Now, concessional grain being given would no longer be available and the poor will be forced to buy 64% of their foodgrain requirement from the market at a high price. The government has announced free foodgrains to 81 crore poor in the country for one year.
Africa and its fifty-four sovereign constituents have become the point of attraction once again for the big powers.
The Ukraine war will shape global politics for years to come. When the year began, the debate on Ukraine had already started. Vladimir Putin was amassing his troops around Ukraine.
President Xi Jinping is visiting Saudi Arabia from December 7-10 for his second bilateral visit to the Kingdom since 2016, when he visited Cairo and Tehran as well in an epoch-making and biggest-ever Chinese diplomatic initiative in the Arab world.
On December 1, India assumed the presidency of the highly influential global grouping of major world economies- G20 from Indonesia for one year.
China will exit Zero Covid and freezing Europe will force Ukraine to sue for peace.
In Europe, where anger against high prices has triggered political upheavals, leading to the mainstreaming of right-wing politics in Italy, Sweden, and France, strikes for higher wages that promise to entrench inflation and depress growth, and persistent demands for fuel subsidies. This spells the beginning of the end of the war in Ukraine.