Agriculture Sector in India, Indian Agriculture Industry

  • 8,182 views
Uploaded on

Indian agriculture is on a long-term growth path. The country is the second-largest producer of food in the world and holds the potential of being the biggest on global food and agriculture canvas, …

Indian agriculture is on a long-term growth path. The country is the second-largest producer of food in the world and holds the potential of being the biggest on global food and agriculture canvas, according to a Corporate Catalyst India (CCI) survey.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
No Downloads

Views

Total Views
8,182
On Slideshare
0
From Embeds
0
Number of Embeds
1

Actions

Shares
Downloads
704
Comments
0
Likes
12

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. AUGUSTAgriculture 2012For updated information, please visit www.ibef.org 1
  • 2. AUGUSTAgriculture 2012 Contents  Advantage India  Market overview and trends  Growth drivers  Success stories: Green Revolution, Rallis India  Opportunities  Useful informationFor updated information, please visit www.ibef.org 2
  • 3. AUGUSTAgriculture 2012Advantage India 2011–12E Robust demand Attractive opportunities Food grain • A large population is the key driver • Increasing demand for production: of demand for agricultural products agricultural inputs such as hybrid 250.2 seeds and fertilisers million • Rising urban and rural incomes tonnes have also aided demand growth • Promising opportunities in storage facilities; potential • External demand has also been storage capacity expansion of 35 growing especially from key million tonnes under the 11th markets like the Middle East Five Year Plan Advantage India Competitive advantages Policy support • High proportion of arable land (48 • Government is increasing Minimum per cent or 157.9 million hectares) Support Prices (MSPs) to ensure higher crop production • Leading producer of jute, pulses; second-largest producer of wheat, • Launched National Food Security Mission (NFSM) to increase production 1960–61 paddy, fruits and vegetables of rice, wheat and pulses Food grain production: 69.3 million Source: Ministry of Agriculture, World Bank, FAOSTAT, tonnes Aranca Research Note: E – EstimateFor updated information, please visit www.ibef.org ADVANTAGE INDIA 3
  • 4. AUGUSTAgriculture 2012 Contents  Advantage India  Market overview and trends  Growth drivers  Success stories: Green Revolution, Rallis India  Opportunities  Useful informationFor updated information, please visit www.ibef.org 4
  • 5. AUGUSTAgriculture 2012Evolution of agriculture in India 2000 onwards 1980-2000 • Increase in population and 1960-80 • Expanding cereal production strong income growth • Economic reforms amplified the demand for introduced; greater food grains encouragement to exports • MNC players brought in better technology to the • Surplus of production of market • Pioneering work of agricultural agricultural commodities 1950s scientists and efforts of farmers over domestic demand • Rise in institutional credit for led to Green Revolution • India thus emerged as a net agriculture • High Yield Variety (HYV) of exporter of agricultural • Government launched NFSM seeds, increased use of products to increase production of rice, fertilizers and irrigation resulted wheat and pulses • Stagnation in agriculture in a significant spike in • Low growth in crop and production grain production (0.4 and 0.1 per cent p.a.) • Attained food security and reduced import of food grains • Food grain production of 59.2 mt in 1952–53, Source: RBI, Ministry of Agriculture, Aranca Research with a yield of 579.8 Notes: NFSM - National Food Security Mission, kg/ha MNC - Multi National Company, mt - metric tonne, p.a. – per annumFor updated information, please visit www.ibef.org MARKET OVERVIEW AND TRENDS 5
