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.
By fostering innovation, collaboration, and market expansion, the national-level multi-state cooperative societies and NUCFDC aim to drive economic growth, empower farmers and cooperatives, and establish India as a global leader in cooperative products and services.
The announcement came through a press release, with BPA President Md Sumon Howlader accusing the government of favoring large corporations over marginal farmers.
Amit Shah emphasized the transformative potential of these agreements. He highlighted their alignment with the government’s broader goals of promoting organic farming, empowering tribal communities, and enhancing dairy production across the country.
Challenges persist: balancing security needs with rights, combating rising organized crime and drug issues without draconian tools, and ensuring implementation does not lag.
With direct procurement, digital transparency, and welfare measures, India’s cooperative movement is poised for significant growth, promising higher incomes for millions and greater food security for the nation.
Challenges persist: balancing security needs with rights, combating rising organized crime and drug issues without draconian tools, and ensuring implementation does not lag.
Food security is at stake in a nation self-sufficient in rice production. The unregulated market risks artificial shortages, where hoarding drives spikes despite ample harvests. Without intervention, experts warn of potential vulnerabilities to climate shocks or global disruptions, as the system lacks resilience.