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As global hunger surges amid conflict, climate shocks, and a devastating 40 per cent funding cut to the UN World Food Programme (WFP), India's remarkable transformation from a food-scarce nation to a global aid supplier has emerged as a critical lifeline, WFP Deputy Executive Director Carl Skau said on Monday. In an exclusive interview to PTI, Skau emphasised that cooperation with emerging powers like India has become essential as Western funding declines. "It's critical. For one, because of Western OECD countries pulling back on the funding. But I think also, importantly, because of the solutions that India has found for itself to deal with its food security," he said. Skau, also the Chief Operating Officer of WFP, highlighted that India's homegrown solutions are more applicable to crisis-hit regions in Africa and Asia than recent experiences from Europe or North America. The country's innovative approaches, including grain ATMs and rice fortification, are now reshaping relief ...
Global and domestic investors have committed an investment of Rs 33,129 crore in India's sunrise food processing sector during the second edition of World Food India, the government said on Monday. The Union Food Processing Industries Ministry has signed Memoranda of Understanding (MoUs) with various companies in this regard during the three-day World Food India that concluded on November 5. "The event concluded with a substantial surge of investment interest, resulting in the signing of MoUs worth Rs 33,129 crore underscoring the event's significant impact on propelling India's food processing sector," an official statement said. Companies such as Amul, ITC, Mondelez, Kellogg's, AB InBev, IB Group, Balaji Wafers, Ananda Dairy, Fertis, and Bikanerwala were among the signatories, it said. Addressing a valedictory session of the event, President Droupadi Murmu had highlighted that the first edition had attracted a large number of investment commitments and "Rs 22,711 crore of investm