  • 6. AUGUSTAgriculture 2012Growth in agriculture … (1/2) GDP by value added – size of agriculture and allied activities→ GDP of agriculture and allied sectors in India reached (USD billion) USD 147.7 billion in FY11 147.7→ According to the Central Statistical Organisation (CSO), the agriculture sector is estimated to have 138.0 grown by 2.5 per cent in FY12 136.5 136.6→ Agriculture is the primary source of livelihood for 129.0 about 58 per cent of India’s population Note: GDP – Gross Domestic Product FY07 FY08 FY09 FY10 FY11 Source: Ministry of Agriculture, Aranca ResearchFor updated information, please visit www.ibef.org MARKET OVERVIEW AND TRENDS 6
  • 7. AUGUSTAgriculture 2012Growth in agriculture … (2/2)→ At USD29.6 billion, agriculture accounted for 7.1 per Gross Capital Formation in agriculture and allied activities cent of total Gross Capital Formation in FY11 (USD billion)→ Under the FY13 Union Budget, planned outlay for 29.6 various schemes under the Dept of Agriculture and 26.5 27.3 Cooperation (DAC) has been fixed at USD 4.2 billion 22.0 19.2→ Allocation to the Rashtriya Krishi Vikas Yojana (RKV Y) in the FY13 budget has been increased to USD 1.9 billion, a rise of about 19 per cent from the previous financial year Note: RKVY is a central government scheme providing funds to state governments to spend on agriculture FY07 FY08 FY09 FY10 FY11 Source: Ministry of Agriculture, Aranca ResearchFor updated information, please visit www.ibef.org MARKET OVERVIEW AND TRENDS 7
  • 8. AUGUSTAgriculture 2012Major seasons: Kharif and Rabi … (1/2)→ There are two major agricultural seasons in India – Production of food grains (million tonnes) in Kharif and Rabi Kharif and Rabi seasons→ Kharif season lasts from April to September (summer); rice (paddy) is the season’s main crop 123.6 122.0→ Rabi season lasts from October to March (winter); 109.8 116.3 114.2 wheat is the season’s main crop 121.0 118.1 121.1 128.4 104.0 FY08 FY09 FY10 FY11 FY12E Kharif Rabi Source: Ministry of Agriculture, Aranca Research Note: E– Second advance estimatesFor updated information, please visit www.ibef.org MARKET OVERVIEW AND TRENDS 8
  • 9. AUGUSTAgriculture 2012Major seasons: Kharif and Rabi … (2/2) Area sown in FY10 (lakh hectares) Rabi Kharif 10.8 12.7 Wheat 71.0 Paddy 44.9 85.2 Pulses Oilseeds 335.3 87.3 Oil seeds Pulses 100.1 279.1 Jowar Cotton Maize 105.3 Bajra 136.9 174.4 Maize Rice Source: Ministry of Agriculture, Aranca ResearchFor updated information, please visit www.ibef.org MARKET OVERVIEW AND TRENDS 9
  • 10. AUGUSTAgriculture 2012Exports of Indian agricultural products… (1/2)→ India is among the 15 leading exporters of agricultural Agricultural exports from India (USD billion) products in the world; the country accounted for 1.7 per cent of global agricultural trade in 2010 CAGR 25.0→ Total agricultural exports from India expanded at a 17.8% CAGR of 17.8 per cent (to USD 25.0 billion) over FY07- 18.6 11(P) 16.5 17.9 13.0 Note: P – Provisional estimate (for FY11); CAGR – Compound annual growth rate FY07 FY08 FY09 FY10 FY11P Source: Ministry of Agriculture, World Trade Organisation, Aranca ResearchFor updated information, please visit www.ibef.org MARKET OVERVIEW AND TRENDS 10
  • 11. AUGUSTAgriculture 2012Exports of Indian agricultural products… (2/2)→ India exported cotton worth USD2.7 billion in FY1 1(P) Key agricultural and allied sector exports from India in FY11(P) accounting for nearly 11% of total agricultural exports (USD billion) 3.0 2.7→ Oil meals and rice were the next largest export items 2.3 in terms of value; each accounted for about 9% of 2.5 2.3 total agricultural exports in FY11(P) 1.8 2.0 1.6 1.6→ As part of a conscious strategy, the government 1.5 monitors the flow of exports of agricultural products 1.0 depending on domestic demand and availability 0.7 0.7 0.5 0.5 0.5 Note: P – Provisional Estimate 0.0 Source: Ministry of Agriculture, Aranca Research *includes meat preparations; **includes products made from paper/ woodFor updated information, please visit www.ibef.org MARKET OVERVIEW AND TRENDS 11
