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What farmers precisely need to raise their income

In view of the limited scope for expanding cultivated land, the dwindling water resources, rising input costs and the growing demand for food production, precision farming can be a potential solution for ensuring sustainable agricultural production & raising farm incomes. Agri technology startups can play a key role by providing technological infrastructure & services to farmers at reasonable costs. There is a need to create widespread awareness among them by boosting the agri.

e-commerce can enable direct market linkages for farmers

Budget 2024: Modi govt's push for finding fertile grounds to tap farm votes before Lok Sabha elections

Budget expectations: Finance Minister Nirmala Sitharaman may propose increasing the amount of money transferred under the PM-Kisan scheme in Budget 2024. The agricultural sector plays a crucial role in India, with 60% of rural households relying on agriculture. The Ministry of Agriculture accounts for 2.8% of the Union Budget, and last year, Rs 1,25,036 crore was allocated to the sector. Farmers in India face challenges such as slow growth, debt, small land holdings, and a lack of capital investments. Experts suggest that the government may announce populist measures for farmers in the budget, including income support schemes and agricultural market infrastructure promotion.

Long road ahead for agricultural commodity futures

Need to maximise benefits of e-NAM platform