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...

Construction workers work at a site as the sun sets in Chandigarh in this December 2006 file photo. REUTERS/Ajay Verma
Economy seen growing at 7.2 pct in FY10 - govt

The forecast reinforces the possibility that the government may start to unwind its fiscal stimulus in the budget.  Full Article 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives
Greece's Finance Minister Papaconstantinou addresses reporters during a news conference in Athens, January 20, 2010.
Eurozone agreed in principle to aid Greece

Euro zone countries have decided in principle to help debt-stricken Greece, a senior German ruling coalition source said.  Full Article 

FROM THE MARKETS

After the Bell
After the Bell

Reuters Money's Kshitij Anand updates you on the movers and shakers of the Indian stock market.  Blog 

SHOWCASE

"Claw Back" Pay
"Claw Back" Pay

Banks and regulators hope that threats to "claw back" pay if trades later blow up will rein in risk taking on Wall Street.  Full Article 

 
James Saft
Blaming Asperger's

COLUMN - Did Asperger's help cause the financial crisis?  Full Article 

 
Going Global
Going Global

With Volvo, Chinese eye M&A abroad to win at home.  Full Article 

 
Delivery Woes
Delivery Woes

Boeing 787 delivery schedule could slip - experts.  Full Article 

 
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