Was reading an article today that outlined the possibility of India becoming a Chronic importer of foodgrains by 2020! By another statistic it is the same period when the Indian economy should be at its active best considering the demographics maturity by that time. So that means that by that year the cost of commodities is likely to go more northwards! Importing food bill and a high liquidity situation that will push the Indian inflation index higher. By that time the energy situation in South Asia would probably be at its nadir as well. Grim picture! What are we doing about this?

The Indian Green Revolution as it is widely known had one outcome according to Simon D Borlog “It made the poor farmers poorer” and so is the case this time around with the Genetically modified crops! It has pushed according to some statistics more than 30mn people into abject poverty.

Will continue this post>

Filed under: Politics