  • 12. AUGUSTAgriculture 2012Key agricultural states and theircontributions Punjab and Haryana were the key states of green revolution and continue to be large producers of food grains Uttar Pradesh - largest producer of wheat 14.34 million tonnes Assam is India’s largest producer of tea Gujarat - largest producer of cotton 7.99 million bales West Bengal - largest producer of rice Karnataka - largest 14.34 million tonnes producer of maize 3.01 million tonnes Madhya Pradesh - largest producer of pulses 4.30 million tonnes Source: Department of Agriculture & Cooperation; Note: All figures as of 2009-10 12
  • 13. AUGUSTAgriculture 2012 Contents  Advantage India  Market overview and trends  Growth drivers  Success stories: Green Revolution, Rallis India  Opportunities  Useful informationFor updated information, please visit www.ibef.org 13
  • 14. AUGUSTAgriculture 2012Growth drivers of Indian agriculture • Population and income growth Demand-side drivers Growth drivers • Institutional credit• Hybrid and genetically Supply-side Policy support modified seeds drivers • Increasing MSPs• Mechanisation • Favourable policies• Irrigational facilities Notes: MSP – Minimum Support Price For updated information, please visit www.ibef.org GROWTH DRIVERS 14
  • 15. AUGUSTAgriculture 2012A large population ensures high demandfor agricultural products→ India, the second-most populated country in the Population of India (million) world, has to meet food consumption needs of around 1400 1,210 million people 1,210 1200 1,029→ This is a key demand driver of agricultural growth in 1000 the country 846 800 683 548 600 400 200 0 FY71 FY81 FY91 FY01 FY11 Source: Census of India 2011, Aranca ResearchFor updated information, please visit www.ibef.org GROWTH DRIVERS 15
  • 16. AUGUSTAgriculture 2012Income growth also driving agriculturedemand→ Domestic demand for agricultural and allied products Per capita income at factor cost (USD) has not only been rising due to rising population, but 1,200 also as a result of greater consumption by a wealthier CAGR 1,111 population 14.3% 961 1,000 849→ Over FY07-1 India’s per capita income increased at a 1, 800 746 CAGR of 14.3 per cent (to USD1,1 1) 1 650 600→ Indian agriculture has also benefitted from rising 400 external demand and the sector’s wider participation in the global economy 200 0 FY07 FY08 FY09 FY10 FY11 Source: Central Statistical Organisation, Aranca ResearchFor updated information, please visit www.ibef.org GROWTH DRIVERS 16
  • 17. AUGUSTAgriculture 2012Growing area under irrigation … (1/2)→ India’s irrigation potential has steadily increased over Area under irrigation (million hectares) the years; as of March 2010 it stood at 108.2 million hectares compared to 81.1 million hectares in FY92 86.4 76.6→ In FY1 1, aided by central government funding, 63.2 63.3 individual states generated additional irrigation 55.1 49.8 potential of 0.6 million hectares under the Accelerated 48.0 Irrigation Benefit Programme (AIBP) 38.2 38.7 31.1 FY71 FY81 FY91 FY01 FY10P Gross irrigated area Net irrigated area Source: Ministry of Agriculture, Aranca Research Note: P is Provisional EstimateFor updated information, please visit www.ibef.org GROWTH DRIVERS 17
  • 18. AUGUSTAgriculture 2012Growing area under irrigation … (2/2)→ Gross irrigated area under food grains is estimated to Gross irrigated area under food grains (‘000 hectares) have grown to 58.6 million hectares in FY10(P) 58,641→ Of the wide variety of crops in India, rice and wheat 53,609 are the most irrigated 44,866 37,851→ With growing investments in irrigation, the 30,117 dependence on monsoons has declined considerably over the years FY71 FY81 FY91 FY01 FY10P Source: Ministry of Agriculture, Aranca Research Note: P is ProvisionalFor updated information, please visit www.ibef.org GROWTH DRIVERS 18
  • 19. AUGUSTAgriculture 2012Increasing mechanisation of farming… (1/2)→ Mechanisation helps in raising farm income by Number of tractors sold increasing productivity and limiting post-harvest losses CAGR 545,109→ Growing sales of tractors and tillers in India reflect the 11.5% increasing level of mechanisation in farming; over 419,270 393,836 FY07-1 tractor sales rose at a CAGR of 1 per cent 1, 1.5 352,835 346,501 342,836→ India is the largest manufacturer of tractors in the world, accounting for about one-third of global production* Source: ‘State of Indian Agriculture 2011-12’ by the Dept of Agriculture and Cooperation (DAC) FY07 FY08 FY09 FY10 FY11 Apr - Dec 2011 Source: Department of Agriculture and Cooperation, Aranca ResearchFor updated information, please visit www.ibef.org GROWTH DRIVERS 19
