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Thursday, April 17, 2008
Inflation of food prices
Food prices are on the rise worldwide.
India is no excemption, there was a multi page article on India Today on this topic last week.
Those who live on their daily labour for food may soon find themselves unable to afford the food they are able to afford now.Such a situation may cause worldwide restlessness and can lead to lawlessness as the case with some African countires.
To help better visualise the spiralling food prices, see this graph,




Grain prices are on the rise, crop yields are on the down side.
The current inflation of food prices has many reasons.
Petrol price increase is one of the reason, since fertilizers used in crop cultivation are manufactured from petroleum,petrol products are needed to transport the food materials across cities as well as across continents.
Indian government acknowledges the fact that increase in food production is necessary to slow the inflation of food prices. Efficient agriculture is necessary to increase productivity.
But, as far as i can see, farm lands in India are fast converting into apartments and industries.

Update:
Haitians gather food or anything else of use in a massive dumping ground in Port-au-Prince.
(via nytimes.com)

More info abt Haiti here

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posted by bharath @ 2:51 PM   0 comments
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