The Green Revolution
The Green Revolution refers to the transformation of agriculture that began in 1943 in the developing world, and led in some places to significant increases in agricultural production between the 1940s and 1960s. The Green Revolution has had major social and ecological impacts.
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Throughout the 1960s and 1970s there occurred a “Green Revolution” in which scientists, through selective plant breeding, developed highyielding varieties of key food crops, especially wheat, rice, and corn. Relying substantially on these varieties, India for several years in the 1970s was able to feed its population of almost 1 billion, and still have grain left over for export.
Indian Finance Minister P. Chidambaram tabled the Economic survey 2007-08 in the Lok Sabha . Here are the highlights of the survey.
Economic survey 2007-08 highlights
- India needs second green revolution.
- GDP projected to grow 8.7 % in 2007-08, against 9.6% a year ago.
- Fiscal deficit to be kept below 3 percent in 2008-09.