Monday, January 24, 2011

Transformed agriculture-led growth for India

India has a unique and compelling opportunity! Given the spirit of our entrepreneurial farmers, the scientific talent in our agriculture industry and universities, and the second-largest farming acres globally, if we can increase crop yields sustainably, we can achieve food security domestically and be a positive contributor to helping meet the world’s agricultural needs.

The World Bank , the Planning Commission, the National Council for Applied Economic Research (NCAER) have arrived at a broadly similar conclusion that 300 million to 400 million people in India live below the poverty line—meaning they do not have enough to eat and to care for themselves with majority living in rural India and linked to agriculture. At the current prices and rate of inflation, it is anybody’s guess what would be the number of India’s poor.

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