Agriculture
Agriculture in India has been the most talked about and least understood subject. Jawaharlal Nehru, the first Prime Minister of India once said: “Everything can wait, but not agriculture.” Unfortunately, barring the Green revolution period, the agriculture sector seemed to be in a state of induced inertia. It took 73 years and Corona virus to make us realize how prophetic Nehru was. During the lockdown, when everything else came to a standstill, it was only agriculture sector that was operational.
Over the last two months, Modi Government has taken up series of measures that will completely change the agriculture sector. Looking at the various steps taken by the Government it will be safe to presume that just like the economic reforms in 1992-93, the big moment in Indian agriculture has truly arrived. It presents a plethora of opportunities for the farmers, agri-pruners, investors, researchers, innovators and institutional players. The stated objective of doubling farmers income suddenly seems to be achievable.
Agriculture is a unique sector where you do not have any size restriction to start your business. Also, this is one sector, which offers the widest range of business opportunities. The broad areas of opportunities are listed below. These are in sync with the agricultural policy announcements made by the Modi government
- Dairy sector
- Fisheries sector
- Food Processing
- Technological innovations
- Marketing reforms
- Cold chains and Warehousing
- Farm Machinery
- Backward and Forward Linkages
The Government has taken a number of measures for giving a boost to these sectors. These measures include:
-Freedom to farmers and traders to sale and purchase of farm produce
-Barrier free intra-state and inter state trade
-Regulations of APMC limited to physical boundaries of notified yards
-Facilitative framework for electronic trading
-Free entry to new players without any kind of licensing
-Contract farming permitted along with provision for conciliation and dispute resolution method
-Agriculture Infrastructure Fund- Rs.One lakh crores
-Kisan Credit Card Rs. Two lakh crores concessional credit
-10,000 FPO’s to be formed and supported for 5 years with an outlay of 6900 crores
-Digital Agri-Stac to be built and models for farmers data monetisation to be built
-Food Processing sector to get a booster dose of over 1 lakh crores
-Dairy and Fishries sector set to double its produce over next five years and an outlay of Rs. 45,000 crores provided for both the sectors
If you wish to avail this opportunity and be a part of India’s success story, we will be happy to assist you. The agricultural experts group comprises of professionals from the agri-business sector who bring in wealth of experience and expertise. Our team understands the policy nuances to its last detail and combines it with ground level knowledge to provide customised solution to your agri-business needs. We don’t just give you a project report, or help you avail government subsidies, we give you a business plan and work with you till your enterprise is able to walk on its feet.
We see to it that every penny invested by you is optimally used. So if you are looking to invest in agri-business sector, consider calling us.