  • 20. AUGUSTAgriculture 2012Increasing mechanisation of farming… (2/2)→ Sale of tillers increased at a CAGR of 22 per cent over Number of tillers sold FY07-11 CAGR 55,000 22 %→ The government has set up a number of Farm Machinery Training and Testing Institutes to train 38,794 39,900 farmers on the operation and maintenance of 35,294 26,135 agricultural equipment 24,791→ DAC proposes to initiate National Mission on Agricultural Mechanisation (NMAM) to spread the benefits of mechanisation among all levels of farmers especially small and marginal ones FY07 FY08 FY09 FY10 FY11 Apr - Dec 2011 Notes: DAC– Dept. of Agriculture and Cooperation Source: Department of Agriculture and Cooperation, Aranca ResearchFor updated information, please visit www.ibef.org GROWTH DRIVERS 20
  • 21. AUGUSTAgriculture 2012Improved yield and resistance fromhybrid seeds … (1/2)→ The size of India’s seed industry was about USD1.6 Production of seeds (‘000 tonnes) billion (estimate) in FY10 200 3500 3000→ There has been strong growth in the use of hybrid 150 2500 seeds due to their high yield and resistance 2000 100→ Usage of hybrid seeds has been more prevalent in 1500 cash crops than food crops 50 1000 500 0 0 FY07 FY08 FY09 FY10 FY11P Breeder seed production (000 tonnes) Foundation seed production (000 tonnes) Certified seed production(000 tonnes) ( RHS) Source: Ministry of Agriculture, Aranca Research P – Provisional EstimateFor updated information, please visit www.ibef.org GROWTH DRIVERS 21
  • 22. AUGUSTAgriculture 2012Improved yield and resistance fromhybrid seeds … (2/2)→ Usage of hybrid seeds has boosted the yield of food Food grain yields (kg/hectare) grains to an estimated 1,757 kg/hectare in FY12 from 1,023 kg/hectare in FY81 1,921→ The government has been playing a proactive role in 1,757 1,626 promoting greater use of hybrid seeds; it encourages 1,380 private seed companies by providing a subsidy of 25 per cent of the capital cost subject to a maximum of 1,023 USD50,000 per unit FY81 FY91 FY01 FY11E FY12E* Source: Ministry of Agriculture, Aranca Research Note: E – Fourth advance estimates, E* - First advance estimatesFor updated information, please visit www.ibef.org GROWTH DRIVERS 22
  • 23. AUGUSTAgriculture 2012Institutional credit to agriculture on arise … (1/2)→ Institutional credit to the agriculture sector increased Institutional credit to agriculture (USD billion) at a CAGR of 18.1 per cent during FY07–1 1 69.3→ Farmers are allowed to avail crop loans at an interest 59.5 of 7 per cent 47.7→ In FY12, the government increased the interest 37.7 34.7 30.4 subvention for timely repayment of crop loans to 3 per cent from 2 per cent in FY11 14.6 10.1 9.6 13.2 10.4 8.9 5.3 5.6 7.3 9.2 5.7 4.3 FY07 FY08 FY09 FY10 FY11 1H FY12 Commercial Banks Cooperative Banks Regional Rural Banks Source: Ministry of Agriculture, Aranca ResearchFor updated information, please visit www.ibef.org GROWTH DRIVERS 23
  • 24. AUGUSTAgriculture 2012Institutional credit to agriculture on arise … (2/2)→ Domestic banks (both private and public) are Share of institutional credit to agriculture stipulated to provide almost one-fifth (18 per cent) of their net bank credit to agriculture 74.5%→ Banks are issuing Kisan Credit Card (KCC) to farmers 52.6% to provide timely and adequate credit support; by the end of Oct, 201 107.8 million KCCs were issued to 1, 39.2% eligible farmers 15.7% 8.0% 9.8% Co-operative Banks Regional Rural Banks Commercial Banks FY01 FY11 Source: Annual report on Agriculture 2010-11, Aranca ResearchFor updated information, please visit www.ibef.org GROWTH DRIVERS 24
