
Falling productivity and high oil prices are likely to keep global food prices at elevated levels for another decade. The effective measure in the South Asian region will be a pro-poor and pro-agriculture approach with "coordinated and cohesive" policies and implementation. The global bank has already increased its South Asian commitment for agriculture to $ one billion from $ 300 million last year.
A substantial part of these funds will be diverted towards R&D to improve the farm productivity and developed high quality seeds.
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