ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Stock Markets- No Cause for Insomnia

October 12, 1974 which have severely damaged standing crops.
Even these natural calamities cannot, however, explain the current famine in West Bengal. In 1973-74, West Bengal produced about 85 lakh tonnes of foodgrains, about 3 lakh tonnes less than in 1972-73, against a total requirement of about 85 lakh tonnes a year. With drawals from the Central pool being approximately 10.60 lakh tonnes till end-September, the net food deficit in the state was relatively small This could not have brought on the present crisis, had the state government shown some seriousness about achieving the procurement target of 5 lakh tonnes.

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