As we have over half of the work force depending on agriculture, and as we have scope for increasing productivity in agriculture, there is no reason why we cannot ensure food security for our country, at a minimum. Indeed, India can become the “Annapoorna” for the world and I feel that Andhra Pradesh can become the “Annapoorna” for India.
The recently published minutes of the FOMC suggest that there has been consideration given to moderating the pace of quantitative easing, and there are fears that this could result in significant reversals of capital flows from emerging economies. However, we believe that for this reversal to occur will require a sustained improvement in the unemployment situation.