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Tuesday, May 06, 2008

World Food Crisis Where Lies the Solution

Condoleezza Rice has finally told the world reason of prevailing food crisis. According to her, people of China and India started consuming good food, their intake has increased and this is the reason why world grocery has come to the extinct level. Everyone had listened in his or her childhood stories of fairytales in which demons eat so much that entire village use to starve.
If the US secretary of State was to be believed, -- she would be as she is on very responsible post of a country like USA, something of that sort had happened. Although the current US president himself is been caught lying on many occasions just for defending his misadventure in Iraq. Forget everything for a while lets believe that we are living in the wonderland of Alice and due to something, food is vanishing, and there is a crisis. If Condoleezza Rice is to be believed, (I mentioned the reason why we should) then no crisis has gripped the world agricultural sector and everything is in the right direction. I had never listened that people die due to over eating, yes over eating lead to obesity, and other such very sophisticated modern ailments but not lead to death, but of course, hunger can kill you. Malnutrition is one of the main concerns and India is one of the flag bearers in malnutrition. Starvation deaths are also a common feature in our nation and all of us know Kalahandi. People in India sometime also eat Chappati of grass, but herbivorous four legged animals cannot complain about the shortage of grass because they cannot speak but Condoleezza Rice can and she is speaking, so nothing to feel bad about it. If the sum production of the agricultural products has not gone down and everything other than the dietary problem of people of China and India is ok then it simply means that, earlier the world was eating our share of food and now we are eating our just part. When we started eating then food fell short and now there is a crisis.

There should be no blame game as a crisis is prevailing and we should try to find out a solution for it. After enough thought I am right now in the position to suggest two solutions, one for us and second for the US. I must talk, first talk about the solution, which we can do, it is necessary also because we are the culprits and eating food of the others. Before coming to the solution I want to make one thing clear that I am only talking of my countrymen and not for China (If I talk of China then some may call me pro-Tibet, and frankly speaking I don’t want to be pro or anti of any nation). In India, we have glorious tradition of keeping fast if someone seriously follows Hindu religious scriptures everyday can be utilised for making some or other deity happy. In this way, we can go for a salvation and we can make others to eat who are not getting enough to eat because we are eating more. This can also save the nation form a new ailment of obesity (even the old ones are not been controlled). The other thing is in the hands of our Prime Minister, once in past also Lal Bahadur Shastri had given a national call of eating for one time and that was essential to solve a crisis at that time. Mr. Manmohan Singh should consider this option; I think if once George Bush will assert the reason of Condoleezza Rice then he will do. Manmohan Singh considers George Bush as one of his best friend (see some of the statements given by Manmohan Singh during the controversy of Indo-US nuclear deal) and friend in need is a friend indeed. George Bush care very much for the human civilisation. He himself had said that invading Iraq was vital for the shake of world peace and stability because Saddam Hussein possess Weapon of Mass Destruction and its use can lead to extinction human civilisation (although it is a different matter that he and all the US force did not able to locate one WMD in the entire Iraq – TILL DATE). The statement of Condoleezza Rice might be showing the legitimate concern of Gorge Bush, and George Bush might have maintained a strategic silence because India is a friend and Manmohan Singh is his one of the best friend.
The other solution is not of mine but I am forced to think, as I am a student of international relations and had some idea of US foreign policy. There are three countries, which were considered as the axis of evil, I fear (let it not be true); India can be declared as the nation of evils who are eating food of the rest. This will compel the kingdom of peace (USA) to start a crusade against the evils who are eating more than what they use to eat in the past. Therefore, the second solution involves lot of risk we all know the capacities of US air force that are perfect in destroying any nation and recently it had done a good practice in Afghanistan and Iraq. I prefer the first one, and will go for the fast from the next possible day and request all of you to accept my humble suggestion. If you cannot do fast for all the seven days, then there is one more solution and it is to eat only homemade food. Stop going to Pizza huts, Mac D, Stop drinking Coke, Pepsi etc say no to all brand of Lays, kurkure, Uncle Chips and whatever fast food you take. Yes Indian are eating hell lots of American made eateries giving them profits and getting blame in return, and this lead to world food crisis. So ‘No to American Junks – Yes to solution of World Food Crisis’. Let them eat their junks.

MARKET PREDICTION

US MARKET WAS AFFECTED BY THE FAILURE OF MICROSOFT-YAHOO DEAL.
IN INDIAN MARKET WE HAVE SEEN THE INCREASE IN VOLUME.
NIFTY MAY FUTURE ADDED 2.5 LAKHS NEW SHARES.
MARKET WILL BE RANGE BOUND ...HIGHER LEVEL WILL BE 5250...AND LOWER LEVEL WILL BE 5150.
5165 IS THE LEVEL FROM WHICH ONE CAN GO FOR LONG.
SORT LEVEL IS 5250 WITH FINAL SL 5150.

SECTOR
MAINLY FOCUS ON MIDCAP
1. CONSTRUCTION
2. CAPITAL GOODS......SUZLON & BHEL
3. ENERGY...ABAN
4. AUTO...TATAMOTORS & M&M

HAVE A NICE TRADING DAY

-MR SAM

Cement production to grow 11.5 per cent in FY 2009: CMIE

Cement demand outlook this fiscal remains healthy, driven by rising investment in construction and real estate sectors, the Centre for Monitoring Indian Economy (CMIE) said in its monthly report.

The CMIE expects cement production to grow 11.5 per cent and cement consumption 12 per cent during FY09.

The total annual installed capacity of the cement sector increased by about 22 million tonnes during FY08, of which 12.7 million tonnes were added during the March 2008 quarter. The CMIE expects another 25 million tonnes of new capacity to come on-stream in FY’09, boosting the production growth.

“We expect the production to grow 11.5 per cent during FY09 backed by the Northern region, which has seen additional capacity of around 15 million tonnes in FY08. The year 2009 would see an addition of another 7-8 million tonnes in the region,” the CMIE said.
Western and Eastern regions would continue to face a deficit. However, surplus volumes from the North are expected to meet demand in these regions, it said.

Sales volumes would drive the sector’s growth during the fiscal. With limited year-on-year rise in realisations, the measures to improve cost efficiencies would play a significant role in determining the sector’s profitability, CMIE added.

After decelerating in the previous three months, cement production and consumption growth rate picked up during February 2008.

Coming over a low base, production and consumption grew a robust 12.6 per cent and 14.8 per cent, respectively, during the month. The growth was driven by a healthy performance of the northern region, which saw its production and consumption rising 25 per cent each, the CMIE added.

Meanwhile, CMIE also projected in its monthly report that agricultural crop production to grow at a modest rate of 2.3 per cent in FY09.