News reports say that the government has decided to invest $1 billion in an ambitious national project to improve food security in India.
It is expected to produce an estimated 10 million tons of food annually by 2020, according to the Economic Times.
This would be a major undertaking, as India is already facing the greatest food crisis in its history.
In a country of 7.2 billion people, food is only just 2.7% of the GDP, according the Food and Agriculture Organization of the United Nations (FAO).
The vast majority of India’s food comes from rice and wheat.
The country is also facing severe water scarcity, with about 3.2 million people living in extreme poverty.
The project has been in the works for a while now, but is finally getting underway.
India is the world’s second-most populous nation and currently has an estimated 7.5 billion people.
The project would create 500 million rural households and 500 million urban households, according TOI.
It would also be an important part of a nationwide food security plan, which aims to feed at least 70% of India by 2020.
The government would also build a massive food distribution system and make it easier for farmers to farm in rural areas.
This would help India become a major food exporter and help ease its massive food import dependence.
“The project will be a vital part of the government’s effort to improve the quality of the food being grown in the country,” said the Economic Observer.
Read more about food security here.