With the trade deal between India and the United States, known as the Knowledge Initiative on Agriculture (KIA), the Indian markets and agricultural policies are increasingly coming under the influence of transnational companies such as Monsanto, Archer Daniels Midland Company, a US grain purchaser and trader and is, with Cargill, one of the companies that maintains “oligopolistic control of the American food-manufacturing and food-processing markets”, and Wal-Mart, the world’s largest retailer.16 These three companies are members on the KIA Board, which implements the KIA. The Board has decided to focus initially on four core areas: agricultural education, food processing and marketing, biotechnology and water management.17 “The KIA is part of the US comprehensive strategy on revitalizing the bilateral relationship in agriculture with India,” said Susan Owens, director of the FAS Research and Scientific Exchanges Division. Owen stated: “We want to broaden the scope of the AKI (or KIA) beyond just research…We want to use the AKI (or KIA) to increase agricultural production in India….”18
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In many regions of the world, transnational corporations now have unprecedented control over food, and there is no coherent system of accountability to ensure that they do not abuse this power. Global food companies have become too powerful and are undermining the right to adequate food in developing countries.