IBEF: July 09, 2019
The government intends to encourage agri-entrepreneurs to give momentum to farming in the country.
Agriculture department stated that agriculture is not less than any industry and farmers can be consider as an entrepreneur. To promote sustainable growth, new ideas must be introduced, and youth must be encouraged to take part in one of the oldest professions.
This spirit is also seen in the budget presented by finance minister Nirmala Sitharaman, who encouraged for simplifying “ease of doing business” for farmers also while calling upon all the states to permit their farmers to trade on eNAM - the national online trading stage created by government for transparent proposal based trading of supplies across 585 mandis in the country.
She also asked private entrepreneurships to take part in agriculture and its allied sectors while announcing mega public investment in same sector. She also invited investments in renewable energy sector related to agriculture, stating that “Annadata can also be urjadata”.
Mechanised farming can be adopted by educating the farmers. Minimising wastages to less than 10 per cent from the current level of 30 to 35per cent increasing public investments in agriculture sector, modernizing agriculture along with technological reforms; and promoting food processing exports are few steps that will go a long way in doubling farmers income by 2022.
The land availability in our country and the livestock we are raising can easily lead to biogas plants at village level, which can fulfil the need of electricity and other energy requirements. Solar panels can also be installed in vast fields.
Thus, promotion of privatisation in agriculture and allied sector is what is needed to boost the sector.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.