Author
Abstract
Agrifood systems are vital for the achievement of 2030 Kunming-Montreal Global Biodiversity Framework (KM-GBF) and the National Biodiversity Strategy and Action Plan (NBSAP) Targets 2030, particularly Target 18 "Repurpose detrimental incentives for biodiversity". This report inform about the general linkages between agrifood incentives and their potential adverse effects on the agrobiodiversity. The report synthesizes, calculates, and assesses the extent and impact of Agrifood Budgetary Support (AFBS) provided at the national and state (Punjab, Madhya Pradesh and Telangana) levels. India's AFBS increased from ₹ 355 billion to ₹6328 billion per annum between FY01 to FY25. In TE 2024, it was ₹ 7076 billion, which is 17.3 per cent of the total budget expenditure and 2.7 per cent of the country's GDP. As this report demonstrates that the unconditional subsidies linked to the inputs can lead to negative environmental and biodiversity outcomes. Of the total AFBS, 28 per cent of the support was found to be detrimental to biodiversity. Instead of incentivizing biodiversity harmful practices, India should assess options to repurpose subsidy policies to neutralize their effects on biodiversity. This is also critical to the resource mobilization to implement the KM-GBF.
Suggested Citation
Reena Singh & Purvi Thangaraj & Ashok Gulati, 2025.
"Repurposing Agrifood Policies for Biodiversity,"
Indian Council for Research on International Economic Relations (ICRIER) Report
25-r-17, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.
Handle:
RePEc:bdc:report:25-r-17
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