How India is boosting its agricultural economy through substantial measures

Indian is a country, which is primarily dependent on its agriculture. It is the main source of income, with more than 50 per cent of the country’s population directly connected to agricultural activities. The contribution of agriculture in the initial two decades towards the total national output was between 48 per cent and 60 per cent. However, in the year 2001–2002, this contribution declined to just around 26 per cent.

Agricultural exports amount to about 20 per cent of the total exports of the country. The aggregate food grain production was assessed to be 264.77 million tons (MT), as the fourth Advance Estimates of Production of food grains for 2013–14. On the back of imaginative promoting strategies, inventive bundling and quality in quality, export of spices from India are relied upon to reach US$ 3 billion by 2016–17.

Apart from this, the National Food Security Mission (NFSM) was launched from Rabi, 2007–08. Expanding the production of rice, wheat, pulses and coarse cereals through region extension and efficiency upgrade is the fundamental target of the National Food Security Mission (NFSM). Restoring soil ripeness and profitability at the individual ranch level, other than improving farm level economy to restore confidence amongst the farmers is also important. In order to enhance the execution, training is an important procedure of capacity building of people. Present issues and future difficulties can be met through training and improvement.

Inventive and experimental bundling strategies have helped the food industry to empower the sheltered and quality sustenance. However, further steps will be required to build on the substantial measures taken for boosting the agricultural economy of the country.