India’s rising affluence and water profligacy could trigger a food crisis very soon At first blush, there is a lot to be cheerful about. India’s index of industrial production has resumed its climb. Stalled projects are being dusted and revived. There is a good chance that employment figures, too, will begin rising by the end of the next quarter. Then there is more good news. Per capital GDP (Gross Domestic Product) on the price purchase parity (PPP) basis is likely to continue climbing to touch $8,165 by 2022. It grew by 88% during the 2000-2011 period, from $2,600 in 2000, to $4,883. The coming decade could see it soar by another 67% (see chart). Moreover, the country’s granaries are full and overflowing. The rains were not as bad as were feared earlier. Consequently, India could see a decent harvest this year as well.

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