Australia to give grant for regional rural project

Published February 18, 2020
The Economic Affairs Division and Australian Centre for International Agricultural Research (ACIAR) signed an agreement of 1.2 million Australian dollars for rural regional transformation project covering Pakistan, Bangladesh, China and Indonesia on Monday, according to a press release.
— File
The Economic Affairs Division and Australian Centre for International Agricultural Research (ACIAR) signed an agreement of 1.2 million Australian dollars for rural regional transformation project covering Pakistan, Bangladesh, China and Indonesia on Monday, according to a press release. — File

ISLAMABAD: The Economic Affairs Division and Australian Centre for International Agricultural Research (ACIAR) signed an agreement of 1.2 million Australian dollars for rural regional transformation project covering Pakistan, Bangladesh, China and Indonesia on Monday, according to a press release.

Acting Secretary Economic Affairs Division Ahmad Hanif Orakzai and Chief Executive Officer ACIAR Prof Andrew Campbell signed the subsidiary agreement on “understanding the drivers of successful and inclusive rural regional transformation and sharing experience and policy advice” on behalf of their respective governments.

The programme, to be completed in three years till 2022, is aimed at to understand the nature, divers and consequences of rural transformation in Bangladesh, China, Indonesia and Pakistan, stated the press release.

Rural transformation is the process by which an agricultural system transforms over time from being subsistence to commercialised and market-oriented farming. Many countries have reached different stages of rural transformation with varying speeds and outcomes of rural transformation.

The share of the population in rural areas remains high in China (43 per cent) and Indonesia (46 per cent) and even higher in Pakistan (61 per cent) and Bangladesh (65 per cent), while the average share for developing countries globally is 58 per cent.

However, expanding urbanisation is putting pressure on land, labour and other resources for higher productivity. The project will examine the Chinese model of rural transformation and understand the nature of its success and lessons for countries with similar challenges.

Published in Dawn, February 18th, 2020

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Hard habits
Updated 30 Mar, 2025

Hard habits

Their job is to ensure that social pressures do not build to the point where problems like militancy and terrorism become a national headache.
Dreams of gold
30 Mar, 2025

Dreams of gold

PROSPECTS of the Reko Diq project taking off soon seem to have brightened lately following the completion of the...
No invitation
30 Mar, 2025

No invitation

FOR all of Pakistan’s hockey struggles, including their failure to qualify for the Olympics and World Cup as well...
New CEC?
Updated 29 Mar, 2025

New CEC?

The ruling parties should avoid getting involved in another controversy around the ECP.
Balochistan violence
Updated 29 Mar, 2025

Balochistan violence

How long can the state allow this unending cycle of violence in Balochistan to continue?
Turkiye protests
29 Mar, 2025

Turkiye protests

DAILY protests have continued in Turkiye since the arrest of Istanbul Mayor Ekrem Imamoglu on March 19. While the...