CII and McKinsey have recently
released Third Food and Agriculture
Integrated Development Action (FAIDA) Report titled: ‘India as an agriculture and high value food powerhouse: A new vision
for 2030”
Some of the highlights
of the report are as follows:
·
Indians
are now spending much more on high-value foods. In fact, the ratio of cereals
and pulses in the overall food budget of the average Indian consumer has
dropped by more than 25 per cent. Consumption has been shifting from
plant-based proteins such as pulses, to animal-based protein such as milk and
meat.
·
Between
2000 and 2010, the contribution of cereals and pulses in the overall per capita
food expenditure reduced from 40 per cent to 28 per cent, while that of
animal-based products and fruits and vegetables rose from 36 per cent to 42 per
cent. This change in consumption pattern has improved productivity of Indian
farmers as well and studies show agricultural output per worker increased two
times between 2000 and 2010.
·
There
has been a marked shift in production from basic foodgrains to high-value
produce, especially fruits and vegetables. In 2000, basic foodgrain formed 60
per cent of the total produce by weight, while fruits, vegetables and meat and
fibre formed only 38 per cent. By 2010, there was a shift to high-value crops,
which formed 45 per cent of total production.
·
India's farm output may rise by 130% in next 20
years.
·
India's
agricultural output at farm-gate prices
could grow from Rs 12.69 trillion in 2011 to Rs 29.28 trillion by 2030 on
expected rise in consumption.
·
At
the same time, processing could grow from Rs 1.1 trillion in 2011 to Rs 5.65
trillion by 2030, while India's food exports could grow from Rs 1.4 trillion in
2011 to Rs 7.72 trillion by 2030.
·
Mango, banana, potato, soybean and
poultry are the five
main farm products which could form the bedrock of rejuvenation in India’s
agriculture and allied activities landscape in the next two decades.
No comments:
Post a Comment