also in india fall, falling water levels in the state of poor job have severe consequences for a beloved stable crop. right? but i knew cultivation method could keep the industry there from dying out. and an indonesian fashion brand look to the past for ways to make clothes that are good for the future of the earth. welcome to the w business. i'm christy plaza, and in the us economy grew at 13.5 percent in the 2nd quarter. that's compared to the same period in the last year. it's an astonishing double digit figure at a time when other major economies are in trouble. global economic growth has plums, amid recession fears caused by biking energy prices that followed russia invasion of ukraine. india shook off the effects of the downturn of the pandemic period, and it's expected to post a $7.00 annual g d p g d, p growth this year, seemingly recovering ground last almost 3 years ago. now, india's g d p growth has been out performing other major world economies,

even as they bounce back from the pandemic. they've been struggling with the fall from the war and ukraine, including rising food and energy prices. china. it's been hard hit by locked on measures with supply issues. now in the last 10 years, india kept growing until the pandemic which hit its economy hard. g d p declined a sharp 6.6 percent in 2020. now the economy started recovering in 2021 with a booming 8.9 percent growth in g d p. this year and d as economy is expected to grow by 7.4 percent. but not all is rosy. falling water levels, there could have severe consequences for rice production and important staple crop . but farmers hope innovative techniques can keep the positive momentum going. ah, anyone who has driven through the state of bon job is familiar with this sect feels of body. the rice cropped historically rice has been grown here just like this. the method is called paddling where crops are submerged in water for weeks. this is

one of the most water intensive ways to cultivate body. and the results are in, been job is now facing and increasingly severe water crisis. farmers and having to figure out ways around it. like go breathing, who was experimenting with a technique that is making inroads and not india money back guarantee on already every year the water level of falling by 5 to 10 feet or up to 3 me does in our landlord only be adopted. the died at sewing of rice stickney good because it requires less water level of thought. again, you started to understand how the direct sewing technique works. no, we're going to look at the old method 1st. traditionally, saplings of rice are grown in a nursery for weeks. and transplanted into the field which are flooded. but rice is not actually an aquatic crop. it just has

a great ability to tolerate being submerged. the what is mean role is to repel pests and works as a natural we decide. in an on 5 month, the crops can be harvested and done into rice in the form. we know. but this method uses up to 5000 liters of water per kilogram of rice and has been jobs. water tables shrinks, it is predicted that rice may not groovy on a few decades. direct sewing or the dsr technique is the alternative where seeds are so indirectly by hand or machines. more seeds may be needed for the same area, but yields remain largely on power. the traditional method machine to save labor and related costs and a landed in punjab where there is a labor shortage quantity i did back with d. s. i have saved almost 20 percent of my water they buy and you can see here this has not affected the quality of my brandy at all. you're not gonna that the engine

state government is now offering farmers compensation for these 1500, around 18 euros a season to switch to the new method to conserve water line, skid well, for more on the ground in india we go now to our correspondent in delhi, charo kartik i up, we just heard a bit ago about the struggles in the rice industry in india, but the, at the same time, the country just registered that huge growth in g d p in the 1st quarter. what seems to be working out there right now because some things are obviously struggling. well, christie are, most economists are pointing out 2 things. one does, judy b growth numbers is essentially because of the base effect. because last year the growth was pretty bad. and when the economy was still in the throes of the pandemic, or, or been damaged related stress and now, and the economy appears to be leaving that stress behind. and which is 0, which is what has been reflected in these numbers. however, ah, what in does

a reserve bank had predicted was a 16 percent growth. so this is, does this, this growth is low here as compared to what was expected out of the indian economy . so even though the base effect has trickle limby, expect the expectations have really not been met. do there is, of course, a positive, sorry. and that positive stories about the rebound in the services sector. they seem to have a beat have been doing well. private consumption is picking up, which means that demand in the economy is picking up and are, those are the really the silver linings? okay, what are you at the point that this, these numbers are compared to last year when we were in the midst of the coven pandemic. how do these figures actually compared to pre covered india? but you can see that's the problem. a pre call that, as most economists are pointing out, as compared to the peak of a situation this way, the situation is still not comfortable as the growth would be somewhere around 4 percent as compared to the pre corporate level. so which means that the demand is

