Farmers turn to digital solutions as rescue plan
January 6, 2021 Farmers use a tab in the field
Like many of their peers in the other industries, most small companies in the agriculture sector saw their revenues wiped out as the coronavirus disease pandemic suppressed demand, a recent study showed.
About 82 per cent agri-SMEs reported a severe decline in business activity arising from the outbreak of Covid -19 and the subsequent containment measures, the study by the Economic Policy Research Centre shows. The study is yet another pointer of the grim outlook that small businesses involved in commercial agriculture face, especially when it comes to accessing cheap credit.