HENCY R SHAH AND ASSOCIATES

Does India Need Green Revolution 2.0? India needs a second green revolution along with the next generation of reforms to make agriculture more climate-resistant and environmentally sustainable. Observing that Indian agriculture has exhibited remarkable resilience during the COVID-19 period, new emerging challenges warrant a second green revolution along with next-generation reforms. Despite the success in terms of production that has ensured food security in the country, food inflation and its volatility remain a challenge, which requires supply-side interventions such as higher public investment, storage infrastructure and promotion of food processing. Indian agriculture scaled new heights with record production of various foodgrains, and commercial and horticultural crops, exhibiting resilience and ensuring food security during the COVID-19 period. The sector, however, confronted various challenges, mitigation of which requires a holistic policy approach. For instance, ...

How will the new National Logistics Policy be a game changer for the Indian economy The National Logistics Policy has come at the right time, as seamless connectivity, superior infrastructure, and strong export and logistics efficiency are essential to achieve these ambitious goals.  India aims to become a $20 trillion economy by 2040 and a developed nation by 2047. The National  Logistics  Policy has come at the right time, as seamless connectivity, superior infrastructure, and strong export and logistics efficiency are essential to achieve these ambitious goals.  Currently, the logistics costs in India are 13-14% of the GDP, compared to 7-8% in developed countries. Prime Minister  Narendra Modi , while launching the policy, said that the aim is to bring the logistics cost to single-digit as soon as possible. The higher logistics costs are reducing the competitiveness of India’s exports. Reports suggest that hig...