The BBC recently conducted an interview with Pradeep Agrawal from the Institute of Economic Growth regarding India’s 12th five-year plan, which will go into action next year.
With rising food demand in India as a result of rising income levels, Agrawal states that the government needs to prioritize the agriculture sector. He says in the past year, India’s Government have not contained food inflation because they allowed exports of food at the wrong time and provided little investment in the Agriculture sector.
Agrawal suggests that the government needs to make investments in things like irrigation, warehousing for fresh produce and better transportation and allow freer imports of manufactured products to supplement the increased demand. He states that there should be a focused and specific agriculture minister to drive this forward. If this does take place, the increased importing and exporting will favor India’s economy.
Impact on job market in India
This will increase the number of jobs available in India within this sector including importing and, if there is an investment in agriculture, exporting also. The new role of agriculture minister could be filled from within the industry itself and a number of talented executives will be needed to oversee dramatic increases in production in the private sector. This increase in agricultural executive positions in India will be matched by new opportunities in import/export.
Although the above opportunities for executive hiring in India appear to depend on the government’s actions, there is still a space for talented entrepreneurial executives to provide answers to some of these problems through smart private initiatives.
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This article was written by Bella Barda, Emerging Markets Assistant from the Association of Executive Search Consultants (AESC).
BlueSteps is the exclusive service of the AESC that puts senior executives on the radar screen of over 6,000 executive search professionals in over 70 countries. Be visible, and be considered for up to 50,000 opportunities handled by AESC search firms every year. Find out more at www.BlueSteps.com.
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