Food Prices
Food prices were high in mid-1942, reflecting the belief that India was in deficit. They rose sharply when the cyclone destroyed a quarter of Bengal’s rice crop, and evidence of shortage elsewhere in India and elsewhere in the region emerged, and they continued to rise sharply as the famine bit. Repeated efforts to ‘break the Calcutta market’ and reduce prices by dumping grain on the market failed: the quantities of grain available for intervention were minuscule in relation to the shortage. There was the normal seasonal speculation which puts up prices, forcing the population to reduce consumption and so spread what is available throughout the year (as economists from Adam Smith have pointed out). The high prices determine who is to die, the poor, rather than increase the number of deaths.
The Bengal Famine may be placed in the context of previous famines in Mughal and British India. Deccan Famine of 1630-32 killed 2,000,000 (there was a corresponding famine in northwestern China, eventually causing the Ming dynasty to collapse in 1644). During the British rule in India there were approximately 25 major famines spread through states such as Tamil Nadu in South India, Bihar in the north, and Bengal in the east; altogether, between 30 and 40 million Indians were the victims of famines in the latter half of the 19th century (Bhatia 1985).
Read more about this topic: Bengal Famine Of 1943
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