• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Business News

Latest business breaking news from around the world

  • Home
  • Markets
  • Business
  • Investing
  • Tech
  • Politics

India needs Green Revolution 2.0 to make agri more climate-resistant, sustainable: RBI

January 17, 2022 by www.moneycontrol.com

Representative image

Representative image

India needs a second green revolution along with the next generation of reforms with a view to make agriculture more climate-resistant and environmentally sustainable, said an RBI article on farm sector challenges. Observing that Indian agriculture has exhibited remarkable resilience during the COVID-19 period, the article said “new emerging challenges warrant a second green revolution along with next-generation reforms”.

Despite the success in terms of production that has ensured food security in the country, food inflation and its volatility remain a challenge, which requires supply-side interventions such as higher public investment, storage infrastructure and promotion of food processing, said the article titled ‘Indian Agriculture: Achievements and Challenges’. The article said Indian agriculture scaled new heights with record production of various foodgrains, commercial and horticultural crops, exhibiting resilience and ensuring food security during the COVID-19 period.

ALSO READ: RBI imposes monetary penalty on The Co-operative Bank of Rajkot

“The sector, however, confronted various challenges, mitigation of which requires a holistic policy approach,” it said. For instance, crop productivity in India is much lower than other advanced and emerging market economies due to various factors, like fragmented landholdings, lower farm mechanisation and lower public and private investment in agriculture.

Second, the article said the current overproduction of crops like rice, wheat and sugarcane, has led to rapid depletion of the ground-water table, soil degradation and massive air pollution raising questions about the environmental sustainability of current agricultural practices in India. Also, despite surplus production in many of the commodities, food inflation and volatility in prices continue to remain high causing inconvenience to consumers and low and fluctuating income for farmers.

Close

COVID-19 Vaccine

Frequently Asked Questions

View more

How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more

Show

“Addressing these challenges would require a second green revolution focussed on the agriculture water-energy nexus, making agriculture more climate resistant and environmentally sustainable. The use of biotechnology and breeding will be important in developing eco-friendly, disease-resistant, climate-resilient, more nutritious and diversified crop varieties,” it said. Wider use of digital technology and extension services will be helpful in information sharing and generating awareness among the farmers.

It also stressed that better post-harvest loss-management and a revamp of co-operative movement through the formation of farmer-producer organisations (FPOs) can arrest the volatility in food prices and farmers’ income and help harness the true potential of Indian agriculture.

  • Not Easy Being Green: Hot Topic of Climate Investing
  • A BCG exec says the same CEOs who used to resist sustainability are changing their tune after seeing the numbers
  • We Need To Talk About Palm Oil
  • The Green Jobs Revolution Needs to Include All of Us
  • UN Says Climate Genocide Is Coming. It’s Actually Worse Than That.
  • A Sensible Climate Change Solution, Borrowed From Sweden
  • Climate Change Is Already Reshaping How We Farm
  • The Other Kind of Climate Denialism
  • How Black Lives Matter to the Green New Deal
  • A Green New Deal Revisited!
  • The Green New Deal Rises Again
  • Jay Inslee Wants to Be a Presidential Candidate for the Climate-Change Era
  • If Not the Green New Deal, Then What?
  • In LA, Climate Change Gentrification Is Already Happening
  • Break the law to make the law: Importance of protest for climate justice
  • We Face A Crisis Bigger Than Climate Change, But We're Not Talking About It
  • Is a Green New Deal Possible Without a Revolution?
  • How Pope Francis Came to Embrace Not Just Climate Justice but Liberation Theology
  • The Cautious Case for Climate Optimism (From a Climate Alarmist)
  • Climate change is a form of terror
India needs Green Revolution 2.0 to make agri more climate-resistant, sustainable: RBI have 829 words, post on www.moneycontrol.com at January 17, 2022. This is cached page on Business News. If you want remove this page, please contact us.

Filed Under: Business Green Revolution, RBI,  COVID-19, Green Revolution in Africa, agri projects in india, Making Revolution, climate revolution t shirt, deep green resistance, Sustainable Development and Climate Change, climate resilient sustainable agriculture, green climate fund india, Sustainability and Climate Change, what green revolution, about green revolution, about green revolution in india, Gujarat Green Revolution Company Limited, Indian Green Revolution, Climate Change and Sustainability, Second green revolution, climate change and sustainable development, exports to iran from india rbi guidelines, what india needs most today, Climate Change and Sustainable Development Goals

Primary Sidebar

RSS Recent Stories

  • Malaysia’s energy savings in 2021 totalled RM48.34 mil
  • Wall St climbs on gains in banks, strong retail sales data
  • Thailand lowers GDP outlook on Ukraine war, China slowdown
  • SPAN signs MoU with 12 water operators for crisis options
  • Malaysia, Thailand agree to set up joint special committee to discuss HSR project
  • Pontian MCA division chief suspended for five years
  • Analysts cut Mr DIY target price despite expectation of better quarters ahead
  • Bung Moktar and wife corruption case: Prosecution closes case, oral submissions on June 24
  • PetChem, Dialog, Duopharma, Yong Tai, Caely, DNeX, Reservoir Link, Borneo Oil, Chin Hin and SCIB
  • Uber bolsters platform for post-pandemic life

Sponsored Links

  • How American stocks could continue to climb
  • Which is The Economist’s country of the year for 2021?
  • After a shocker in 2021, where might inflation go in 2022?
  • The hidden costs of cutting Russia off from SWIFT
  • Has the pandemic shown inflation to be a fiscal phenomenon?
Copyright © 2022 Business News. Power by Wordpress.
Home - About Us - Contact Us - Disclaimers - DMCA - Privacy Policy - Submit your story