Like any other private company, the agriculture sector requires state aid, private investment, and technology upgrades.
India is a united country of diversity. This unit is found in cricket and agriculture. They, directly and indirectly, detain more than 80% of the population. The state of agriculture is in peril. There are many factors responsible for this, and it is time to take steps to reinvent the backbone of our economy.
India’s agricultural sector employs approximately 263 million people in what is considered the most significant agricultural land globally. India is the world’s second-largest agricultural producer, with agrarian production increasing from US $ 87 billion to US $ 459 billion over the past 15 years. Globally, India ranks ninth in agricultural exports. Agriculture, however, did not flourish. Yet, there is a path to solve this.
About 41% of India’s population is employed in agriculture, and its contribution to GDP is about 18%. More people work in agriculture, which reduces per capita income. In economic terms, it is known as the camouflage of unemployment, where many people perform very few jobs. We need to move the surplus population from agriculture to other economic activities to deal with this. This creates jobs that make rural economies self-sufficient and resilient, not just in urban areas.
There is a need for competence development focusing on handicrafts, food processing, and MSME. MSMEs can serve as the backbone and a springboard for further industrialization. Plates, handmade soaps, wooden toys, and bamboo products are in high demand both indoors and outdoors as people avoid toxic substances. Large-scale manufacturing and supply chain management can help reduce costs when it comes to pricing.
Migrant workers from eastern India make up the majority of industrial and agricultural employment. As a result, brain drain and labor in the region of origin affect development. Reverse labor migration will help renovate agriculture in eastern India. This requires institutional and technical intervention.
Due to the small ownership of land, technology in agriculture is not rewarding for small and limited farmers. Governments must encourage cooperative agriculture and strengthen land ownership. It is essential to enable farmers to be financially self-sufficient before being exposed to power from markets such as municipal agriculture.
The last technical intervention was the Green Revolution, whose profits fell and even had negative consequences. The need for time is large-scale, region-specific technological interventions such as precision irrigation, rainwater collection, balanced use of fertilizer for soil health, seed certification, use of local varieties, handling after harvest, etc.
The government has a solution to complaints about poor harvest patterns. The MSP declaration for all crops motivates farmers to grow their crops in accordance with the agro-ecological zone instead of focusing on the main rice and wheat patterns.
The effort is high, but like any other private company, it also requires state aid, private investment, and technology upgrades. Categorize agriculture into three components: sowing, crop production, and post-harvest. Identify deficits, intervene and turn India into an agricultural powerhouse. Since its triumph in the 1960s, globalization and considerable economic and political might have made it effortless today to reinvent India’s agriculture.