https://www.taxtmi.com/news?id=72377 West Asia military escalation is projected to intensify poverty, food insecurity, and human development losses across Asia and the Pacific by raising fuel, freight, and input costs and weakening livelihoods. The report estimates a rise in poverty incidence in India, alongside a modest loss of Human Development Index progress, and identifies significant exposure through West Asian energy, fertiliser, trade, remittance, and labour-market linkages. It also warns that MSMEs, informal workers, and sectors dependent on imported inputs may face higher costs, supply disruptions, and employment shocks. en-us Tue, 14 Apr 2026 11:31:02 +0530 Tue, 14 Apr 2026 11:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72377 West Asia military escalation is projected to intensify poverty, food insecurity, and human development losses across Asia and the Pacific by raising fuel, freight, and input costs and weakening livelihoods. The report estimates a rise in poverty incidence in India, alongside a modest loss of Human Development Index progress, and identifies significant exposure through West Asian energy, fertiliser, trade, remittance, and labour-market linkages. It also warns that MSMEs, informal workers, and sectors dependent on imported inputs may face higher costs, supply disruptions, and employment shocks. News - Tue, 14 Apr 2026 11:31:02 +0530 https://www.taxtmi.com/news?id=72377