Soup initiatives for starving children put around pound bags (7)
I believe the answer is:
borscht
'soup' is the definition.
(borscht is a kind of soup)
'around pound bags' is the wordplay.
'around' becomes 'c' (abbreviation for 'circa').
'pound' becomes 'borsht' (I can't justify this - if you can you should give a lot more credence to this answer).
'bags' means one lot of letters goes inside another (bag can mean secures or steals).
'c' placed within 'borsht' is 'BORSCHT'.
'initiatives for starving children put' is the link.
I am not very happy about this link. Some or all of it may be part of another bit of the clue.
Can you help me to learn more?
(Another definition for borscht that I've seen is " Russian beetroot soup".)