Bring In Structural Changes To Make Agriculture Resilient, Sustainable & Profitable: Venkaiah

Hyderabad, Jan.17 (Maxim News): Vice President M Venkaiah Naidu called for introduction of structural changes through policy interventions to bring in a positive bias towards agriculture and make it resilient, sustainable and profitable.

Inaugurating Agri-Vision 2019, a two-day conference on ‘Envisioning Agro Solutions for Smart and Sustainable Agriculture’ here today, the Vice President stressed the need for a concerted action from all stakeholders to find comprehensive and long-term solutions to the multiple challenges faced by the agriculture sector. Short-term measures like loan waiver would provide temporary relief and would not be beneficial to the farmer in the long run.

Expressing his concern over the tendency of farmers to leave agriculture, the Vice President said lack of favorable terms of trade, the vagaries of monsoon, technology not reaching farmers in time and absence of proper marketing system were some of the reasons for agrarian problems.

Pointing out that declining productivity, diminishing and degrading natural resources, rapidly growing demand for food, stagnating farm incomes, fragmented land holdings and unprecedented climate change were some of the major challenges confronting Indian agriculture, he said traditional farming would not be beneficial and the farmer needs to diversify into allied activities to ensure sustained income.

Observing that the growth of the agriculture sector was critically important for inclusive growth, Naidu said empowering the sector would not only reduce poverty but also helps improve livelihood of lakhs of people connected to this vital sector. Agriculture sector accounts for 18 per cent of India’s GDP and provides employment to 50 per cent of the workforce in the country, he added. He stressed the need to accord top priority to farmer-oriented marketing, providing adequate cold storage facilities and refrigerator vans, focusing on food processing through value addition, extending timely and affordable credit to farmers and ensuring that innovations and technologies reach the farmers.