Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Do Indians splurge on food?
Mar 14, 2013


On an aggregate basis, India does not do all that bad. It consistently figures on the list of companies with the highest production of a lot of important goods. But bring its huge population into the picture, and things change for the worse. Quite worse we should say. Today's chart of the day is another example of this. When it comes to spending on food, India seems to spend the lowest on a per capita basis. This is not only in comparison to the US but also its BRIC peers as the chart highlights. We don't know how much of this could be attributed to the Government's food storage and distribution policy and also to the prices of food items in various countries. But one look at the poor around us and we come to the sorry conclusion that we indeed have a long way to go when it comes to poverty alleviation and food security for all.

Data source: The Economist

This Chart Of The Day was published in The 5 Minute WrapUp - Which stocks to own, growth or value?

Equitymaster requests your view! Post a comment on "Do Indians splurge on food?". Click here!

1 Responses to "Do Indians splurge on food?"

vsankar

Mar 14, 2013

Ask Mrs.Sheila dikshit who will maintain that the existing level is more than sufficient for an Indian aam aadhmi

Like (1)
  
Equitymaster requests your view! Post a comment on "Do Indians splurge on food?". Click here!

Our Most Popular Charts

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS