Cabinet approves India, Egypt deal in agriculture

The preliminary agreement will allow cooperation in areas of agriculture, especially wheat and maize, along with agricultural technology, water management and related skill development

September 12, 2018

The partnership will also cover horticulture, organic farming, livestock husbandry, dairying, fisheries and feed production, besides management of agriculture waste for energy production

The deal will go a long way in boosting the agro economy of both India and Egypt through support in agro financing, seed sciences, infrastructure development and capacity building

With gross cropped area of over 194 million hectares and cropping intensity of 139 per cent, along with a total of 127 agro-climatic zones, India is one of the world’s top agricultural producer

Owing to its capacity, India has achieved food security, becoming a net exporter of agriculture commodities, besides entering into several foreign agreements in the agriculture space

The Union Cabinet, chaired by Prime Minister Narendra Modi, on September 12 approved an agreement between the Governments of India and Egypt for cooperation in agriculture and allied sectors. The deal covers collaboration in agricultural crops, especially wheat and maize, biotechnology, irrigation and water management. The partnership will also cover horticulture, organic farming, livestock husbandry, dairying, fisheries and feed production, besides management of agriculture waste for energy production.

 

The nations, both of which depend heavily in agriculture, will share expertise in agricultural trade, food processing, agricultural health and machinery. The deal will go a long way in boosting the agro economy of both India and Egypt through support in agro financing, seed sciences, infrastructure development and capacity building. Cooperation will also be effected through exchange of research scientists and experts, exchange of agricultural information as well as that of scientific and statistical publications.

 

Additionally, the countries will share germplasm and agriculture technology; while conducting joint seminars, workshops and other similar activities. With gross cropped area of over 194 million hectares and cropping intensity of 139 per cent, along with a total of 127 agro-climatic zones, India is one of the world’s top agricultural producer. As a result, India has achieved food security, becoming a net exporter of agriculture commodities, besides entering into several foreign agreements in the agriculture space.

 

Agriculture is the primary source of livelihood for about 58 per cent of India’s population. Gross value added by agriculture, forestry and fishing was estimated at US$274 billion in FY 2018. Meanwhile, total agricultural exports from India grew at a CAGR of 16.5 per cent over FY 2010-18 to reach US$38.2 billion. In April-May 2018 agriculture exports were US$6.4 billion.