Invests US $4 billion to lease land in Ethiopia
INDIA is leasing land in Ethiopia to grow food to meet its domestic demand and boost exports. The government invested US $4 billion (Rs 19,000 crore) on agriculture, horticulture and sugar estates in the African country where land is cheap.
This is a fallout of the economic crisis and jump in food prices, said US-based research agency, the International Food Policy Research Institute (ifpri), in its policy brief. Indian analysts have criticized the move.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/india-outsources-agriculture
[2] http://admin.indiaenvironmentportal.org.in/category/author/sumana-narayanan
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/down-earth
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-tenure
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/agriculture
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/exports
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ethiopia
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/food-security
