Bengal famine of 1943 in which 3 million persons died
was the direct result of the escalation of British
war expenditure on the eastern front. Such massive
loss of life could have been avoided if the manner
of financing war expenditure had been different. The
war expenditure on the eastern front was financed
by a "profit inflation" generating "forced
savings". Financing war expenditure this way
imposed a heavy burden, especially on the poor people
of rural Bengal who were net food purchasers. The
forced reduction in consumption they had to undergo,
entailed a drastic reduction in their foodgrain intake,
and hence the famine.
article was originally published in The
November 14, 2018.