Rising food prices during 2010-11 may have pushed three million Bangladeshis into poverty, and kept eight million Indians from getting out of poverty bracket, finds a UN report. In Asia and Pacific region, food inflation pushed nearly four million people into poverty.
Increasing cost of fertilizers, competition for arable land, water resource and high oil prices are all responsible for the spike. Commodity market speculation has also been a growing factor behind high and volatile commodity prices. 65% of the household income of poor across the world is spent on food. In Bangladesh and India, more than 40% children are undernourished.
The report claims that at national level, "hungry population live side-by-side with people who have easy access to food." It explains that the root cause of hunger across the sub-region is not lack of food rather the socio-economic and social distribution is responsible for this.
Increasing cost of fertilizers, competition for arable land, water resource and high oil prices are all responsible for the spike. Commodity market speculation has also been a growing factor behind high and volatile commodity prices. 65% of the household income of poor across the world is spent on food. In Bangladesh and India, more than 40% children are undernourished.
The report claims that at national level, "hungry population live side-by-side with people who have easy access to food." It explains that the root cause of hunger across the sub-region is not lack of food rather the socio-economic and social distribution is responsible for this.
No comments:
Post a Comment