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Q.

India Inc is investing heavily on farm lands in Africa ---reports. Will it boost the global food production? Your views?

Asked by Good Citizen, 02 Jan '10 03:32 pm
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Answers (4)

1.

Yes, India's investment on farm lands in the African continent will definitely bos the global food production. This will also provide jobs to the people. The land in Africa is mostly very fertile and yields good crops. What is required is political stability which is lacking in most of the African countries.
Answered by Francisco, 02 Jan '10 03:39 pm

 
  
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2.

Yes, we are in race with china ,it is welcome The government-run State Trading Corporation (STC) has also evinced interest in buying land overseas, the sources said. Oil companies are also exploring purchase of land in south America to produce raw material for ethanol. Officials involved think it is cheaper to buy huge tracts of land in south America or Africa. Apart from prices being high, they say, large tracts of land are not available in India, too. STC, one of the companies involved in importing edible oil and pulses, is keen to procure land in Latin America, Canada
Answered by venkatesaldevarajan, 02 Jan '10 03:40 pm

 
  
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3.

It could, depending up on the kind of volume of investment, effort, seriousness and sincerity with which it would be done. More important would be the co-operation of the indvividual Govts of various African nations, most of which have unstable Govts or are too badly ridden by corruption of the worst order that you can ever find in any part of the world.

Inspite of the climatic conditions being very harsh, the land isn't as infertile as the general conception is, because all that we hear from Africa are tales of poverty, starvation, malnutrition, chaos and death.

It has to be remembered that, Zimbabwe was once an agricultural exporting country, with its vast regions of fertile land tended and carefully nurtured by the miniscule minority population, that was barely not even 5%. But the lopsided policy of handing over these white farms to the blacks without any follow up action to ensure that the land is cultivated and cared for, ensured that each of these farms were turned into ...more
Answered by Omega, 02 Jan '10 08:57 pm

 
  
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4.

Not sure of reports
it may boost our foodgrain needs
Answered by anil garg, 11 Apr '11 08:44 pm

 
  
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