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Agribusiness in South Asia: Current Status, Obstacles, and Policy Options
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Author(s): Md. Hashmi Sakib (EXIM Bank Agricultural University Bangladesh, Bangladesh), Md. Safiul Islam Afrad (Bangabandhu Sheikh Mujibur Rahman Agricultural University, Bangladesh), Ahmed Harun-Al-Rashid (Sylhet Agricultural University, Bangladesh)and A K M Golam Kausar (EXIM Bank Agricultural University Bangladesh, Bangladesh)
Copyright: 2021
Pages: 20
Source title:
Opportunities and Strategic Use of Agribusiness Information Systems
Source Author(s)/Editor(s): Ferdinand Ndifor Che (W3-Research, USA & APPC Research, Australia), Kenneth David Strang (W3-Research, USA & APPC Research, Australia)and Narasimha Rao Vajjhala (University of New York Tirana, Albania)
DOI: 10.4018/978-1-7998-4849-3.ch005
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Abstract
Agribusiness plays a key role in the sustainable economic development of rural poor by fulfilling daily needs. In South Asia, all the countries have a similar pattern of societies, resources, climates, practices, and people located close to each other. Crop cultivation, dairy production, fishery, and forestry are the main agribusiness sectors for trading agricultural produce in markets. In contrast, factors (i.e., global warming due to climate change, natural calamity, environmental pollution, unsafe foodstuff, labor unavailability, marketing limitations, and financial crisis) are responsible for a serious fatal to agribusiness activities. Unless we uproot challenges, agribusiness cannot contribute effectively to the economy of developing nations in South Asia. Thus, future strategies may be standing on contemporary scientific research approaches on crop science, restoring resources, controlling food quality, introducing modern types of machinery, best marketing practices, and inclusive financing.
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