India is unlikely to face a major food or fertiliser crisis despite global disruptions, according to Arvind Panagariya, chairman of India’s 16th Finance Commission. He says the country has strengthened fertiliser availability through both domestic production and imports from multiple countries, reducing reliance on any single external source.
Panagariya also points to India’s ability to manage broader energy shocks and uncertainty linked to conflicts in West Asia. He adds that global supply shifts could affect trade patterns for food and agricultural commodities. In particular, he says that if Ukraine’s food exports fall, demand for Indian food products may rise, supporting India’s position as an agricultural exporter.
While the outlets emphasize different facets—one highlights fertiliser supply resilience and energy shock management, and the other stresses India’s export role—both attribute the assessment to Panagariya’s view that current buffers and trade diversification make a widespread crisis unlikely.
