Addressing the US Indo-Pacific Chiefs of Defense (CHOD) conference in Fiji on Wednesday, US Agency for International Development (USAID) Administrator Samantha Power said that investment in one country often benefits other countries.
Washington. India has come a long way from receiving aid from the US for its food security needs to now being an exporting nation and taking its remarkable development progress to countries across borders, a top US diplomat has said. Is. Addressing the US Indo-Pacific Chiefs of Defense (CHOD) conference in Fiji on Wednesday, US Agency for International Development (USAID) Administrator Samantha Power said that investment in one country often benefits other countries. He appreciated India’s efforts to help other countries.
He said, “If we invest in one country, it often benefits other countries as well. Take food security only. Beginning in the 1960s in India, we worked closely with scientists and local farmers to develop high-yielding, durable seeds.” “Over the next two decades, these seeds could increase India’s rice production by 50 percent,” Power said. percent increase and wheat production increased by 230 percent. This helped end the cycle of recurring famines and start the Green Revolution, which boosted agricultural yields in other parts of the world.
He said that India has come a long way from getting help from the US for its food grain requirements to now exporting grains to other countries. “Now India is expanding its efforts to take its development progress beyond its borders to other countries,” Power said. India is the world’s largest rice exporter and will account for nearly 40 percent of global rice trade in 2022. It was from India that exported 22 million tonnes of rice to 140 countries worth $9.66 billion. The Indian government on July 20 banned the export of non-basmati white rice to shore up its domestic supply and keep retail prices in check during the upcoming festival season.
This type of rice accounts for about 25 per cent of the total rice exported from the country. Power said the US has deepened its commitment to security in the strategic Indo-Pacific region and is expanding its investments. The US, India and several other world powers are discussing the need to ensure a free, open and prosperous Indo-Pacific in the backdrop of China’s growing military might in the region vital to global trade.
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