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Pak Economy
The article by Sultan Ahmad discusses the need of second green revolution in
Pakistan. He tells us that there has been substantial increase in population over the
years as compared to the total agricultural output and there is need to provide them
with protein food enriched with high nutritional value. India had benefitted a lot from
first green revolution in the 1960s and Pakistan had benefitted only a little. The total
food grain and wheat output did increase but in a very sluggish manner over time.
Indian Prime Minister, Manmohan Singh, realizes the need for a second green
revolution in India because the first revolution did not benefit the whole of India but
mainly Punjab and Haryana. So for an agro-based economy, where 77% of the
population depend on agriculture, crop failure and related issues are severe. The
coming of second green revolution in India will reduce the abuses of the middlemen
and dominant ‘Mandis’. Moreover we witness large foreign investment in the
agricultural trade and export through joint ventures in India. A British company
FieldFresh and Indian business group Reliance have helped the Indian economy to
flourish by investing heavily in its agriculture sector. They have developed rural
centres for provision of inputs and for the handling of output on the farmers’ side.
Moreover, they have schematized better supply chains from production to export that
promise higher return to the farmers and lower prices for the consumers along with
high quality products. Their ultimate goal is to emerge as India’s top exporter. A big
name like Walmart is also planning to open its supermarkets in India.
PAKISTAN ECONOMY