  • 25. AUGUSTAgriculture 2012Rising MSPs incentivise farming … (1/2)→ The Indian government increases MSPs regularly to MSP of rice (USD per quintal) incentivise farmers to enhance production of crops and ensure there is adequate supply 22.5 20.8 18.8 19.8→ The MSP for rice was raised by 8.2 per cent to 15.5 USD22.5 per quintal in FY12 from USD20.8 per quintal in FY11 Note: MSP is Minimum Support Price FY08 FY09 FY10 FY11 FY12 Source: Ministry of Agriculture, Aranca ResearchFor updated information, please visit www.ibef.org GROWTH DRIVERS 25
  • 26. AUGUSTAgriculture 2012Rising MSPs incentivise farming … (2/2)→ Government has increased the MSP of pulses MSP of arhar (USD per quintal) significantly in the past three years to encourage 66.7 production and thereby reduce the supply shortage 62.5→ MSP for arhar increased more than 100 per cent to 47.9 USD66.7 per quintal in FY12 from USD32.3 per quintal 41.7 in FY08 32.3 FY08 FY09 FY10 FY11 FY12 Source: Ministry of Agriculture, Aranca ResearchFor updated information, please visit www.ibef.org GROWTH DRIVERS 26
  • 27. AUGUSTAgriculture 2012Favourable policies are supporting thesector growth … (1/2) • National Food Security Mission was launched in FY08 with an outlay of USD1.2 National Food Security billion during the 11th Five year plan Mission (NFSM) • It aims at enhancing the production of rice, wheat and pulses by 10 million tonnes, 8 million tonnes and 2 million tonnes by FY12 • Rajiv Krishi Vikas Yojana was launched in FY08 with an outlay of USD5.3 billion Rajiv Krishi Vikas Yojana during the 11th Five year plan . (RKVY) • RKVY aims at incentivising states to increase outlays for agriculture and allied activities there by creating an increased focus on agriculture • 100 per cent Foreign Direct Investment (FDI) is allowed under automatic route in Foreign Direct storage and ware housing including cold storages Investment (FDI) • FDI policy for agriculture was amended to allow 100 per cent FDI under automatic route for development of seeds Source: Ministry of Agriculture, Union Budget 2011-12, Aranca ResearchFor updated information, please visit www.ibef.org GROWTH DRIVERS 27
  • 28. AUGUSTAgriculture 2012Favourable policies are supporting thesector growth … (2/2) • Government has launched an initiative to spend USD 65.1 million to promote Pulses villages 60,000 ‘pulses villages’ in rain fed areas for increasing crop productivity and strengthening market linkages • Realising that scientific and technical breakthroughs are critical to increasing Incentivising agricultural agricultural productivity, the government in its FY13 budget has allocated research USD41.7 million to incentivise research with rewards for institutions as well as research teams • The government plans to set up a Regional Rural Bank Credit Refinance Fund with a capital of USD2.1 billion to enhance the capacity of RRBs to disburse short RRB Credit Refinance term crop loans to small and marginal farmers Fund • In its budget for FY13, the government raised the target for agricultural credit by USD20.8 billion to USD119.8 billion Source: Ministry of Agriculture, Union Budget 2011-12, Aranca Research Note: RRB – Regional Rural BankFor updated information, please visit www.ibef.org GROWTH DRIVERS 28
  • 29. AUGUSTAgriculture 2012 Contents  Advantage India  Market overview and trends  Growth drivers  Success stories: Green revolution, Rallis India  Opportunities  Useful informationFor updated information, please visit www.ibef.org 29
  • 30. AUGUSTAgriculture 2012Green Revolution: India becomes self-sufficient in food grains → The Green Revolution started around 1965 in India, especially in the states of Haryana and Punjab, to increase the production of food grains → The movement helped the country to reduce imports and become self-sufficient in food grains → Food grain production more than doubled to 150.4 million tonnes in FY86 from 72.4 million tonnes in FY66 → Agricultural infrastructure improved during this period with dependence on monsoons going down due to better irrigation facilities Double Food grain production (million tonnes) cropping existing 150.4 farm land 129.6 121.0 108.4 Continued 72.4 High expansion Green yielding of farming Revolution seeds area Use of pesticides FY66 FY71 FY76 FY81 FY86 and fertilisers Source: Handbook of Indian Statistics, Aranca ResearchFor updated information, please visit www.ibef.org SUCCESS STORIES: GREEN REVOLUTION, RALLIS INDIA 30
  • 31. AUGUSTAgriculture 2012Rallis India: Leading player inagricultural inputs … (1/2) Salient characteristics • Rallis is a leading player in the agricultural inputs business and the largest player in agri chemical business • Crop protection is the major segment for the company and it plans to expand its presence in seeds and PGN • As part of the above mentioned plans, Rallis acquired a research-led seeds company ‘Metahelix’ and launched a PGN product in the name of ‘Ralligold’ • Rallis India has set up Rallis Farm Management services to undertake contract farming • Rallis Research centre has won the prestigious New Millennium Indian Technological Leadership Initiative award for a molecule discovery Major business segments Crop protection Agri services Rallis Contract farming Seeds and PGN Note: PGN - Plant Growth NutrientsFor updated information, please visit www.ibef.org SUCCESS STORIES: GREEN REVOLUTION, RALLIS INDIA 31
  • 32. AUGUSTAgriculture 2012Rallis India: Leading player inagricultural inputs … (2/2) Net sales (USD million) Profit before taxes (USD million) 259.4 38.4 222.0 31.8 183.1 30.5 31.1 174.3 140.5 22.3 FY08 FY09 FY10 FY11 FY12 FY08 FY09 FY10 FY11 FY12 Source: Company website, Aranca ResearchFor updated information, please visit www.ibef.org SUCCESS STORIES: GREEN REVOLUTION, RALLIS INDIA 32
  • 33. AUGUSTAgriculture 2012 Contents  Advantage India  Market overview and trends  Growth drivers  Success stories: Green Revolution, Rallis India  Opportunities  Useful informationFor updated information, please visit www.ibef.org 33
  • 34. AUGUSTAgriculture 2012Opportunities Farm management services Agricultural inputs Logistics • New agri business, which • Limited arable land • The 11th Five Year Plan provides inputs such as against growing estimated a potential seeds, fertilisers along with population makes storage capacity expansion providing advice and agricultural inputs crucial of 35 million tonnes training farmers on latest agricultural practices • Huge opportunity exists • Cold storage capacity needs for agri input segments to grow rapidly from the • It introduces efficiencies like seeds and plant current level of 24 million into the whole gamut of growth nutrients tonnes agri practices • In India, commercial seeds • Private warehouse • Provides assistance to sell only account for minor operators are supported by products at appropriate percentage (25 per cent) multiple income streams, prices and huge demand is subsidy and available of expected for quality credit branded seeds Source: Rallis Annual Report, FCI, Aranca research Note: FCI - Food corporation of IndiaFor updated information, please visit www.ibef.org OPPORTUNITIES 34
  • 35. AUGUST Agriculture 2012Initiatives that will further prop up thesector FDI in multi – National Food brand retail Security Bill • The government’s plan to allow up to 51 per cent FDI in multi-brand • Under the proposed National Food retail (which is under discussion) Security Bill, government will positively influence agriculture guarantees beneficiaries a and enable its modernisation even prescribed quantity of food grains further at heavily-discounted prices • Foreign investors are likely to bring • To meet the demand that could in efficiencies, especially in food emanate from implementation of supply chains; they are likely to the bill, the government will take invest in logistics such as measures to raise productivity warehouses and cold storages • The government is likely to invest • Direct procurement from farmers more on the storage infrastructure, will likely result in higher prices for which will reduce wastage and the farmer and lower ones for the thereby lead to lower prices consumer For updated information, please visit www.ibef.org OPPORTUNITIES 35
