Showing posts with label India Agriculture. Show all posts
Showing posts with label India Agriculture. Show all posts

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

Monday, February 22, 2010

India Major Agriculture Commodities Producer

India Agriculture Commodity Production

India has been quietly growing a strong position in agricultural commodities while China gets the majority of the attention because they're such a strong consumer of most commodities.

While some of the top commodities India produces aren't that used in the western world, other than bananas and lemons, they still are the world leader in the following: safflower, bees wax, goat milk, castorseed, mangoes, guavas and mangosteens, chickpea, pigeon pea, lemons, bananas and buffalo milk, among others.

Unless you think India is only the king of the secondary agricultural commodities in the world, they have held the No. 2 position with major crops like sugarcane, wheat, rice, onions, green peas, cauliflower and garlic. They have been 3rd in cashews, rapeseed, sorghum, linseed and tomatoes.

Although India has a lot more bureaucratic problems than China, and internal challenges they will have to work through, the agricultural production of the country is one of the more positive signs economically for them.

Figures above were primarily based on the production numbers of 2007.

India Agriculture Commodity Production