India’s Biggest Challenge: The Future of Farming
India is one of the largest agricultural economies in the world and employs over 200 million people. The World Bank estimates that by 2030, India’s population will reach 1.6 billion, or 30% of the global population. This means that if India continues to grow at the same rate as it has in the past 15 years, then around 70% of its population will rely primarily on agriculture for their livelihoods by 2030.
According to a study released by PwC, 9 out of 10 Indian millennials want to work in jobs where they have responsibility for creating value for society. In other words, they desire jobs in social entrepreneurship and enterprises which make a difference in society while providing them with a sense of purpose and personal fulfillment.
In India, the agricultural sector is undergoing rapid changes. It is the backbone of the Indian economy and has been for centuries. It produces about 18% of its GDP and employs about 60% of its workforce (4 out of 10 people) in some way or another.
The government has plans to make India a food surplus country by 2020- it aims to grow the total production to 275 million tons from the current roughly 180 Million Tonnes. The focus would be on increasing crop yields per hectare- as well as managing water better in order to increase productivity.
India’s biggest challenge will be how they manage their water resources so that they can produce more food while also saving it for other purposes such as irrigation or drinking.
Some experts predict that India will be importing $200 billion worth of food in the next 10 years. This is a result of the imbalance between food production and population growth. Rapid urbanization, climate change, and erosion of arable land are some other factors for this trend. This is a big challenge for the country, which provides livelihood to more than half of its population through agriculture and farming.
India’s approach to agriculture has been largely agricultural-led until now. Given the circumstances, maybe it is time that they take on an agricultural-economic approach or an agricultural-social approach where they look at the needs of people as well as their economy
India is one of the largest economies in the world, and it also has a growing population. It produces 20% of the world’s food. With an increasing number of people to feed, India is at risk for not being able to produce enough food. India’s lack of water, cooling power, and huge dependence on monoculture are some challenges that they have to face in order to ensure that it can continue to produce enough food for its population.
One solution is adopting new technologies such as AI-powered smart farming systems that help improve crop production. This would allow them to grow more crops with less resources such as water and cooling power. The benefits of this technology are clear: greater crop yield with less input from humans means more food production with less effort from farmers.