EmbrapaThe Engine Behind Brazil's Miracle,R$ 1(Indian rupee 17.20) invested in Embrapa generates an average return of R$ 13.20(Indian rupee 227) for the Brazilian society .Embrapa has transformed Brazil into a world largest agricultural exporter, Exporter worth approx $120 Billion(over Rs 9 lakh crore).
EMBRAPA is a state-owned agricultural research corporation like The Indian Agricultural Research Institute (IARI ,founded 1905 ).EMBRAPA was founded on April 26, 1973 under the Brazilian Ministry of Agriculture, Livestock, and Food Supply.
EMBRAPA have played a central role in the development and expansion of Brazilian agriculture in the last 47 years. Motto to "develop research, development and innovation solutions for the sustainability of agriculture, for the benefit of Brazilian society".
This national research corporation transformed Brazil from a food importer to one of the world’s largest agricultural producers and world largest grain exporter... Brazil accounting for 10% of global Agricultural export.
Current Brazil's agricultural and food exports worth approx $120 billion...major players-soybe export worth $20Bn,sugarcane $11Bn, coffee $5Bn,Orange juice $2.5Bn etc.
According to Embrapa, which receives most of its funding from the federal government, every R$ 1 invested in Embrapa generates an average return of R$ 13.20 for the Brazilian society.Embrapa reaches R$ 37 billion in social profits in 2017.
I would Like to add Agriculture the main driving force of Brazilian economy.Agl. represents 22% of Brazil's GDP, 1/3 of all employment and almost 50% of exports.
The GDP per capita of Brazil was $ 800 (year1973), $3700 (2000),$13200( 2011) and $10,000 (2017)... projected to trend around $12,000 in 2020.
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Reference -
R$ =Brazilian real=R$1 = ₹17.2(indian rupee )
1.Embrapa reaches R$ 37 billion in social profits in 2017 — Brazil
24-Apr-2018 · www.brazil.gov.br › news › 2018/04 ›
2. www.brics-info.org › role-of-agriculture-...
Role of agriculture sector in Brazil's economy – BRICS Information ...
Agriculture sector, inter alia, with major contribution in Brazil's economy brings ... that “every R$ 1 invested in Embrapa generates an average return of R$ 13.20
3. www.fao.org › agronoticias › detail
Agricultural exports from Brazil increase in 2017 and reach $ 96,000 million | Agronoticias: Agriculture News from Latin America and the Caribbean ...
22-Jan-2018
