New Delhi
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It's a refrain that runs through most of Prime Minister Narendra Modi's speeches: India saves the world.
The Covid pandemic is wreaking havoc?
“India saves lives
by sending vaccines to many countries ,
”
he proclaimed last year when, a few weeks later, he banned their export in the face of the second wave.
The war in Ukraine causes the price of wheat to explode and threatens food security?
“India's farmers are mobilizing to feed the planet
,” he said on May 2.
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Wheat prices break all-time record after Indian export embargo
New Delhi is then in talks with several African and Asian countries to sell them wheat.
But twelve days later, Modi blocks its export.
The decision has already created
“upside pressure on world wheat prices which were rising due to soaring energy prices and the war in Ukraine.
(…) The impact will be particularly strong for low-income developing countries”
, deplores the bank Nomura in…
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