Budget Focuses On Agri-Research May Help Reduce Production Shocks

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The review of agricultural research will focus on raising productivity and developing climate-resistant seed varieties, for which funding will be provided to the private sector and experts will oversee the conduct of this research. The entry of the private sector into agriculture research in the name of developing climate-resilient technology and seeds, might affect the sovereignty of public institutions and farmers on seeds.

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Agricultural research has played a crucial role in food security and agricultural development by increasing agricultural production to meet the food needs of a rapidly growing population. The major progress in yields of cereals and other crops, livestock and farmed fish has been the key contribution to the 80 percent increase in global food output since the mid-1960s. The announcement to release new seeds and increase focus on research is expected to help solve these issues.

Presentation- Dibyabharati NNayak

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