Inflation in India threatening food security
Apr 28, 2011
India's food inflation rose to 8.75 percent for the first week of April. Annual inflation rate in the nation rose to 8.74 percent compared to the previous week, according to the wholesale price index (WPI). The annual inflation rate for "non-food articles" also rose compared to the prior week, from 26.77 percent to 27.69 percent, according to RTT News.
IBN Live reports that the prime minister of India, Manmohan Singh, is asking for a united fight to provide food security to the country's citizens.
"We have to make a concerted effort to enhance our food security. ...The needs of a growing and increasingly more prosperous population can only be met by enhanced production of a diversified basket of agricultural products," said Singh.
The price of rice and wheat have all gone up in recent times. Officials in India are worried about the nation's growing population and the need to provide food security to all those who need it.
India has a population of 1.19 billion people and is the second most populated country in the world, after China. The median age in India is about 26.2 years, with a life expectancy at birth of 66.8 years, according to the CIA World Factbook.