01-17-2011, 09:12 AM
[url="http://www.businessinsider.com/indian-food-crisis-2011-1"]The Indian Food Crisis In One Simple Chart[/url]
It shows quite straightforwardly the disconnect between the growth in wealth over the years (the blue line) and the availability of foodgrains per capita.
This doesn't explain, say, the surge in onions or tomatoes, but it does factor heavily in the price of meat, eggs, etc.
For a look at some eye-popping inflation numbers, see here:
It shows quite straightforwardly the disconnect between the growth in wealth over the years (the blue line) and the availability of foodgrains per capita.
This doesn't explain, say, the surge in onions or tomatoes, but it does factor heavily in the price of meat, eggs, etc.
For a look at some eye-popping inflation numbers, see here: