Brazil Current Affairs

India’s genetically modified crop area fifth largest in world: Report

According to the International Service for the Acquisition of Agri-Biotech Applications (ISAAA) latest ‘Global Status of Commercialized Biotech/ GM Crops in 2017’ report, India with 11.4 million hectares (mh) has world’s fifth largest area cultivated under genetically modified (GM) crops in 2017.  India’s entire GM crop area is under single crop BT Cotton incorporating genes from Bacillus thuringiensis or Bt soil bacterium coding for resistance against heliothis bollworm insect pests.

Key Highlights of report

United States has highest area under transgenic crops, at 75 mh. It is followed by Brazil (50.2 mh), Argentina’s (23.6 mh) and Canada (13.1 mh). In 2017, farmers across the world have planted 189.8 mh under transgenic crops. This is as against 1.7 mh in 1996, the year when transgenic crops were grown commercially for the first time.
The highest share in world’s total 189.8 mh GM crop area in 2017 is of soyabean (94.1 mh), followed by maize (59.7 mh), cotton (24.1 mh), canola (10.2 mh), alfalfa (1.2 mh) and sugar-beet (0.50 mh). The GM traits of these crops (due to introduction of alien genes into host plants) included both insect-resistance and tolerance for application of glyphosate herbicide.

Month: Categories: India Current Affairs 2018

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India, Brazil, South Africa sign IBSA Trust Fund agreement

India, Brazil and South Africa (IBSA) have signed the IBSA Trust Fund Agreement that seeks to fight poverty in developing countries. It was signed at the 8th IBSA trilateral Ministerial Commission Meeting in Durban, South Africa.

IBSA Trust Fund

It brings together the three emerging economies of India, Brazil and South Africa to combat poverty in other developing countries. Each country will contribute US $1 million annually to this fund which is managed by the UN Development Programme’s (UNDP) Special Unit for South-South Cooperation.

IBSA Dialogue Forum

The IBSA (India, Brazil and South Africa) Dialogue Forum is an international tripartite grouping for promoting international cooperation among these countries. It was launched in June 2003. It brings together three large democracies and major economies from three different continents namely, Africa, Asia and South America that represents three important poles for galvanizing South-South cooperation.

The forum provides the three countries platform to engage in discussions for cooperation in the field of agriculture, trade, culture, and defence among others. It has become instrumental for promoting closer coordination on global issues between three large multicultural and multiracial democracies and also contributed to enhancing trilateral cooperation in sectoral areas.

Cooperation in IBSA is on three fronts

  • Forum for consultation and coordination on global and regional political issues, such as reform of global institutions of political and economic governance, WTO/Doha Development Agenda, climate change, terrorism etc.
  • Trilateral collaboration on concrete areas and projects, through 14 working groups and 6 People-to-People (P2P) Forums, for the common benefit of three countries
  • Assisting other developing countries by taking up projects in the latter through IBSA Fund.

Month: Categories: India Current Affairs 2018

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