@AGROBiz January/February 2025 | Page 7

Foreign News
January-February . 2025 | @ AGROBiz

Foreign News

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Reducing reliance on imports

CHINA is intensifying efforts to modernise its agricultural sector , aiming to stabilise grain production and safeguard food security . According to a recent report from the country ’ s State media , this move comes in response to challenges posed by increasing international tensions and the need to reduce reliance on imports .

In 2024 , China achieved a recordbreaking grain production of 706.5 million metric tonnes , including nearly 295 million tonnes of corn . While the country remains the world ’ s largest grain producer , it continues to depend on imports , a vulnerability heightened by rising tensions with major trade partners like the United States , Canada , and the European Union .
As such , China is determined to become a more self-sufficient “ agricultural power .” These tensions could potentially disrupt food trade , reinforcing the need for greater agricultural self-sufficiency .
At a national meeting focused on
rural policy , officials emphasised the importance of enhancing farmers ’ incomes while promoting the use of advanced agricultural technology and modern equipment .
A statement from Xinhua news agency highlighted the government ’ s commitment to stabilising grain production areas and improving crop yields through large-scale measures .
Moreover , China ’ s agricultural policy will also focus on enhancing
the support systems for grain farming , including improving land protection and quality . In addition , the agriculture ministry intends to build on previous gains in soybean , corn , and wheat production , which have risen in recent years through expanded planting areas and better crop varieties .
The government is also addressing market imbalances .
The recent oversupply of grain , coupled with weaker demand
caused by a slowing economy , has led to a dip in prices despite increased output .
The ministry has announced plans to optimise livestock production , particularly in the pork , beef , and dairy industries , where overproduction and reduced consumption have created price challenges . Measures will include controlling production levels and stabilising market prices to ensure a balanced agricultural economy .

India ’ s farming outlook

INDIA ’ S agriculture and allied sectors are projected to grow by 3.5-4 per cent in 2025 , according to Union Agriculture Minister Shivraj Singh Chouhan . Speaking during a meeting with state and union territory ministers in New Delhi on Jan 3 , 2024 , Shivraj highlighted the government ’ s commitment to accelerating agricultural development and improving farmer welfare .
In the meeting , Shivraj referenced Prime Minister Narendra Modi ’ s pledge from the previous year , emphasising the government ’ s renewed focus on farmer welfare .
“ We will take forward the work of agricultural development and farmer welfare at a fast pace ,” Shivraj stated , echoing the Prime Minister ’ s resolve to enhance efforts in his third term .
The Ministry of Agriculture is focusing on various initiatives such
Shivraj Singh Chouhan chairs ( centre ).
as micro-irrigation , mechanisation , technological advancements , and the adoption of new farming methods . Shivraj underscored that reducing production costs is key to rapidly boosting farmer incomes .
Highlighting the success of the
Photo by IANS
‘ PM Kisan Samman Nidhi ’ scheme , the minister mentioned that Rs3.46 crores have been distributed to over 11 crore ( 110,000,000 ) farmers in 18 instalments .
Additionally , over 25 lakh farmers were added to the scheme in the first 100 days of the Prime Minister ’ s third term , with the 18th instalment benefiting 9.58 crore ( 9,580,000,000 ) farmers .
The minister also discussed the significant reach of the ‘ PM Crop Insurance Scheme ,’ which has become the world ’ s largest crop insurance initiative .
A total of 14.28 crore farmers have applied , covering 602 lakh ( 60,200,000 ) hectares , with Rs17,000 crores in claims paid to date .
Recently , the Cabinet approved a hike in the provision for crop insurance to 69,000 crore .
Shivraj further mentioned the importance of crop legal recognition , with states making considerable progress in this area .
Additionally , he announced a Rs3,800 crores subsidy for fertilisers such as DAP to make them more affordable for farmers .