Publication: India - Unlocking Agribusiness for Inclusive Growth, Jobs, and More: Policy and Investment Priorities
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2017-07-01
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2017-07-01
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Major changes are occurring in the Indian economy that should inform public policy and investments in the food sector. The main drivers of changes occurring in the Indian economy include rising per capita incomes and urbanization. These patterns have led to increased demand for food and food services, including postharvest management activities, food retailing, and restaurants. Aggregate demand for food has increased, and consumption patterns are shifting toward fresh fruits and vegetables, processed foods, and ready-to-eat foods and meals. To meet the emerging demand, farmers need to respond by not only diversifying production toward foods with increasing demand but also with postharvest management. The objective of this report is to identify policy and investment priorities in agribusiness to stimulate inclusive growth and jobs. The study ultimately seeks to inform strategic dialogue between the government of India and the World Bank Group toward investments in postharvest management and other segments of agribusiness. The report provides building blocks to identify priorities for policy and investment. After a brief introduction (chapter 1), chapter 2 presents a framework to understand the role of agribusiness in development. Chapter 3 provides estimates of productivity and capital investment gaps in various subsectors of agribusiness and simulates the effects of bridging those gaps on macroeconomic indicators, sectoral growth, and jobs. Chapter 4 provides lessons on using agribusiness to improve nutrition. Chapter 5 provides lessons on promoting cold chain development. Chapter 6 provides lessons on promoting agroprocessing. Chapter 7 provides lessons on promoting inclusive value chains for modern food retailing. Finally, chapter 8 provides policy and investment priorities in agribusiness based on the main findings of the report.
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“World Bank Group. 2017. India - Unlocking Agribusiness for Inclusive Growth, Jobs, and More: Policy and Investment Priorities. © World Bank. http://hdl.handle.net/10986/30949 License: CC BY 3.0 IGO.”
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