Poor people spend a much bigger share of their overall spending on food than on energy. If the use of food crops for bio-fuels increases, commodity prices increase, making these crops less accessible to the poor. It is estimated that the rapid increase in global bio-fuel production will push global corn prices up to 41 percent, oil-seeds prices to 76 percent. and wheat prices to 30 percent by 2020. Thus, these price increases of foods will lead to more expenses in food, and will also affect diet quality and nutrition level.
The rising prices can be successfully handled if crop yield is increased substantially. But what is more important is to frame a pragmatic bio-fuel policy to regulate ethanol production from trees and grasses. These steps will have positive impact on the country's economic growth.

Title: Food Price Hike and Bio-fuel Production

Rapid increase in global bio-fuel production using food crops will push the food price up which will affect the diet quality and nutrition level of all people specially of the poor people. Some important steps like increasing crop yield and implementing pragmatic bio-fuel policy are essential to control food price and achieve economic growth.