G. Chandrashekhar is an Independent Director on the Agriwise Board. He is an economist with passion for analyzing agriculture, agribusiness and commodity markets (including metals and energy products) as also international trade and developmental issues. He is M.A. (Economics) and LL.M. (Constitution & Administrative Law), Bombay University.
Apart from writing for India’s most credible business daily (The Hindu Business Line) and providing policy inputs for the government, he has been speaking regularly at national and international conferences on a range of topics including Indian macro-economy, food and nutrition security, role of technology in agriculture, agri-infrastructure, commodities market outlook and so on.
Mr. Chandrashekhar has held and continues to hold many public positions. Currently, he is Economic Advisor, Indian Merchants’ Chamber and Director, IMC-Economic Research and Training Foundation. He is associated with several educational institutions. He is on the Managing Committee of S. K. Somaiya College of Arts, Science and Commerce (Mumbai) as also visiting faculty in many educational institutions (Great Lakes Institute of Management Studies, Chennai, VM Institute of Cooperative Management, Pune). He is Honorary Advisor to select trade associations including India Pulses and Grains Association and All India Liquid Bulk Import Export Association. He has been part of several government appointed committees and is closely associated with international bodies including Global Pulse Confederation (Dubai), US Soybean Export Council (USA), Saskatchewan Pulse Growers Association, McGill Centre for Convergence of Health and Economics (Canada), ICRISAT and so on. He has been a ‘Resource Person’ for U.S. Department of Agriculture, Foreign Agriculture Service (FAS-USDA), New Delhi for over 30 years.
At the initiative of the Union Ministry of Food and Consumer Affairs, since 2011, Mr. Chandrashekhar has been spearheading a nationwide campaign to educate stakeholders about commodity price risk management. He was Consultant to World Bank for the World Bank-Government of India (ICAR) joint project – National Agricultural Innovation Project. He was coordinator of two international workshops sponsored by World Bank-UNCTAD and the Government of India on commodity futures trading, and wrote two reports for the government including one on Structured Financing and Warehouse Receipts System in 1998 and 1999. He was independent Director (public nominee representing the Government of India) on the Board of Directors of a few commodity exchanges.
As an analyst, Mr. Chandrashekhar systematically tracks, interprets and comments on economic developments in general and commodities sector in particular, covering agriculture, metals and energy. He closely follows the agriculture biotechnology sector. He was the only non-scientist in the Indian government’s first official delegation of scientists that visited USA in May 1998 to study agbiotech for the first time.
In 2003, for the first time in the country, Mr. Chandrashekhar conceptualized, designed and conducted training program for stockbrokers, commercial banks and trading houses to enter commodity derivatives market. He has been the lead faculty for this program under auspices of BSE Training Institute. He delivers lectures at several reputed institutions and B-Schools across the country.
The Indian agriculture market is estimated to be worth INR 18,367 billion (2019) Currently, India ranks within the world’s five largest producers of over 80% of agricultural items, including many cash crops Easy availability of credit is a major driver of the Indian agriculture industry Many farmers and agribusinesses do not have access to timely and suitable credit leading to lower production...
The agriculture sector contributes significantly to the Indian economy in terms of revenue and employment It makes for around 16% of the Indian GDP and 4149 percent of the workforce employment But farming and related commercial activities are tough It requires labour, supplies, land, and equipment It also faces risks like vagaries of weather, shrinking farm sizes and pest infestation Limited...