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Inspiring story of a man who changed farmers' lives
August 29, 2008
For his part, Bhavarlal continues to have utopian dreams. He's working on a project to distribute low-cost filtered water to poor villages. His other obsession is renewable energy, for which he's devising a model that combines solar, wind and biogas.
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As for the core business, Jain foresees a dramatic increase in global food prices in the next three years. This, the patriarch predicts, will give agriculture its due place in the sun: "Our time has come."
By the Numbers
Farm Economics: The soil is still a bedrock of the Indian economy, but the nation is looking to boost output under tough conditions.
17.5%: Agricultural contribution to India's GDP, versus 11.7% in China.
4.5%: Growth rate of Indian agriculture in 2007-08, versus India's overall 9% GDP growth rate.
93 million tons: India's annual production of rice, its biggest crop.
$3 billion: Estimated size of India's drip irrigation market, 2008-12.
Sources: Economic Survey of India 2007–08; Ministry of Agriculture; UBS Securities India.
Image: A farmer sits on his parched paddy field during the drought that hit Tezpur in Assam in August 2006. | Photograph: STRDEL/AFP/Getty Images
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