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Home > India > Business > Business Headline > Commodities




Eat less, feed the world : Rice tells India and China

Randolph Buss/Commodity Online | May 02, 2008 17:11 IST

If you thought only developing and underdeveloped countries are staring at a possible famine like situation, think again.

Even a name that has a staple diet in it from a country that has never faced shortages is concerned and it is none other than Condoleezza 'Rice.'

And she has blamed the 'growing Indian and Chinese appetite in contributing to the global food crisis'.

The US Secretary of State is technically correct since both the countries dominate the world food consumption. But analysts feel she is morally and socially wrong.

But her remarks are now making headlines in India as various political parties say they felt offended. CNN-IBN quotes Planning Commission Deputy Chairman, Montek Singh Alhuwalia disagreeing to the remark emphasizing that the food production in India and China have actually increased

On the contrary, India has blamed a poorly managed international financial system and the Fed reserve for spiraling food and energy prices at home.

Many analysts blame US for its increasing bio-fuel consumption from food grains, as one of the many reasons.



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