write a short story on FOOD CRISIS IN INDIA . IT IS VERY IMPORTANT TO ME plzz help me
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The World Bank has joined the chorus warning the world of an impending food crisis with damaging food price inflation. In its late-August edition of its Food Price Watch the Bank reported that global prices for food as reflected by its Food Price Index rose 10 per cent in July 2012 alone. The prices of staples such as corn and soya bean were at an all-time high that month, with the increase in corn prices amounting to 25 per cent and that in soya bean to 17 per cent over a single month. Earlier, the FAO had reported that its Food Price Index (FPI) rose by 6 per cent in July 2012, driven by grain and sugar prices. Cereal prices had risen by 17 per cent in June relative to the previous month, maize prices by close to 23 per cent and wheat prices by around 19 per cent.
The World Bank has joined the chorus warning the world of an impending food crisis with damaging food price inflation. In its late-August edition of its Food Price Watch the Bank reported that global prices for food as reflected by its Food Price Index rose 10 per cent in July 2012 alone. The prices of staples such as corn and soya bean were at an all-time high that month, with the increase in corn prices amounting to 25 per cent and that in soya bean to 17 per cent over a single month. Earlier, the FAO had reported that its Food Price Index (FPI) rose by 6 per cent in July 2012, driven by grain and sugar prices. Cereal prices had risen by 17 per cent in June relative to the previous month, maize prices by close to 23 per cent and wheat prices by around 19 per cent.While longer-term factors underlie this third food price spike in a five-year span, the immediate and proximate cause of the inflation is a set of weather-induced production shortfalls in the larger producers. Prime among these is the U.S., the central agricultural belts of which are experiencing their worst drought in almost half a century. Reports from the National Oceanic and Atmospheric Administration of the U.S. are startling. July 2012 was the hottest single month in the country on record, and the first seven months of 2012 were on average the warmest since records began to be kept in 1895.
The World Bank has joined the chorus warning the world of an impending food crisis with damaging food price inflation. In its late-August edition of its Food Price Watch the Bank reported that global prices for food as reflected by its Food Price Index rose 10 per cent in July 2012 alone. The prices of staples such as corn and soya bean were at an all-time high that month, with the increase in corn prices amounting to 25 per cent and that in soya bean to 17 per cent over a single month. Earlier, the FAO had reported that its Food Price Index (FPI) rose by 6 per cent in July 2012, driven by grain and sugar prices. Cereal prices had risen by 17 per cent in June relative to the previous month, maize prices by close to 23 per cent and wheat prices by around 19 per cent.While longer-term factors underlie this third food price spike in a five-year span, the immediate and proximate cause of the inflation is a set of weather-induced production shortfalls in the larger producers. Prime among these is the U.S., the central agricultural belts of which are experiencing their worst drought in almost half a century. Reports from the National Oceanic and Atmospheric Administration of the U.S. are startling. July 2012 was the hottest single month in the country on record, and the first seven months of 2012 were on average the warmest since records began to be kept in 1895.The two crops whose production has been affected the most by this extreme weather event are maize (corn) and soya bean. According to the US Department of Agriculture (USDA), the state of 50 per cent of the maize crop and 37 per cent of the soya bean crop is “poor” or “very poor” condition, which is the worst assessment since 1988. Persistently falling maize yield projections placed it at 123.4 bushels per acre in mid-August, the lowest since 1995-96.
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