yet to pick up, the growth has yet to pick up as compared to what it was several years ago, even before covered the economy had started slowing down because of the cascading effect of multiple steps, or multiple developers that happened economy, there was the monetization, there was a introduction of the goods and services tax and then the band, emmy came in. so domino effect sort of all these events and the new economy is yet to leave that kind of stress behind it. okay, well i'm hearing a little bit of a mixed message from you, but what we also know is that g d p in india overtook the u. k in this quarter to become the 5th, 5th largest economy, behind the us, china, japan, and germany. we're also seeing china status diminishing on a global stage is in the are going to be taking place. what do you think? well yeah, that's, that's the buzzword and has created a given rise to low celebration. india that will be in economy b, u. k is,

but then that's only strictly in terms of the g d p growth in terms of per capita g d, p and you're still far, far behind you. k, it is also behind china. and a lot of going to say that in the us, structural problems are not enabling the economy to unleash the potential that it really has. so while it always becomes a point of discussion to find out whether india or when will india overtake china, the point is that in on him is yet to correct a structural a defect. manufacturing, for example, which used to be the main stay and which is responsible for the largest number of jobs in the countries yet to take off. manufacturing growth in manufacturing is not picking up jobs in manufacturing or not coming back and for, for, for, for the economy to, to really move ahead and to beat other economies. internationally. the sector is most critical and the expected growth in manufacturing sector especially is not happening. christy, right, char, kotik, i and ali,

thank you for those insights. let's have a look at some of the other global business stories making this the european central bank has raised its key interest rates by an unprecedented 75 basis points today. this is the 2nd time e. b has raised its main rate this year in an effort to curb or inflation in the euro areas, which stands at an all time high, 9 percent. meanwhile, the british pound has plummeted to its lowest level against the us dollar since $985.00. it's largely due to a weaker outlook expected for the ok economy. the bank of england expects the economy to shrink from now until the end of 2023. once again, the main reason rising energy costs due to russia, war and ukraine, the prices have fallen to their lowest level brushes, invasion of ukraine, and february brent crude drop below $88.00 a barrel. amid looming recession, risk for the global economy, surging inflation and rising interest rates are weighing on consumption. apple has

unveiled its new iphone 14 models along with new earbuds and watches. despite price inflation across apple supply chains, it's kept the prices for the devices the same as last year. apple's last i phone was highly profitable flowing, global smartphone sale the textile industry and indonesia has struggled in recent years and has only just started recovering from a decline and demand due to the pandemic. even though apparel is the key industry of the country still imports 99 percent of the cognitive processes. now one startup is setting out to change that and reviving the industry with old methods. it was a radical change, of course for denny kathy adeney flesh when a few years ago, she and her dutch husband moved back to her homeland of indonesia quickly. they were drawn to remote villages, like here near toobin on the island of java. when i was in the villagers, i start realizing that there are women who flies are impacted by our every their

choice of while we were. and i realized that i wanted to then build a bridge between people all around the world who care about this issue for care about where to close. come from with the very women who actually make it the very women who knew the plans that are used to make the clothes. in 2016, using her savings, she found at sue kat sita. let's indonesian for lack their mission, work with local women to revive their forefathers working techniques. like using plants to color the cotton harvested in the fields. we were kind of showing that you can grow cotton in a way that's actually beneficial for the environment as beneficial for the farmers that doesn't require tons of pesticides advertises, right? that's so important because they should, a biggest footprint of fashion comes from the materials, especially when you're talking about climate change is actually more than half of

the climate impact comes from the way closer grown or the fibers are made. and also how they died to day the start up is working with more than 1500 women on cotton fields is stretching over 20 hectares. the close produce here are sold online. the are social media and in their store in jakarta than he can. he had any flesh says it wasn't easy to convince customers to spend more money in order to get a more sustainable product. we have to really work very hard to make sure there is enough awareness and therefore the man for all these products basically. and we were actually very happy because we managed to ship our it was prior to now over 30 countries and that manage the sustain all their field work that we do on the religious level. to day suca, sita is profitable and the founders want to even grow the business. the farm is said to be expanded to $1000.00 actors, all based on the expectation that more customers will put green and fair over cheap

. a quick reminder of our top story. in the us economy grew 13.5 percent in the 2nd quarter. that's compared to the same period in the last year. it's an astonishing double to just figure out a time when other major economies are in trouble. well that's our show for more. check us out a d, w dot com backslash business, and the d. w. news, youtube channel. we're all on facebook. thanks for watching. i'll see you tomorrow with ah, with

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