The world wasted an estimated 19 percent of the food produced globally in 2022, or about 1.05 billion metric tons, according to a new United Nations report.

The 2021 report estimated that 17 percent of the food produced globally in 2019, or 931 million metric tons (1.03 billion tons), was wasted.

They found that each person wastes about 79 kilograms (about 174 pounds) of food annually, equal to at least 1 billion meals wasted worldwide daily.

Most of the waste — 60 percent — came in households. About 28 percent came from food service, or restaurants, with about 12 percent from retailers.

The report comes at a time when 783 million people around the world face chronic hunger and many places facing deepening food crises.

Inequality in India has skyrocketed since the early 2000s, with the income and wealth share of the top one per cent of the population rising to 22.6 per cent and 40.1 per cent, respectively, in 2022-23, according to a working paper.

The 10,000 wealthiest individuals of the 92 million Indian adults own an average of Rs.22.6 billion in wealth—16,763 times the country’s average—while the top 1 per cent possess an average of Rs.54 million in wealth.

1% of Indians take 45% of flights, 2.6% of Indians invest in mutual funds, 6.5%
of users are responsible for 44% of digital transactions on the Unified Payment Interface (UPI).

As per the annual Forbes rich lists, the net wealth of USD MER billionaire Indians has
grown by over 280% cumulatively between 2014 and 2022 in real terms, 10 times the growth rate of
national income over the same period (27.8%).

The ‘Billionaire Raj’ headed by India’s modern bourgeoisie is now more unequal than the British Raj headed by the colonialist forces.