FOOD INFLATION

INFLATION can be defined as the rise in the general level of prices of goods and services over a period of time.The rate of inflation currently is around 20%.It's mainly due to rise in food prices .Prices of most of the food items have shown an upward trend due to differences in demand and supply level. Demand is increasing while supply is decreasing.
Due rapid rise in population, new people are added ,thus increasing demand.More people means more houses ,lesser lands available for agriculture.The lifestyles and fooding habits have changed.Rapid economic growth meant people had more money ,but resources unfortunately are limited.In the last sixty yrs of independence, our GOVT. has been unable to provide irrigation facilities to majority of our farmers,making them totally dependent on monsoons.The GOVT. has failed to improve storage and distribution networks,while one part has excess other parts are deficient of it.The cold storages present are few and are controlled by traders or wholesalers who manipulate supply demand levels ,hence prices.Our GOVT.'s import and export policies are poorly managed.When the GOVT. knew that monsoons are eratic ,they should have anticipited price rise.They should have estimated the shortages and imported the food items,but they started imported after the situation got worse.
Our leaders and bureaucrats lack vision and foresight.They are least concerned about the people whom they are their to serve.The need of the hour is infrastructure development,changes in import export policies and punishing all those who try to manipulate prices.