Monday, December 22, 2008

Commodity Future, Prahalad and water infrastructure

1. Do farmers really benefit from commodity future market. They may not do so directly but indirectly they get affected as brought forward by this article. The author also gives example of Mondragon Cooperatives of Spain to put emphasis on his point.

2. C.K. Prahalad discusses on opportunities in agriculture - "Till now the focus has been on pre-harvest elements like fertilisers and pesticides. But India has serious post-harvest issues of wastage, poor preservation of perishable products and inadequate access to markets. Companies like ITC, Amul, Reliance and Bharti are investing to address these issues. And it is benefiting farmers. Amul does not waste anything. You can do something similar in products as varied as shrimp, arecanut, coconut. But you can't simply replicate the Amul model, you will need to build separate structures."

3. Something that we need to do in India as well - implementation of integrated water, agriculture and energy programmes to enhance sustainable development.

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