Risk Mitigation in Agriculture
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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)

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Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

Risk Mitigation in Agriculture

IKP Centre for Advancement

in Agricultural Practice

(ICAAP)

Arvind Chandrasekar

11 August 2009


Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

What is ‘risk’?

Oxford English Dictionary

1. a situation involving exposure to

danger

2. the possibility that something

unpleasant will happen


Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

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


Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

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


  • Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

    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


    Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

    ICAAP: Overview

    • Core components

      • Agricultural knowledge management initiative

      • Agribusiness and food technology incubator


    Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

    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


    Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

    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


    Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

    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


    Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

    Location of project area


    Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

    Future work and collaborations

    • IFPRI

    • TNAU

    • ANGRAU / MANAGE / NAARM

    • PAU

    • Cornell


    Risk mitigation in agriculture ikp centre for advancement in agricultural practice icaap

    Thank you!


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