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RICE CONSUMPTION IN THE ASIAN COUNTIES AND THE WORLD IN 2050 Presented By SAMEER S SHET MBA, Hull University, England Ex- Citi , KPMG. Importance of Rice. Staple diet for nearly half of world’s 7 billion people Nearly 90% consumed in Asia. Rice Consumption Estimates in Future.
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RICE CONSUMPTION IN THE ASIAN COUNTIES AND THE WORLD IN 2050 Presented By SAMEER S SHET MBA, Hull University, England Ex-Citi, KPMG
Importance of Rice • Staple diet for nearly half of world’s 7 billion people • Nearly 90% consumed in Asia
Rice Consumption Estimates in Future • Factors Influencing this Estimation • Population • Crop (Rice) Yield • Rice per Capita Consumption • Population Estimate in 2050 ~ 9.6 billion from 7.5 billion in mid 2013 (Source:- United Nations, DESA)
Arable Land in 2005 and in 2050 1200 1066 1031 1000 874 Suitable for rainfed crop production 800 Arable land use, 2005 million ha Arable land use, 2050 600 497 366 400 387 220 265 200 237 236 99 212 203 86 0 Latin America Sub-Saharan East Asia South Asia Near Industrialized Transition and Africa East/North countries Economies Caribbean Africa Source:- Global Perspective Studies Unit, FAO
Rice Yields Growth Past 20 Years • Growth rate of 1.0% vs reqd. ~2.4% Source:- Ray et al (2013)
Country with Highest Rice Yield Production? • What is your pick? • ISRAEL • USA • JAPAN • INDIA • CHINA • NOTA
The Record Holder Is INDIA • BIHAR Feb 2013, 22.4 tons per hectare • TAMIL NADU May 2014, 24 tons per hectare Source:- The Guardian (May 2014)
Technology Incorporated • System Rice Intensification (SRI) • Genetic Modified Crops • Herbicide, Fertilizers Raising Seedlings in a Box • Objectives of SRI • Better Nursery Management • Effective Seed Bed Preparation • Practice of Hand Weeding
Estimation of Per Capita Rice Consumption • UN (FAO) and USDA estimates per capita consumption in India and China to reduce gradually by 2050 • Seck et al. (2012) predict increase in consumption in LATAM and Africa to push the global aggregate rice demand
Indian Agri Sector and Solutions • Average Cropped Area Affected • Floods (3.7 million hectares) • Drought (Potential to affect 52 to 54%) • Affordable Irrigation (Finance) • National River Linking Project • 12 large and around 4,000 small/big rivers • Successful Models • Indira Gandhi Canal (Punjab, Rajasthan) • SardarSarovar Project (Gujarat (Kutch)) Source:- ISRO Disaster Management Support Centre
Key Challenges in India • Decreasing Land Holding • Irrigation and Water Resources • Enhancing Agri Productivity • Lack of Crop Focused Training and Technology
Solutions - Production • Contract Farming under PPP Model • Contract Farming in Africa • Providing Aid • Rupee Trade Agreement (Indo-Iran Model) Source:- India Brand Equity Foundation, Agriculture, Aug 2013
How To Increase Rice Yield • Awareness on SRI • Promotion of Hybrid Rice Varieties • Investments in Agri R&D • Hike in the Budget of Central Rice Research Institute, Odisha
Post Harvest Storage • Losses Due to Poor Storage Facilities • India - ASSOCHAM estimates 25-30% wastage of grains • China losses 6 to 8.6% food grains Storage Capability:- 150 to 200 million MT of grains (30-40% of total production)
State Wise Position of Storage Capacity vis-à-vis the requisite 120 days (CAG - FCI Audit 2012-13)
Focus Points Technology SRI Promotion Storage Facilities Contract Farming
Thank You shet.sameer@gmail.com