The Hindu Business Line : ‘Second green revolution needed’

A second green revolution is needed to raise the growth rate of agricultural GDP in the country, according to Mr B. Sambamurthy, Chairman and Managing Director of Corporation Bank.

Delivering the keynote address at the silver jubilee celebrations of Nabard (National Bank for Agriculture and Rural Development) at the regional training centre of Nabard here on Thursday, he said that one of the major challenges of the11th Plan will be to reverse the deceleration in agricultural growth from 3.2 per cent observed between 1980 and 1997 to a trend average of around 2 per cent subsequently.

To reverse this trend, corrective policies must not only focus on the small and marginal farmers who continue to deserve special attention, but also on middle and large farmers who suffer from productivity stagnation arising from a variety of constraints.

He urged the need for new investments in the agriculture system.

More Stories on : Agricultural Institutions | Karnataka | Agriculture

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Higher advance targets set for agri, SSI, priority sectors

Rlys cuts rates by 50% for moving rice in covered wagons

Scarce commodity

Striking balance

AIRIA, IIT-Kharagpur inpact for rubber expo

Spot rubber up on supply worries

Good demand for dust tea at Kochi auction

Don’t allow field trials in GM crops, AP told

Withdrawal of stocks control order sought

‘Second green revolution needed’

Rains could have a final say on coffee production

Bargain buying pulls pepper futures up

Thin arrivals prop up cardamom prices

IIT-Kharagpur, AIRIA in pact for rubber expo

Cominvest to discuss commodities price outlook

Russia to lift curbs on Indian rice, oilseeds