As per the published reports, there are 350 million people in India who are classified as middle class. This number is higher than the entire population of USA. The growing nutrition demand and the need of better quality food by this group of middle class population are some of the reasons quoted by US for the food shortage world wide. As such, the per capita food consumption by an American is five times higher than an Indian. There are already incidents of floods and draught in several regions’ claimed to be due to the global warming. Also, the evolution of bio-fuel policy in several countries are diverting the agricultural land for growing crops to produce bio-fuels, which yield better financial returns. Some of the food grains, like corn is used to produce ethanol, a gasoline substitute/mix to comply with the regulations of transportation fuel composition. Countries should stop producing fuel in competition with food.
Food reserves are falling down. Food price index has risen by over 40%. Today, we have additional requirement of food security to ensure feeding the millions in case of any large scale unexpected natural calamity occurring anywhere in the world.
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