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Today, several startups are trying to reshape the agriculture landscape of our country using technology. The use of technology in the Indian agriculture industry has been a crucial part of its history of food self-sufficiency and the Green Revolution. Yet, there is a disconnect, with the immense scale of Indias agriculture industry betrayed by its struggles in terms of productivity

 

For that, while agriculture accounts for 42% of the labor force, it contributes just 14% of the GDP. Even though India is a powerhouse, India has several challenges in the field of agriculture. Despite all odds, agriculture is the one sector which is flourishing and is able to provide job opportunities to the massive Indian rural population.

As the rest of Indias economy evolves, Indias populations reliance on agriculture for employment is expected to diminish, resulting in the movement of labour away from agriculture to other sectors (see Table 1). As over half of the Indian population lives in rural areas and depends on agriculture for livelihood, the Indian government continues to emphasize growth and development in Indian agriculture. With technologies being more adaptable to the needs of farming, supply chains are being tightened, and the development that results from this in India is going to be something worth watching. Sure enough, companies are diving in to make sure that the changes are widely adopted, and it looks like there is a new landscape in Indias agriculture sector on the horizon.

A lack of supply chain transparency and mismatches in grocery prices has meant that the industry has been burdened with inefficiency, and calls are growing to make wholesale changes that will put stability and profits front and center. For digital farming solutions to be scaled up and become viable for Indias small-scale farmers, there is need for following a multi-stakeholder frame work, with a strong ecosystem approach, which is driven by more than technology, augmented with outreach, support to the user journey, significant government investments, and alignment in schemes, particularly with the Doubling Farmers Income Initiative. Using digital technologies for creating hyper-local solutions and value-added services in agriculture is not only on startups radar anymore. Agriculture must also adopt new technologies that allow food producers to generate data that can quantify the sustainable benefits of what they are producing, and Truterra Insights from Land O Lakes is a great example.

Agriculture needs to do more to tell the story about how farmers are acting as good stewards of land, water, and air, and the potential they have to do more for the environment. Looking ahead, the whole food industry needs to confront its energy and workforce challenges. One intriguing aspect of indoor farming is that indoor farming is a microcosm of our food system. Farm loans allow farmers to invest and maintain farmland, buy quality inputs like seeds and agrochemicals, set aside funds for the acquisition of tools and machinery on their farms, and so on.

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