Application of Stochastic Processes to Almost Ideal Demand System (AIDS) Models
K.L. Muruganantha Prasad1, V. Geetha2, R. Subramoniam3

1K.L. Muruganantha Prasad, Department of Mathematics, H.H. The Rajahs College, Pudhukottai (Tamil Nadu), India.
2V. Geetha, Research Scholar, H.H. The Rajahs College, Pudhukottai (Tamil Nadu), India.
3R. Subramoniam, Department of Mathematics, Lekshmipuram College of Arts and Science, Neyyoor (Tamil Nadu), India.
Manuscript received on 16 July 2019 | Revised Manuscript received on 01 August 2019 | Manuscript Published on 10 August 2019 | PP: 149-156 | Volume-8 Issue-2S3 July 2019 | Retrieval Number: B10280782S319/2019©BEIESP | DOI: 10.35940/ijrte.B1028.0782S319
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Abstract: The world’s worst recorded food disaster happened in 1943, in British-ruled India, and is known as the Bengal Famine. It is estimated that four million people died of hunger that year alone in eastern India (Ganguly, 2002). The reason for the severity of the famine was the hoarding of grains by Indian food traders who would sell goods at high prices in order to obtain large profits. When the British left India in 1947, the number one concern was to ensure that such a famine never happened again. It led to legislative measures that prohibit any person from monopolizing the food markets, and was a major contributor to the green revolution.
Keywords: Processes Application Models System.
Scope of the Article: Cryptography and Applied Mathematics