Do More With Reuters
Partner Services

GM crops can meet India's food, biofuel needs

Mon Feb 25, 2008 3:37pm IST
 
Email | Print | | Single Page
[-] Text [+]

By Sourav Mishra & Abhishek Shanker

MUMBAI (Reuters) - India, which recorded the fastest growth in genetically modified (GM) crop adoption globally, could attain food self sufficiency once it allows commercialisation of GM crops, the head of a global research body said on Monday.

"India can become self sufficient in food production by use of biotechnology in food crops," Clive James, chairman of the International Service for the Acquisition of Agri-biotech Applications, told Reuters in an interview.

India, with a shortage in wheat, edible oils and a tight supply in rice, has a 250-billion-rupee food security mission, aimed at producing an additional 8 million tonnes of wheat, 10 million tonnes of rice and 2 million tonnes of pulses in 4 years.

India, the world's second-biggest wheat producer, bought 5.5 million tonnes of the grain in 2006 and 1.8 million tonnes last year, igniting global commodity markets.

It is the world's second biggest importer of edible oils with imports meeting over 40 percent of demand. It banned non-basmati rice exports to meet domestic need, after 2007/08 summer output was seen stagnant.

"The story of Bt cotton in India is remarkable....it can replicate the success in food crops," said James.

India surpassed the U.S. to become the second biggest producer of cotton in 2006/07, after adopting GM crops.

India's GM cotton area is estimated at 6.33 million hectares or 66 percent of the total cotton area in 2007/08, up from 3.69 million hectares in 2006/07, according to Cotton Advisory Board.  Continued...

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India.  Full Coverage 

GLOBAL RECOVERY

A labourer works on a flyover bridge at a construction site in New Delhi October 14, 2009. REUTERS/Parth Sanyal/Files
Global economy in holding pattern - IMF

The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months.  Full Article 

A man walks past a bronze statue of a bull outside the Bombay Stock Exchange (BSE) building in Mumbai in this March 25, 2008 file photo. REUTERS/Punit Paranjpe/Files
Bubble trouble?

With India's benchmark stock index, the BSE Sensex, at around 17,000 points, are the Indian equity markets looking at a possible bubble?  Commentary 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SPECIAL REPORT

Himangshu Watts
India's food dilemma

Indian farms are failing to attract capital or talent, either from rich landlords or the students who graduate from agricultural universities.  Full Article | Related Story 

showcase

U.S. Recession
U.S. Recession

A trip through the epicenters of the American recession.  Full Coverage 

 
Central Banks Cautious
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.   Full Coverage 

 
T P Raman
Column - RBI leads the world

Reserve Bank of India's approach ring-fenced the banking system.   Full Article 

 
Funding Blues
Funding Blues

A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned.  Full Article 

 
Not Enough Jobs
Not Enough Jobs

Venture capital creates jobs, but not enough.  Full Article 

 
Column - A Sweet Dream
Column - A Sweet Dream

There are good reasons for Ferrero to consider a combination with Cadbury.  Full Article