India could lose $49bn if food prices double: UN
India could lose $49 billion in GDP if global food prices double in the future, a UN report has said. Further, China would lose $161 billion in GDP, the highest in the world. Meanwhile, in terms of percentage loss to the GDP, African nations of Benin, Nigeria, Cote d’Ivoire, Senegal and Ghana would be the worst hit, the report added.