Indian households are believed to hold about 25,000 tonnes of gold, the largest private stock of any country’s households in the world.
Despite an $83 billion defence budget and advanced American weaponry, Saudi Arabia remains fundamentally vulnerable to Yemen’s Houthi rebels.
With the Black Sea grain ships in danger, the Strait of Hormuz fertiliser crunch, and a Super El Niño on top of all that, a global food supply crisis is said to be looming over the world. This article offers a complete analysis and arithmetic of India’s food grain situation.
When major global agricultural supply centres across Eastern Europe and the Middle East faced severe disruption, India confronted potential supply chain vulnerabilities reminiscent of earlier decades. Disruptions to fertiliser imports could have reduced domestic crop yields, driven up food inflation, and strained national economic stability. Instead, strategic supply management mitigated these risks through deliberate policy execution:
“Risks related to the Bosporus and the Strait of Hormuz might require alternative routes,” stated deputy PM Khusnullin.
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