Remember, when US President George W Bush blamed India's prosperity for global food crisis? A few months back, President Bush in an interactive business session had argued that while prosperity in countries like India is good, it triggers increased demand for better nutrition, which in turn leads to higher food prices. The comments came close on the heels of US Secretary of State Condoleezza Rice's controversial statement that 'apparent improvement' in the diets of people in India and China is among the causes of the current global food crisis. A report published in British daily, the Guardian, rubbishes this notion. A confidential World Bank report obtained by the daily, says that global food prices have shot up by 75 per cent thanks to higher production of biofuels. Guardian says that this damning unpublished report was...
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