Recently world experincing hike in price of food graons. Everybody are in shocking position how the food prices are hiking. The hike in prices are nearly 100%. World have enough food stocks are not in control.
properly studying the pattern of food problem economists realises that problem lies in bio fuel. This are causing in hike in price. United States have producing ethanol from maize. Brazil have producing ethanol from sugarcane but Brazil have much more clear policy than U.S. government. U.S. have given subsidy Rs. 18 per litre on ethanol. This will increases the land of cultivation for maize. All the food grains not only in developed countries but in developed countries are now shiefted towards bio fuels.
The farmers are also getting lot of benefit from this inflation. They are getting good money. The commodity index in all over world are rising. In some latin American countries protests have already started for reduction in food prices.
Now here we disuss how to solve the food problem. There is only solution for this problem. Decrease in demand of oil. Encouragement towards bicycles is good solution.
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