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Picture Courtesy: https://english.metrovaartha.com/news/national/pm-modi-to-inaugurate-international-conference-of-agricultural-economists
Context: India recently hosted the 32nd International Conference of Agricultural Economists in Delhi from August 2-7.
Details
International Conference of Agricultural Economists (ICAE) ●The International Conference of Agricultural Economists (ICAE), organized by the International Association of Agricultural Economists (IAAE), brings together experts, researchers, policymakers, and practitioners to discuss key issues in agricultural economics. ●The aim is to exchange knowledge and ideas on global challenges related to agriculture, food security, rural development, and sustainability. Attendees include academics, researchers, government officials, industry professionals, and international organization representatives, promoting networking and collaboration. ●The ICAE, held every three years in different global locations, plays a crucial role in shaping agricultural policies and practices worldwide by providing evidence-based insights and recommendations. ●The conference in India from August 2 to 7, 2024, focused on sustainable agriculture under the theme "Transformation Towards Sustainable Agri-Food Systems. ●The last time India hosted the conference was in Mysore in 1958, with Prime Minister Jawaharlal Nehru as the chief guest. |
Key Findings from the ICAE Session
A special session at ICAE compared the agricultural experiences of 20 major Indian states with those of 15 African countries from 2004-05 to 2019-20. This comparative analysis reveals critical insights:
Globally, food security faces severe challenges due to conflicts, climate change, and economic slowdowns. Achieving the United Nations' goal of zero hunger by 2030 is becoming increasingly difficult. A recent study indicates that an additional $21 billion annually in agriculture and rural areas is needed to end global hunger by 2040. |
Role of G20 and South-South Collaboration
Recommendations made during the conference
India-Africa Partnership in Food Security
Key Aspects of the Partnership
Technological and Knowledge Transfer
Research and Development
Infrastructure Development
Trade and Economic Cooperation
According to the Food and Agriculture Organization (FAO), India’s experience with green revolution technologies has significantly increased food production, a model that African countries are looking to replicate. |
Government Initiatives and Programs
●As of 2023, India has invested over $1 billion in agricultural projects in Africa. This includes funds for building infrastructure and supporting agricultural development programs. ●More than 2,000 African agricultural professionals have participated in training programs conducted by Indian institutions over the past decade, leading to improved agricultural practices and increased productivity in their respective countries. |
Impact and Benefits
The India-Africa partnership in food security is a vital component of global efforts to combat hunger and improve agricultural practices. By combining resources, expertise, and technology, both India and Africa work towards achieving sustainable food security and fostering economic development across the continent. |
Conclusion
Must Read Articles:
India Africa Defence Relations
Source:
PRACTICE QUESTION Q. India is both a major producer and consumer of food commodities. How can the country protect its domestic food security while participating actively in global food trade and mitigating the risks associated with price volatility? What strategies can be employed to balance the interests of farmers, consumers, and exporters? |
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