War may push 2.5mn Indians into poverty

Indians may face tough days ahead as the West Asia crisis threatens to significantly strain the economy.

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The war may push over 2.5 million people in India into poverty, as rising fuel costs and food inflation weaken household purchasing power.Since India's vulnerability lies in its heavy reliance on West Asia for essential imports, prolonged disruptions could significantly impact both agriculture and industry. The timing is particularly critical, as supply shocks may coincide with the Kharif sowing season, alongside rising fertiliser prices. Small businesses are especially at risk, facing higher input costs, supply chain disruptions, and reduced orders

PRESS TRUST OF INDIA

United Nations, April 14: The conflict and military escalation in West Asia threatens to push 2.5 million people in India into poverty and the country is projected to experience some loss in its human development progress, according to estimates and projections by the United Nations.