In some senses Indian agriculture is flourishing. Working conditions may be grim, but record harvest follows record harvest—and famine is a thing of the past
Yet in some senses, rather than stagnating, Indian agriculture is flourishing. Working conditions may be grim, but record harvest follows record harvest—and famine is a thing of the past. Farming exports in the fiscal year ending in March were up by 9% on the previous 12 months, hitting $26bn and representing 7% of India’s outbound trade. During the global food scare that followed Russia’s invasion of Ukraine last year, India became a pivotal exporter of rice and wheat , as well as other grains.
However, Indian agriculture has begun a subtle evolution—in terms of policies, technology and finance—that is helping bypass the many official constraints. This is apparent in the economic data. A little more than a decade ago, agriculture and manufacturing produced similar amounts of gross value added, a measure that subtracts purchase costs from revenues to capture contributions to economic activity. The most recent numbers show that agriculture contributes a quarter more.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
M&S £22 bodysuit with cooling technology is the perfect buy this heatwaveMarks and Spencer’s has the perfect summer shapewear solution, with its smoothing bodysuit with cooling technology for a flattering silhouette without worrying about overheating
Weiterlesen »
Manipur: Fears grow over Indian state on brink of civil warManipur faces the darkest chapter in its modern history and could be engulfed by ethnic violence.
Weiterlesen »
Introducing CELLER8®: Revolutionising Wellness with PEMF TechnologyMed-tech manufacturer, Bedfont® Scientific Ltd., launches new CELLER8® PEMF device with exclusive distributor, NewMed Ltd. at the Health Optimisation Summit 2023.
Weiterlesen »
Indian Solar Giant To Invest $1.5B In New U.S. Factories | OilPrice.comA venture group backed by India’s second-largest solar energy company, Vikram Solar, will invest up to $1.5 billion in the U.S. solar energy supply chain, with the first investments going to a factory in Colorado next year.
Weiterlesen »
Deloitte quits as auditor of Indian start-up Byju’s\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Weiterlesen »
White House rolls out red carpet for Indian Prime MinisterWhile the West has framed the war in Ukraine as a defence of democratic values - India - the world's largest democracy - has stopped short of condemning Russia's invasion.
Weiterlesen »