Food Security and Biofuels
The use of corn for ethanol production and their demand for soya bean oil has increased world food prices by about 10 percent, according to an IMF report. The Hamburg-based oilseeds analysts Oil world has predicted food crisis unless the use of agricultural products for bio-fuel is curbed or if the weather conditions are ideal and sharply Higher crop Yields are achieved in 2008. More alarming is the forecast that food prices will increase by 20 to 40 per cent in the next decade. Jatropha is ideal as it can be cultivated in waste lands, Little attention and inputs are required. This needs to be gone into carefully to assess the economics as well as employment generation potential .A systematic study of the soil fertility also may be called for.
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