January 3, 2012

India needs to focus more on its agriculture sector, and to improve productivity in the sector it has to use finance as the tool, as desired by the Reserve Bank of India (RBI).

According to Dr K C Chakrabarty Deputy Governor RBI green revolution paved the way for food security in India. However no major technological breakthrough has emerged since then and with the need of higher productivity growing a second green revolution is inevitable. However to cater to food security and food safety net, India needs bigger investments in agriculture. India needs to invest more on agriculture and its allied sectors cereals pulses oilseeds vegetables poultry meat fish and milk to improve production and cater the growing population of the country and also to ensure food security for future.

India's food grain production has risen to record high of 241.56 million tonnes in 2010-11 as against 218 million tonnes in 2009-10 and has fixed the total food grain output target for 2011-12 at 245 million tonnes.