Wednesday, Mar 21 2018 | Time 16:29 Hrs(IST)
image image
  • News about party engaging with Cambridge Analytica absolutely false: Cong
  • 738 recruits join CRPF
  • Ravi Shankar Prasad questions Cong links with Cambridge Analytica, warns FB
  • Pope announces Dublin visit in August, no Northern Ireland stop
  • Tension prevails in Phagwara as miscreants damage flexes having pictures of Dr B R Ambedkar
  • Iruptu Falls Plate (Div-II) 1400 M
  • Parties urge Monitoring Committee to stop sealing till SC’s judgement
  • Organic packaged food market to cross 871 mn by 2021: Study
  • Spain's prosecutor seeks 5-year jail for Xavi Alonso on tax fraud
  • SP confident of MLAs being intact during RS polls in UP
  • Third accused in anti national sloganeering in Araria surrenders before court
  • In India, digital gold sellers hope trickle will become a rush
  • North Korean, South Korean and U S delegates had "constructive" meeting, says host Finland
  • Boko Haram free scores of abducted Nigerian schoolgirls, holds one - witnesses
  • H-1B visa application starts from April 2; premium processing suspended
India Share

ICFA bags Zambia land deal for agriculture

ICFA bags Zambia land deal for agriculture

New Delhi, Jul 31 (UNI) The Indian Council of Food and Agriculture (ICFA) has signed an agreement with the Ministry of Defence, Republic of Zambia, wherein the African country will offer 5,00,000 hectares in each of its 10 provinces on 99 years of lease to the former. The ICFA will be developing agricultural projects on the land provided in collaboration with Indian companies and institutions. In the first stage, ICFA will be doing pilot at 10,000 hectares of land in Shibuyunji District near Lusaka, the Zambian capital. According to M J Khan, Chairman ICFA, there are tremendous business opportunities in agriculture and animal husbandry, particularly agro-processing, Livestock and Fisheries, Floriculture in Zambia. In the current context, livestock production and bovine meat is a big opportunity in Zambia, given the strong market for the same in gulf region. This investment in agriculture can secure food for Zambian people and also boost agribusiness opportunities and agro-food trade for Indian companies and entrepreneurs. The investors can also export the agriculture produce to other neighbouring African countries and Middle East, Dr Khan said, adding that Zambian government is committed to offer investor friendly environment to carry out business. He said this is first time that the Defence ministry of any country has offered land blocks under its control to any foreign organisation. ICFA Director General Alok Sinha, who visited Lusaka to finalise the deal, said since this particular project has been offered by the Permanent Secretary of Presidential Affairs through the Defence ministry, which has been made the nodal body, there will be virtually no road blocks and hiccups, as is generally observed in many African country deals, and it will be a time-bound initiative. 'We are in process of shortlisting the prospective investors, farmers, agro-enterprenurs and Indian institutions, who are willing to join hands with ICFA and invest in Africa. 'Investors will be shortlisted on first come first served basis. ICFA will select partners from each vertical for this prestigious pilot project, considering the professionalism and track record of respective organisations, Mr Sinha said. For feasibility study and project facilitation, ICFA has already enrolled the International Agriculture Consulting Group (IACG) and the Falcon International Consultants, UAE ( FIC ), who have done preliminary survey of the project site. The deal will be jointly executed by these two agencies on behalf of the ICFA. The Zamibian Ministry of Defense and ICFA will be jointly responsible to commercialise the land provided and exploit it to its full potential, using relevant expertise. UNI RJ AD

More News

Ravi Shankar Prasad questions Cong links with Cambridge Analytica, warns FB

21 Mar 2018 | 4:20 PM

New Delhi, Mar 21 (UNI) Close on the heels of Facebook facing the heat over the role of data-mining firm Cambridge Analytica and harvesting of information through undesirable means, the Union IT and Law Minister Ravi Shankar Prasad on Wednesday warned against the abuse of technology and cautioned that if necessary Marc Zunckerberg can also be summoned in India.

 Sharesee more..
AG to SC: Proper security measures taken to ensure data safety

AG to SC: Proper security measures taken to ensure data safety

21 Mar 2018 | 4:10 PM

New Delhi, Mar 21 (UNI) Attorney General (AG), top law officer representing the central government, on Wednesday told the Supreme Court's five-judge constitution bench that proper security measures were taken to ensure that data were not leaked out in any form from the data centres.

 Sharesee more..

Parties urge Monitoring Committee to stop sealing till SC’s judgement

21 Mar 2018 | 4:09 PM

New Delhi, Mar 21 (UNI) Representatives of the COngress, the BJP and the Aam Aadmi party, led by Delhi Chief Minister Arvind Kejriwal, on Wednesday urged the Supreme court led monitoring committee to stop sealing till the apex court judgement on the issue.

 Sharesee more..

21 Mar 2018 | 4:07 PM

Meanwhile, Mr Kejriwal claimed that the LG rejected the Delhi Cabinet's decision to suspend operation of POS machines.

 Sharesee more..
President, PM wish people on Parsi New Year's Day

President, PM wish people on Parsi New Year's Day

21 Mar 2018 | 4:04 PM

New Delhi, Mar 21 (UNI) President Ram Nath Kovind and Prime Minister Narendra Modi on Wednesday greeted the Parsi community on their New Year's Day - Navroz.

 Sharesee more..