 10,000 MSMEs shut during 2016-2022 period; 96% in past 3 years, shows govt data | The Financial Express
https://www.financialexpress.com/industry/sme/msme-eodb-over-10000-...
Ease of Doing Business for MSMEs: The government has come out with consolidated data on the number of MSMEs closed over the past six years including the Covid period in the country. According to the combined data from the Udyam registration portal and the erstwhile Udyog Aadhaar Memorandum (UAM), 10,067 MSMEs were shut from 2016 to 2022.
Sharing data in the Rajya Sabha on Monday in a written reply to a question on the closure of units, Minister of State for MSMEs Bhanu Pratap Singh Verma noted that 400 MSMEs (4 per cent of total closures) were shut during the 2016-2019 period as per the UAM data. On the other hand, the majority 96 per cent units — 9,667 were shut between 2019 and 2022, according to the UAM and Udyam portal data.
In reply to a separate question on the Covid impact on MSMEs, Verma shared that 2,870 MSMEs registered on the Udyam portal were shut between April 1, 2022, and July 20, 2022, along with employment loss for 19,862 people. Likewise, 6,222 Udyam-registered MSMEs were shut in FY22 with 42,662 people losing jobs. Between July 1, 2020, and March 31, 2021, 175 Udyam units were closed and 724 jobs were lost.
“Closure of MSMEs is certainly a concern for the government for which necessary steps and studies have been undertaken. The closure is one of the reasons cited by units for cancelling their MSME registrations, but the reason for closure is not always mentioned by them. Other reasons for cancelling registrations include stopping the manufacturing of goods or moving to other businesses or they just don’t need the registration anymore,” Ishita Ganguli Tripathy, Additional Development Commissioner, Ministry of MSME told Financial Express Online.
Citing studies by SIDBI, SBI, and others, Tripathy noted that while there have been closures, some of them have been temporary and due to schemes such as Emergency Credit Line Guarantee Scheme (ECLGS), many MSMEs have been able to save employment as well.
Jul 17, 2023