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The Role of the World Bank in Indian Agri -Business

GCG Gascon Consulting Group. The Role of the World Bank in Indian Agri -Business . Presented by: April Gascon, Sabith Khan, McBride Nkhalamba, and Habib Sangar . WORLD BANK GOVERNANCE INDIA’S GROWING INFLUENCE COMPLIANCE WITH LENDING POLICY IMPLICATIONS FOR AGRI-BUSINESS.

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The Role of the World Bank in Indian Agri -Business

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  1. GCG Gascon Consulting Group The Role of the World Bank in Indian Agri-Business Presented by: April Gascon, Sabith Khan, McBride Nkhalamba, and Habib Sangar

  2. WORLD BANK GOVERNANCE INDIA’S GROWING INFLUENCE COMPLIANCE WITH LENDING POLICY IMPLICATIONS FOR AGRI-BUSINESS

  3. U.S. Influence & Governance of the WB

  4. Premise and Assertions • Perceptions that U.S. influence is exclusively self-interested and that the Bank is a foreign policy instrument for the U.S • Share of Global GDP is an informal voting weight in the World Bank • Perception s that World Bank lending policies are unilateral, and selectively appropriate • India is a growing Global Economic Power

  5. Trend Hypothesis for World Bank Compliance

  6. India’s GDP Trends • 1.3 billion the world's largest democracy • second most populous nation, after China. 5.7 percent annually during the 1990s 6.4 percent annually during 2000-08 • second fastest growing major economy in the world

  7. Projections for the Future http://www.clipsyndicate.com/video/playlist/1778/1697571?cpt=8&wpid=7072

  8. Bank Lending http://www.fin.gc.ca/bretwood/bretwd09_1-eng.asp

  9. Agriculture Marketing in India • Background; Challenges; Future prospects • Future Trading • Policy Framework

  10. Growth Trend Towards Agricultural Marketing • Definition : The Indian council of Agricultural Research defined involvement of three important functions, namely (a) assembling (concentration) (b) preparation for consumption (processing) and (c) distribution. • 1. To enable the primary producers to get the best possible returns, • 2. To provide facilities for lifting all produce, the farmers are willing, to sell at an incentive price, • 3. To reduce the price difference between the primary producer and ultimate consumer, and • ( Source : http://www.world-agriculture.com/agricultural_marketing/agricultural-marketing.php)

  11. Results– Agricultural policy in India • - Of the six states, only one state complied with the World Bank policies proposed under the………. •   The Bank’s 2008 report,11 India: Taking Agriculture to the Market, provided much of the insight and the analytical framework for new marketing regulations.

  12. Main Benefits of Future Trading • Manage price fluctuations • Risk Management • Access to new markets

  13. Possible Policy Options • Remain the same • Return to earlier practices • Expand list of agriculture products

  14. Final Recommendation • Reforms in internal governance, decentralization, human resources, transparency and voice. • The World Bank should promote future trading through their policies and lending practices to encourage agricultural exports

  15. Thank your for your attention.Questions?

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