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Preventing a COVID-19 Food Crisis (Project Syndicate, 6 min read) It requires global policy coordination. Food-producing countries have resorted to food protectionism (export bans and quotas). This, accompanied by global stockpiling and shortages of animal feed, fertilisers, and pesticides (due to supply chain disruption), may drastically raise food prices and cause shortages. Mostly developing, but even some of the developed countries, are vulnerable to these food crises, which can cause social unrest and exacerbate income inequality.
Modi ramps up plan to reduce India’s dependence on China with new ‘self-reliant’ campaign (South China Morning Post, 7 min read) Modi is pushing a case for import substitution away from China and towards domestic production. Critics believe it is a political manoeuvre (a revival of the old ‘make in India campaign’) and that India neither has the fiscal space nor infrastructure to implement this successfully.