Wednesday, February 24, 2010

Jim Rogers: India and Agriculture

Jim Rogers and why India is Failing at Agriculture

Jim Rogers stated in a recent interview with the Economic Times that India should be an agriculture powerhouse, but because of water issues and endless government regulations, the nation continues to suffer when they should be one of the leading agricultural nations in the world.

In the short term, Rogers said if India doesn't do something about the water challenges in the northern part of India, there won't be an Indian agricultural story.

Rogers continues, saying everything in India is conducive to successful farming, as they have great land, soil and weather. The solution to Rogers is the government needs to get out of the way with its regulations and then the farming sector will thrive.

India has unfortunately had to import much of its food rather than be an exporter.

Jim Rogers and why India is Failing at Agriculture

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