Eligible projects include warehouses, silos, cold chains, logistics facilities, and smart precision agriculture infrastructure. Loan applicants must contribute at least 10 per cent of the project cost, and an entity can apply for up to 25 projects, each eligible for a loan of up to Rs. 2 crore.
Case studies from Ethiopia, Mexico, and the Netherlands highlight how targeted actions, informed by robust governance and a focus on resilience, can catalyse broader progress.
For Bangladesh, the world’s second-largest producer of jackfruit, the fruit was a natural choice. Jackfruit is also the country’s national fruit and symbolizes abundance. Yet much of the potential of this fruit remained untapped.
Private Final Consumption Expenditure (PFCE), a key driver of domestic demand, is projected to grow by 7.3 per cent in 2024-25, a sharp increase from the 4.0 per cent growth recorded in 2023-24.
The positive growth in food exports, coupled with a reduction in imports, highlights Pakistan’s progress in leveraging its agricultural and food production capabilities.
The SCL Act, which covers 63 items, imposes taxes at high rates on staple foods such as rice, potatoes, and maize. Critics argue that while these taxes protect domestic agriculture, they also make basic foods costly, exacerbating malnutrition among poor families.
For Asia’s rice bowl, the coming months will be critical. Farmers, traders, and policymakers must prepare for a potentially volatile period that could test food security across the region.
Analysts suggest a balanced outcome might involve India strengthening its own forced labour import monitoring mechanisms while securing phased tariff reductions and dispute resolution clauses that provide greater predictability for Indian exporters.
As the June 12 deadline approaches, the ministry will likely receive a wide array of ideas. The challenge will be synthesizing them into a coherent, actionable medium- to long-term strategy that delivers the 20 per cent target without compromising growth or equity.
For Asia’s rice bowl, the coming months will be critical. Farmers, traders, and policymakers must prepare for a potentially volatile period that could test food security across the region.
Analysts suggest a balanced outcome might involve India strengthening its own forced labour import monitoring mechanisms while securing phased tariff reductions and dispute resolution clauses that provide greater predictability for Indian exporters.
The MoU, inked by Bangladesh’s DG Food Md Abul Hasanat Humayun Kabir and Joseph K. Sowers from US Wheat Associates, underscores a deepening partnership in food and trade.