Agriculture Reforms

published by ritvikonline

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The positive story:
India has 11% of world's agricultural land and its food production stands at 264.4 million tonne in 2013-14 alone Total public & private investment in the sector stands at 21 % of GDP During 11th five year plan, the sector witnessed an average growth rate of 4.1% which increased to 4.7% in 2013-14 Farmer beneficiary programs like RKVY,NHM,NFSM & ATMA initiated on a large scale
Indian Agriculture:Challenges & Reforms
Excessive dependency on import of pulses & oilseeds
Failure in effectively utilizing agri-residue
Corrupt, ineffective  & leakage-prone PDS
Dubious restrictions on free trade
Current cold storages, warehouses & processing units not meeting the demand
Vast Supply Chain-More scope of middlemen exploitation
On the flipside, some crippling issues still persist !
How to make agriculture viable ?
Access to formal credit - availability of pledge-loans Protecting farmer from the trap of money-lenders
Removing trade restrictions
Import duties on pulses & oilseeds & redirecting the revenue accrued
24 hr quality power supply without any voltage fluctuations Encourage use of agri-residue based products
Collective selling of farmer's produce to retail chains & supermarkets   Full tax-exemption on agricultural equipment Agriclinics - supply of quality seeds,pesticides
More Cold Storages & Warehouses
Effective model to address food security - introduction of food stamps
Democratization of market committees
Prepared by R & D Unit