Today every Indian is worried with the rising food prices. Some months back the prices of fruits and vegetable were touching sky now its other food items including sugar, onion, pulses etc. Prices are not stable they are fluctuating like stock market, nobody can predict there next move.
There are so many reasons and factors that are effecting food prices and must be controlled in future but what about the present, a part of India is still living under poverty line partially or occasionally. The data available with government isn't always reliable and may not include the names of deserving families which do not have enough supporting material to prove there poverty.
Some of the factors that I feel are responsible for this phenomenon of rise in food prices are :-
- Decreasing Agriculture Land : High quality agriculture land which was well irrigated and was a good producer and employer is now a high priced commodity. Builders are purchasing these lands for commercial purpose, residential flats, shopping malls, hotels, petrol pumps, industrial setup etc. There is nobody who is ready with a long term perspective, immediate profits are the motive behind such moves.
- Exports followed by Imports : There have been many instances when a commodity was first exported and when the prices rised beyond control the same commodity was imported at a higher price. I can remember 1998 when prices of onions touched the sky. Even today we may get some clues of this.
- Black Marketing : This is not new, at least in some places in India.
- Interest of Multinational Companies in Commodity Prices and Commodities : Today India has a big market for FMCG and confectionery, these companies are also purchasing and stocking food items in large quantity to maintain there costs and profits.
- Poor foresight of Indian Executives : Executives are faces which work behind every minister and ministry. They are permanent, high knowledgeable and well informed about there role for India. They control moves of every minister as a minister depends on there inputs. If are executives can spare a little time to design program-mes with long term benefits and inspire ministers in this direction (as some of them are already doing), then we can easily overcome most of the real problems faced by India.
Figures obtained from Indian economy and stock markets are not the only scales to measure well being of every Indian, there are many other things that are important and play crucial role in deciding future of India and a common Indian, rising food prices and cost of living is just an occasion to look back at what have been happening, our policies and agenda.
There are still some Indians who are not used to or dependent on modern economic structure of money and market, they still follow traditional lifestyle and rising cost of living is indirectly making there life a phase full of difficulties, without there even realizing this fact that there is a system which is working behind the scene.