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26 Nov 2020, 08:20
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The ministry of agriculture estimates that within the next five years, India will be short of 20 million tonnes of wheat, rice and pulses - our main source of carbohydrates and protein. The forward march of India into the industrial age is slowly making its presence felt in a slightly uncomfortable manner - a shortage of this most precious grain.
Which of the following could point to a ray of hope in an otherwise bleak scenario?
A. Stagnant domestic production and increasing consumption seem to have eroded India's self-sufficiency in wheat.
B. If our imports swell, the world no longer has the land and resources left to cater to this extra demand without a huge rise in costs.
C. The issue is no longer hunger and starvation - the concern is the rise in food prices and the effect that this could have on political stability.
D. India imported 25 million metric tones from Australia in 2006 but Australian production is expected to decline to 10 MMT in 2007.
E. A new type of seed or a country becoming surplus in grain production is always a possibility just as the sugar shock in the 70s saw the emergence of Brazil.
Which of the following could point to a ray of hope in an otherwise bleak scenario?
A. Stagnant domestic production and increasing consumption seem to have eroded India's self-sufficiency in wheat.
B. If our imports swell, the world no longer has the land and resources left to cater to this extra demand without a huge rise in costs.
C. The issue is no longer hunger and starvation - the concern is the rise in food prices and the effect that this could have on political stability.
D. India imported 25 million metric tones from Australia in 2006 but Australian production is expected to decline to 10 MMT in 2007.
E. A new type of seed or a country becoming surplus in grain production is always a possibility just as the sugar shock in the 70s saw the emergence of Brazil.
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26 Nov 2020, 11:58
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The ministry of agriculture estimates that within the next five years, India will be short of 20 million tonnes of wheat, rice and pulses - our main source of carbohydrates and protein. The forward march of India into the industrial age is slowly making its presence felt in a slightly uncomfortable manner - a shortage of this most precious grain.
Shortage of 20 million tonnes of wheat etc.
The progression in the industrial age reduces the amount of wheat etc.
Find a 'pro' to this 'con'
Which of the following could point to a ray of hope in an otherwise bleak scenario?
A. Stagnant domestic production and increasing consumption seem to have eroded India's self-sufficiency in wheat.
This is even more bleak. India will be more dependent on its neighbors for food.
B. If our imports swell, the world no longer has the land and resources left to cater to this extra demand without a huge rise in costs.
This is worrisome since who will provide the resource to people live on this?
C. The issue is no longer hunger and starvation - the concern is the rise in food prices and the effect that this could have on political stability.
This was tricky imo. Even though the people won't starve, the shortage in resource could effect the political stability within india. (A very bleak outcome)
D. India imported 25 million metric tones from Australia in 2006 but Australian production is expected to decline to 10 MMT in 2007.
This is even more bleak since there is not enough food to go around (supply < demand)
E. A new type of seed or a country becoming surplus in grain production is always a possibility just as the sugar shock in the 70s saw the emergence of Brazil.
Yes. Assuming that there is a huge demand for a waning resource, a country may jump to the task of producing goods to capitalize on this outcome. There is no need to worry about starving.
Shortage of 20 million tonnes of wheat etc.
The progression in the industrial age reduces the amount of wheat etc.
Find a 'pro' to this 'con'
Which of the following could point to a ray of hope in an otherwise bleak scenario?
A. Stagnant domestic production and increasing consumption seem to have eroded India's self-sufficiency in wheat.
This is even more bleak. India will be more dependent on its neighbors for food.
B. If our imports swell, the world no longer has the land and resources left to cater to this extra demand without a huge rise in costs.
This is worrisome since who will provide the resource to people live on this?
C. The issue is no longer hunger and starvation - the concern is the rise in food prices and the effect that this could have on political stability.
This was tricky imo. Even though the people won't starve, the shortage in resource could effect the political stability within india. (A very bleak outcome)
D. India imported 25 million metric tones from Australia in 2006 but Australian production is expected to decline to 10 MMT in 2007.
This is even more bleak since there is not enough food to go around (supply < demand)
E. A new type of seed or a country becoming surplus in grain production is always a possibility just as the sugar shock in the 70s saw the emergence of Brazil.
Yes. Assuming that there is a huge demand for a waning resource, a country may jump to the task of producing goods to capitalize on this outcome. There is no need to worry about starving.
