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IFAD Chief Highlights Rainfall Risks Facing India’s Rural Economy

IFAD Chief Highlights Rainfall Risks Facing India’s Rural Economy
Rain dependence poses key challenge to India's rural economy: UN Official · thehindubusinessline.com

India grows a lot of food and can produce enough of many crops.

But many farms depend on rain, so poor rainfall can make life harder for farmers.

Managing and accessing water is another challenge.

IFAD leader Alvaro Lario says food security also means making healthy food affordable.

The article says many people in India could not afford a healthy diet in 2024.

IFAD has supported rural projects in India for nearly 50 years.

Its new plan aims to help about 3 million rural households prepare for climate and economic problems.

IFAD is also supporting rural livelihoods in India’s Northeast, including an organic spice-processing facility in Meghalaya.

Key facts

Rain-fed share of net sown area
Nearly 60%
Food produced by rain-fed agriculture
Approximately 40% of India’s total food production
Population unable to afford a healthy diet
40.4% in 2024, according to the UN Food and Agriculture Organization
IFAD investment in India
Nearly $1.5 billion across 37 projects
Rural households reached
More than 6 million through IFAD’s investments
New India strategy
2026–2033; aims to reach around 3 million rural households, or 13.2 million people
Meghalaya spice facility
Annual processing capacity above 10,000 metric tonnes; works with around 5,500 farmers

Quotes

Alvaro Lario

President of the International Fund for Agricultural Development (IFAD).

“In the case of India, it has become self-sufficient in a lot of different crops, and I think that also makes it much more resilient. However, access to water and water management is a big issue, generally, because of the dependence on rain-fed agriculture.”
thehindubusinessline.com
“The result is that they earn more, and that a failed monsoon or a price shock no longer pushes them back into poverty.”
thehindubusinessline.com

Sources

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