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Indians buying large farmlands abroad

As Narendra Modi completes his first year in office, his most bruising political battle has been over the land acquisition law, which seeks to facilitate purchase of agricultural land by industry. The assumption behind the proposed law is that India already has enough land for farming and the need of the hour is more industry.

Paradoxically, in spite of this purported glut of agricultural land at home, Indians are major buyers of farms abroad, mainly in Africa.

A map created by researchers at Lund University in Sweden shows which countries are buying or leasing land in other nations. The grey end of the scale represents an “importer” or a country buying land in another nation, while its red end represents an “exporter” of land or a country selling its land to foreign buyers. The size of the bubble represents the number of nations a country is trading with.

As expected, Africa is dotted with red and orange bubbles, given that it has been selling and leasing large amounts of its land. The largest bubble figures on the eastern African nation of Ethiopia, where both China and India have been actively buying up land. Brazil and Australia too have large orange bubbles. But unlike Africa, they aren’t selling land due to poverty, but because they have large swathes of land that their small populations aren’t using.

Most of the grey bubbles are – again expectedly – over the developed countries of Europe and the United States, with a particularly large one over Singapore. China has the largest bubble on the map, which means it has the most trading partners. India’s green bubble – meaning it buys land – is one of the biggest on the map.

Click here to read more at scroll.in.
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