india
a 400% increase in imports
Submitted by antarchi on April 21, 2009 - 15:50The entire economy of India was handed over to US in a secret deal to remove import restrictions on 714 items by 1st April 2000 and 715 items by 1st April 2001.
Artificially cheap subsidized products like soya oil started to flood the market. Imports of soyabean oil have increased from 2,36,000 tonnes in 1997-98 to 8,00,000 in 1998-99...
The mustard produced by our farmers which was selling at Rs. 2,000/- per quintal in 1999, is today not even selling for Rs. 900 per quintal. The production of mustard seeds has fallen by 65% and over 60% small oil mills and ghanis have been closed down, rendering lakhs of people unemployed.
As a result of unfair trading practices legalized by the WTO, India's agricultural imports have gone up from Rs. 50,000 million in 1995 to over Rs. 200,000 million in 1999-2000, a 400% increase in imports.
pepsi profits while indians starve
Submitted by antarchi on April 21, 2009 - 13:49It is the trading giants like Pepsi and Cargill who have benefited from withdrawal of food subsidies to the poor and redirection of subsidies for exports. Pepsi is exporting 100,000 tonnes of rice from India during 2002 with Rs. 12.2 million profits, while people in India face starvation. Cargill has exported 1m.t. tonnes of wheat during the past year, and plans to procure 20,000 m.t. during the 2002 harvest. Trade liberalization is a recipe for starving the poor to feed the corporations.
While the World Bank and IMF remove subsidies from food reaching the poor, they encourage subsidies to grain giants like Cargill and Pepsi for exporting food grain.
Exports increase while people starve
Submitted by antarchi on April 21, 2009 - 13:23While people have been forced to buy wheat and rice at [Indian] Rs. 11.30/Kg., because of the withdrawal of subsidies, export corporations such as Cargill are getting wheat and rice at highly subsidized prices. Using the artificially created surpluses as justification for exports the government will be exporting 5 million tonnes of wheat and 3 million tonnes of rice during 2001 while people pay Rs. 7000 per tonne for wheat, exporters are getting it at Rs. 4,300 per tonne, a subsidy of Rs. 13.5 billion. While people pay Rs. 11,300/Ton for rice, exporters are getting at Rs. 5,650 per tonne, a subsidy of Rs. 60 billion. Exports increase while people starve. Corporations are subsidized while people's food subsidies are withdrawn. This is how globalization is causing hunger and starvation in the Third World.
high net worth individuals
Submitted by antarchi on June 22, 2008 - 12:47The number of millionaires and billionaires, including now four in India, has escalated steadily so that now there are about nine and a half million people, or about one for every 700 people on earth, that the brokerage house Merrill Lynch calls High Net Worth Individuals who together possess, in liquid funds, some 37 trillion dollars-that is 37 followed by 12 zeros. This is about three times the GDP of either the United States or of Europe and more than a dozen times the GDP of India.
6-7 million people perished
Submitted by antarchi on April 27, 2008 - 17:24Over 60 years ago 6-7 million people perished in Bengal and in the neighboring provinces of Bihar, Orissa and Assam in 1943-1945 when the price of rice doubled and then finally quadrupled - those living on the edge who could not afford to buy food simply perished under the merciless scorched earth policy of the racist British colonial administration of British-occupied India
the beastliest people in the world
Submitted by antarchi on April 27, 2008 - 17:21There was the general sense of callousness. Churchill permitted himself to make the remark that the Indian population bring it onto itself by breeding like rabbits. And there was another statement of his when he said that he was well aware that the Indian people were the beastliest in the world, next to the Germans. It cannot be said that the central government was full of sympathy.
