World Bank Group Highlights Potential for Job Creation in South Asia's Agriculture Sector
The World Bank Group, in collaboration with the Ministry of Food Processing Industries of India, has emphasized the potential for significant job creation in South Asia's agriculture sector. During a high-level policy dialogue in Ahmedabad, the World Bank Group noted that agriculture employs about 43% of the South Asian workforce but contributes only 16% to the region's GDP. The sector, valued at over USD 700 billion, faces challenges such as food loss and waste, with more than 30% of food produced being lost annually. The World Bank Group suggests that transforming food systems beyond farming, including food processing, storage, and logistics, could unlock substantial opportunities for employment and economic growth. The initiative aims to reduce food losses, increase farmers' incomes, and create millions of productive jobs. 
