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.
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.
Dit verhaal komt uit de December 1-15, 2017-editie van BUSINESS ECONOMICS.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN BUSINESS ECONOMICS
BUSINESS ECONOMICS
Rupee has weakened
The rupee has weakened significantly over the past year, falling from 84.7 to 89.7 against the US dollar. Its depreciation has been even sharper against the euro (9.4 per cent) and the British pound (14.3 per cent). It has also lost value against the Japanese yen and the Chinese yuan. In nominal terms, therefore, the rupee has depreciated against all major global currencies.
1 mins
December 1 - 31, 2025
BUSINESS ECONOMICS
Foundations of Indian Yoga Philosophy
Yoga, in very simple terms, means union.
4 mins
December 1 - 31, 2025
BUSINESS ECONOMICS
The New Indian Professional: Work, Wealth & Wellness in 2026 Changing aspirations, consumption patterns, and lifestyle expectations
As 2025 draws to a close, a new archetype is emerging across India's corporate and entrepreneurial landscape.
4 mins
December 1 - 31, 2025
BUSINESS ECONOMICS
Where Rhythm Meets Divinity: A Three-Day Odyssey of Indian Classical Art
An Artistic Journey Through Dance, Melody & Tradition (27-29 November 2025)
3 mins
December 1 - 31, 2025
BUSINESS ECONOMICS
Bharat Electronics Ltd
BEL is a public sector undertaking (PSU) under the Indian government's Ministry of Defence.
2 mins
December 1 - 31, 2025
BUSINESS ECONOMICS
A New Crisis: Impact of US Tariff hikes on UP's Industries
Long-established industrial centres such as Kanpur, Moradabad, Bhadohi and Firozabad are currently facing severe disruptions due to the imposition of steep US tariffs.
2 mins
December 1 - 31, 2025
BUSINESS ECONOMICS
Nobel Prize in Physiology or Medicine 2025 Significance of the Laureates' Work in the Medical World
Mary E. Brunkow, Fred Ramsdell, and Shimon Sakaguchi have been awarded the 2025 Nobel Prize in Physiology or Medicine for their pioneering discoveries on peripheral immune tolerance—the mechanisms that prevent the immune system from attacking the body’s own tissues.
2 mins
December 1 - 31, 2025
BUSINESS ECONOMICS
The RBI's Balancing Act: Strategy and Execution in 2025
In 2025, the Reserve Bank of India (RBI) has adopted a cautious yet steady monetary policy, distinguishing itself from the more aggressive actions of several global central banks.
3 mins
December 1 - 31, 2025
BUSINESS ECONOMICS
From stagnation to surge: 10 reasons the Indian market rallied hard
The Indian stock market spent most of 2025 moving sideways in a narrow and frustrating band.
5 mins
December 1 - 31, 2025
BUSINESS ECONOMICS
Uttar Pradesh witnesses renovations of pilgrimage sites propelling multi-dimensional growth
Last month, Prime Minister Narendra Modi ceremonially hoisted the saffron flag, the Dharma Dhwaj, atop the Ram Temple in Ayodhya, marking the completion of the temple's construction.
3 mins
December 1 - 31, 2025
Translate
Change font size
