After Petrol and Diesel India Chases Food Prices

By SiliconIndia   |   Thursday, 27 September 2012, 12:32 Hrs   |    2 Comments
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Bangalore: Is food an extravagance to most Indians? It now is. As stated by the recent food security report by the Global Food Security Index 2012 sponsored by DuPont, India stands 66th on the scale of 105 countries. The survey targets the food security of these countries, as per the food availability, food access, and quality plus safety. India‘s position on the Global Index makes it quiet prone to food insecurity.

The Global Food Security reasoned for lack of affordability being a double price rise in global food as inflation in the last decade. Even though the production of food in the last fifty years has increased at a remarkable rate, it has been hampered by the gradual global population increase. As estimated by the Index the global population is expected to reach 9 billion by 2050. The other factors affecting the food security are weather changes, change in consumer patterns and availability.

As per the survey conducted by London-based Economist Intelligence Unit  “The U.S., Denmark, Norway and France and Netherlands are the most food-secure countries in the world”. Because of the rich food supply, high incomes, reasonable spending on food relatively to other outlays, prominent investment in agriculture R & D these countries make the top five on the Food security index.

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