India’s organic food market to treble in four years – Feedback

The market for organic food in this country is likely to treble in the next four years, according to a report from business chamber Assocham and TechSci Research, a non-government body.

It estimates the current market (pulses and foodgrain the bulk) at $500 million (about Rs 3,350 crore). It was $360 million (Rs 2,400 crore) in 2014, says the study. However, the study points to various challenges in sustaining such growth, “due to lack of government support, the courage (needed) to convert inorganic land into organic land, and absence of globally recognised consultancy for timely guidance to farmers. Thus, huge support from states and the Centre is required”, said D S Rawat, secretary-general, Assocham. Attempts by many state governments to promote organic farming have not yielded the desired results, it says. The current certified area under organic farming in Punjab, for instance, is estimated at no more than 2,000 acres. And, there are critics.

http://www.business-standard.com/article/economy-policy/india-s-organic-food-market-to-treble-in-four-years-116051600098_1.html

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