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Both the World Bank and the CIA World Fact Book rank India’s economy fourth worldwide. A country’s gross domestic product is a good indicator of the standard of living within that country. Among India’s economical make-up, agriculture plays an important role in the fabric of society.
With a population of 1,189,172, 186 and counting, one of the biggest challenges for the Indian agricultural industry is the population grows faster than farm production. The CIA World Fact Book lists India as the second most populated country in the world. Food items such as rice and wheat rise demand to keep up with the population boom. For many years, India has been an autarky, or self-sufficient economy. But since the 1990, it continues to develop an open-market policy. Agricultural output for India ranks second among the world economies.
Agricultural policy is focused on improving self efficiency of food production to combat hunger issues. India is among the world’s highest producers of rice, cow milk, sugar cane, buffalo milk and wheat. The Sugarcane Breeding Institute of Coimbatore, India was established in 1912 to improve sugarcane production. It is one of the oldest crop research institutes worldwide. Indian stock of the sweet crop is used in 26 other countries across the globe.
The institution is now conducting a research project to help the about 35 million farmers who cultivate and rely on the crop. The project is focused on creating a website where information can be shared easily. It’s main goals are to aid farmers and support sugarcane reasearch.