{"id":248320,"date":"2023-06-16T20:23:00","date_gmt":"2023-06-16T14:53:00","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=248320"},"modified":"2023-06-16T20:23:00","modified_gmt":"2023-06-16T14:53:00","slug":"how-indias-g20-presidency-can-address-global-hunger","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/how-indias-g20-presidency-can-address-global-hunger\/","title":{"rendered":"How India\u2019s G20 presidency can address global hunger"},"content":{"rendered":"\n

Source-<\/strong> The post is based on the article \u201cHow India\u2019s G20 presidency can address global hunger\u201d published in \u201cThe Indian Express\u201d on 16th June 2023.<\/p>\n

Syllabus: <\/strong>GS2- Issues related to poverty and hunger<\/p>\n

Relevance- <\/strong>hunger related challenges at global level and India role in ending it<\/p>\n

News<\/strong>– The G-20 ministerial meeting on agriculture will take place in Hyderabad.<\/p>\n

What are the challenges faced by the international community on the hunger front?<\/strong><\/h2>\n

For the first time in decades, there is a rising number of hungry people<\/strong>. This is despite the fact that the world produces enough food to feed 10 billion people<\/strong>.<\/p>\n

Today, more than 800 million people<\/strong> sleep hungry. Many of them are small-scale farmers<\/strong> who produce one-third of the world\u2019s food.<\/p>\n

Hunger is rural<\/strong>. Three-fourths of the world\u2019s poorest and food insecure<\/strong> live in rural areas. Rural economies, specifically agriculture, have suffered from chronic under-investment. <\/strong><\/p>\n

Low- and middle-income countries are increasingly indebted. Global <\/strong>inflation and local currency depreciation<\/strong> is creating issues in financing their development and climate action. <\/strong><\/p>\n

Donor support for agriculture<\/strong> has stagnated at 4-6% of total official development assistance<\/strong> (ODA) for at least two decades. After peaking at US$10.8 billion in 2020, it fell 10% to US$9.9 billion in 2021.<\/p>\n

Estimates suggest that there is a need for US$300-400 billion annually<\/strong> until 2030 to transform food systems. So investment needs to grow at least 30 times.<\/p>\n

Why is investment in rural agriculture a win-win situation for both governments and companies? <\/strong><\/h2>\n

For governments, boosting local production, local food chains and local markets<\/strong> means global food security, jobs and less conflict<\/strong>. It will also mean lower GHG emissions. <\/strong><\/p>\n

For the private sector, investing in small-scale farmers is beneficial. Production costs<\/strong> are low, returns on capital<\/strong> are high. Farmer organisations and cooperatives have shown they can achieve economies of scale. <\/strong><\/p>\n

These investments can build long-term resilience<\/strong> and reduce the impact of climate change and other shocks.<\/p>\n

Every US$1 spent on resilience saves up to US$10 in emergency aid<\/strong> in the future. Investing in agriculture is at least 2-3 times more effective in reducing poverty<\/strong> than investment in other sectors.<\/p>\n

Why does India’s G-20 presidency assume critical importance in tackling the challenges related to hunger?<\/strong><\/h2>\n

India\u2019s G-20 presidency assumes critical importance in mobilising resources. It can ensure that every person has access to affordable, safe, sufficient and nutritious food. <\/strong><\/p>\n

It can be done by increasing digitisation,<\/strong> making insurance attractive<\/strong> for farmers and insurers, providing access to easy and discounted loans, securing land rights<\/strong> and strengthening farmers\u2019 organisations.<\/p>\n

India is a crucial partner in the mission to end rural poverty and hunger<\/strong>. Leveraging the panchayat system, India has successfully built robust community institutions.<\/strong> They have strengthened people\u2019s ability<\/strong> to manage their own development.<\/p>\n

These experiences are an inspiration for countries attempting to become food secure<\/strong>. India has shown thoughtful leadership in advancing South-South and triangular cooperation.<\/strong> This has only deepened with its increasing economic weight.<\/strong><\/p>\n

The Indian presidency has committed to depoliticise the global supply of food, fertilisers and medical products,<\/strong> so that geopolitical tensions<\/strong> do not lead to humanitarian crises.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Source- The post is based on the article \u201cHow India\u2019s G20 presidency can address global hunger\u201d published in \u201cThe Indian Express\u201d on 16th June 2023. Syllabus: GS2- Issues related to poverty and hunger Relevance- hunger related challenges at global level and India role in ending it News– The G-20 ministerial meeting on agriculture will take… Continue reading How India\u2019s G20 presidency can address global hunger<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10500],"class_list":["post-248320","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-indian-express","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/248320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=248320"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/248320\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=248320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=248320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=248320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}