Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

It Is Not Famine But Hunger Which Is The Problem

BUSINESS ECONOMICS

|

December 1-15, 2017

People suffering from severe hunger is not a thing of the past despite progress in many other fronts.

- Kishore Kumar Biswas

It Is Not Famine But Hunger Which Is The Problem

Even in the late 1980s when the reporter had been an undergraduate student, a number of economists were doubtful about the possibility of providing enough food at that time to all the citizens of the developing countries including India. As of now, the quantum of food, either of the world as a whole or in an individual country is as high as to provide for every citizen of the country. Some local disturbance of food grains may be possible at any time but that is a different matter.

To guarantee adequate food for all has now been possible for the first time in history as there is an enormous expansion of productive power. It is in this context that the persistence of chronic hunger and the recurrence of famines must be seen more as a political issue. In many countries it is a tragedy that a section of the population has to spend most nights in a year without adequate food but the political parties rule year after year without facing heavy opposition.

Is hunger related to food availability?

Hunger is not always caused by availability of food. There are quite a few instances when deaths due to hunger occurred even with greater availability of food supply. Indeed some famines have occurred in periods of peak food availability for the economy as a whole. One can cite the Bangladesh famine of 1974.

Professor Amartya Sen (Poverty and Famines, 1981, Oxford University Press) has propagated the idea lack of exchange entitlement as the cause of famine or hunger death. What does this mean? This means it is not the quantum of food available in the market which matters. The real point is the purchasing power of an individual or family to purchase that food. If a person lacks the means to acquire food, the presence of food in the market is not much comfort. To understand hunger, one has to look at people’s entitlements, i.e., what commodity bundles (including food) they can make their own.

MÁS HISTORIAS DE BUSINESS ECONOMICS

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Bela: The voice that empowered women, now immortalised on screen

There are voices that linger long after the sound fades— voices that shape lives, nurture dreams, and become part of a people's collective memory.

time to read

3 mins

September 01 - 30, 2025

BUSINESS ECONOMICS

India at crossroads: new strategies needed to overcome the American rebuff

The inevitable happened. Against all hopes that Narendra Modi's bear hugs will improve India’ India's relations with the US President Donald Trump, comes the final axe of a 50% tariff on all Indian goods exported to the US.

time to read

2 mins

September 01 - 30, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Bharat and Vasudhaiva Kutumbakam

These days, we are constantly witnessing discourses on globalization, global changes and effects thereof upon individuals, societies and nations.

time to read

6 mins

September 01 - 30, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

India needs more private investment to achieve 8% growth

The signs of economic deceleration have become evident, with trade disruptions, subdued consumer demand, and lacklustre private corporate investment now impacting industrial performance, and which is visible in corporate results/outcomes.

time to read

2 mins

September 01 - 30, 2025

BUSINESS ECONOMICS

Why Music Education is essential for every child's growth

Take a few moments to read this — it may inspire a beautiful beginning for a child’s future.

time to read

3 mins

September 01 - 30, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Indian Economy's Growth and the Burden of Overregulation

The Indian economy continues to demonstrate impressive growth, but its complex and often archaic regulatory framework is taking a significant toll.

time to read

1 mins

September 01 - 30, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

From vulnerability to strength: India's post-tariff economic blueprint

INTRODUCTION Escalating trade tensions between India and the United States, driven by a sharp rise in U.S. tariffs, are posing significant challenges to the Indian economy.

time to read

3 mins

September 01 - 30, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Indian Post: A New Role?

The history of the Post Office is deeply intertwined with human civilization.

time to read

2 mins

September 01 - 30, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Savings Account Slowdown: A Challenge for Banks

The Average Monthly Balance (AMB) is the minimum amount a customer must maintain in a savings account.

time to read

3 mins

September 01 - 30, 2025

BUSINESS ECONOMICS

Inflation falling: Good news, but economic challenges remain

India’s year-on-year (YoY) headline inflation rate, based on the All India CPI, stood at 1.55% in July 2025, according to a PIB press release on 12 August 2025. This marks the lowest YoY inflation rate since June 2017.

time to read

2 mins

September 01 - 30, 2025

Translate

Share

-
+

Change font size