the role of the world bank in indian agri -business
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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. - PowerPoint PPT PresentationTRANSCRIPT
The Role of the World Bank in Indian Agri-Business
Presented by: April Gascon, Sabith Khan, McBride Nkhalamba, and Habib Sangar
GCGGascon Consulting Group
WORLD BANK GOVERNANCE
INDIA’S GROWING INFLUENCE
COMPLIANCE WITH LENDING POLICY
IMPLICATIONS FOR AGRI-BUSINESS
U.S. Influence & Governance of the WB
U.S treasury Department U.S State Department Selection of President, Veto
Power
World Bank Presidency
Appointment of Directors
World Bank Board of Directors
Approval of Lending Policy
U.S Congress Appropriations
Committee Appropriations to IDA based on
proportional contributions Formula
Indian Agricultural Policy
Federal and State Level
Agri-Business Sub-sector
Contribution to GDP
U.S Lobby – civil society, industry, special interest
groups
Formal & Informal Influence
Policy Based Lending
Competitiveness, Market Share
Compliance
Premise and AssertionsPerceptions 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
Trend Hypothesis for World Bank Compliance
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
Projections for the Future
http://www.clipsyndicate.com/video/playlist/1778/1697571?cpt=8&wpid=7072
Bank Lendinghttp://www.fin.gc.ca/bretwood/bretwd09_1-eng.asp
Agriculture Marketing in India
Background; Challenges; Future prospects
Future Trading
Policy Framework
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)
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.
Main Benefits of Future Trading
Manage price fluctuations
Risk Management
Access to new markets
Possible Policy Options
Remain the same
Return to earlier practices Expand list of agriculture products
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
Thank your for your attention.
Questions?