MilSpec
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Maybe Sir, you would like to have a look at this:
Our, PRIVATE AGRICULTURAL INVESTMENTS.
GOI gives these companies huge subsidies, all agricultural produce is exported to India at minimal Import Duty.
These companies are being encouraged as GOI knows India doesn't have enough land to feed Future 1.5 Billion People.
We can have a discussion about agricultural subsidies some other day, that is another interesting topic. It is very heartening to see Indian private sector investing in African economies.
As far as the not having enough land for feeding our people :
According to the latest FAO report, the average yield of rice in India is 2.3 tonne/ha as against the global average of 4.374 tonne/ha. China is the largest producer of rice with an output of 197 million tonne with a per-hectare yield of 6.5 tonne while countries like Australia (10.1 tonne), US (7.5 tonne), Russia (5.2 tonne) lead the tally.
The report says India has done better in wheat by achieving an yield closer to the global average. It has recorded an average yield of 2.9 tonne per hectare as against the global benchmark of 3.0 tonne/ha. However, it's still far from countries like France (7.0 tonne), US (3.11 tonne) and China (4.8 tonne)
So maybe increasing out yield might be the solution for the long run, that includes better irrigation infrastructure, which in turn mandates funding for such projects.
I am not against funding foreign projects, but it seems insensitive from the government when most of maharashtra and karnataka is facing droughts!