  • 36. AUGUSTAgriculture 2012 Contents  Advantage India  Market overview and trends  Growth drivers  Success stories: Green Revolution, Rallis India  Opportunities  Useful informationFor updated information, please visit www.ibef.org 36
  • 37. AUGUSTAgriculture 2012Industry Associations … (1/2)Autonomous Bodies• National Institute of Agricultural Extension Management Rajendranagar, Hyderabad–500 030, Andhra Pradesh Phone: 040-24016702 to 706 Fax: 040-24015388• National Institute of Agricultural Marketing (NIAM) Bambala, Kota Road Jaipur–302033, Rajasthan Phone: 0141-2770027 Fax: 0141-2771938, 2770027Boards• Central Insecticides Board and Registration Committee Machinary Store Building, N.H.IV Faridabad Phone: 0129 -2413002• Coconut Development Board Kera Bhavan, SRVHS Road, Kochi Kerala–682011 Phone: 0484-2376265, 2377267, 2376553 Fax: 0484-2377902For updated information, please visit www.ibef.org USEFUL INFORMATION 37
  • 38. AUGUSTAgriculture 2012Industry Associations … (2/2) • National Dairy Development Board (NDDB) PB No 40, Anand–388 001 Phone: 02692-260148/260149/260160 Fax: 02692-260157 • National Horticulture Board (NHB) Ministry of Agriculture, Government of India 85, Institutional Area, Sector-18 Gurgaon–122015, Haryana • National Oilseeds and Vegetable Oils Development Board (NOVOD) 86, Institutional Area, Sector-18 Gurgaon–122015, Haryana Councils • Indian Council of Agricultural Research (ICAR) Krishi Bhavan, New Delhi 110 114 Phone: 91-11-25846010For updated information, please visit www.ibef.org USEFUL INFORMATION 38
  • 39. AUGUSTAgriculture 2012Glossary→ AIBP: Accelerated Irrigation Benefit Programme→ Breeder seeds : Seeds move from germplasm ( research) stage to breeder stage→ CAGR: Compound annual growth rate→ Certified/quality seeds : Foundation seeds are further multiplied to get certified seeds, which are sold to farmers→ FMTTI : Farm Machinery Training and Testing Institutes→ Foundation seeds : Breeder seeds are multiplied as foundation seeds→ FY: Indian financial year (April to March)– FY12 implies April 2011 to March 2012→ KCC: Kisan Credit card→ MSP : Minimum Support Prices→ NFSM : National Food security mission→ NMAM: National Mission on Agricultural Mechanisation→ PGN : Plant Growth Nutrients→ RKVY : Rashtriya Krushi Vikas Yojana is a central government scheme providing funds to state governments to spend on agriculture→ USD: US Dollar– Conversion rate used: USD 1 = INR 48→ Wherever applicable, numbers have been rounded off to the nearest whole numberFor updated information, please visit www.ibef.org USEFUL INFORMATION 39
  • 40. AUGUSTAgriculture 2012Disclaimer India Brand Equity Foundation (IBEF) engaged Aranca to presentation to ensure that the information is accurate to prepare this presentation and the same has been the best of Aranca and IBEF’s knowledge and belief, the prepared by Aranca in consultation with IBEF. content is not to be construed in any manner whatsoever as a substitute for professional advice. All rights reserved. All copyright in this presentation and related works is solely and exclusively owned by IBEF. Aranca and IBEF neither recommend nor endorse any The same may not be reproduced, wholly or in part in specific products or services that may have been any material form (including photocopying or storing it in mentioned in this presentation and nor do they assume any medium by electronic means and whether or not any liability or responsibility for the outcome of decisions transiently or incidentally to some other use of this taken as a result of any reliance placed on this presentation), modified or in any manner communicated presentation. to any third party except with the written approval of IBEF. Neither Aranca nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or This presentation is for information purposes only. While omission on the part of the user due to any reliance due care has been taken during the compilation of this placed or guidance taken from any portion of this presentation.For updated information, please visit www.ibef.org DISCLAIMER 40