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To: ild who wrote (7238)12/10/2002 11:56:22 AM
From: fattyRespond to of 306849
 
>How do you invest in India?

I guess you can start by sending some money to charity.

India's Poor Starve as Wheat Rots
By AMY WALDMAN

HANNA, India — Surplus from this year's wheat harvest, bought by the government from farmers, sits moldering in muddy fields here in Punjab State. Some of the previous year's wheat surplus sits untouched, too, and the year's before that, and the year's before that.

More than two decades after a "green" revolution made India, the world's second-most-populous country, self-sufficient in grain production, half of India's children are malnourished. About 350 million Indians go to bed hungry every night. Pockets of starvation deaths, like those in the Baran district of Rajasthan, have surfaced regularly in recent years.

Yet the government is sitting on wheat surpluses — now at about 53 million metric tons — that would stretch to the moon and back at least twice if all the bags were lined up. Persistent scarcity surrounded by such bounty has become a source of shame for a nation that has taken pride in feeding itself.

Advocates for the poor and those pushing for economic reforms ask how a country can justify hoarding so much excess when so many of its people regularly go hungry.

link to the rest of the article

nytimes.com



To: ild who wrote (7238)12/10/2002 11:58:18 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
look for either a closed end or open ended mutual fund that invests in india