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Risk Mitigation in Agriculture IKP Centre for Advancement in Agricultural Practice (ICAAP) Arvind Chandrasekar 11 August 2009. What is ‘risk’?. Oxford English Dictionary. 1. a situation involving exposure to danger 2. the possibility that something unpleasant will happen.

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Risk Mitigation in Agriculture

IKP Centre for Advancement

in Agricultural Practice

(ICAAP)

Arvind Chandrasekar

11 August 2009


What is ‘risk’?

Oxford English Dictionary

1. a situation involving exposure to

danger

2. the possibility that something

unpleasant will happen


Risk in agriculture

  • Broad classification

  • Regulatory risks: changes in regulations and

  • policies, political risks

  • Price risks: market risks, price fluctuations;

  • support prices, futures markets

  • Production risks: environmental and climatic

  • risks


Mitigating production risks

  • Ex ante strategies: minimizing risk exposure

    • Knowledge dissemination – agricultural extension services, pest management, cropping patterns, changes in seeds, adaptation to climate change

  • Ex post strategies: coping with shocks

    • Disaster assistance, migration, labor re-allocation


  • ICAAP: Overview

    Mission:

    To deliver sustainable increases in the incomes of small and marginal farmers in India through advancements in agricultural practice

    Vision:

    To serves as a resource centre for knowledge aggregation and dissemination for high value horticultural crops and to be a unique institute providing state of the art tools and techniques for developments in food processing and post harvest technologies


    ICAAP: Overview

    • Core components

      • Agricultural knowledge management initiative

      • Agribusiness and food technology incubator


    ICAAP: Overview

    • Agricultural knowledge management initiative

    • Crop-specific knowledge acquisition

    • Knowledge management in customizable format

    • Knowledge provision for specific queries

    • Repository of good agricultural practices

    • Repository of innovations in agricultural practices


    ICAAP: Overview

    • Agribusiness and food technology incubator

    • Technical expertise in food product and process development

    • Infrastructure and equipment for food product and process

    • development

    • Laboratory facilities for safety and quality assurance

    • Linkage between farmer-processor-market

    • Facilitate access to capital for process scale up


    Current projects

    • Knowledge dissemination to improve the livelihoods of mango farmers in Shenkottai and Tenkasi, Tamil Nadu

      • Better price realization: connection with Big Bazaar

      • Workshop on good agricultural practices

      • Processing capabilities



    Future work and collaborations

    • IFPRI

    • TNAU

    • ANGRAU / MANAGE / NAARM

    • PAU

    • Cornell



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