DOUBLING FARMERS’ INCOME - NITI Aayogniti.gov.in/writereaddata/files/Doubling farmers...

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Transcript of DOUBLING FARMERS’ INCOME - NITI Aayogniti.gov.in/writereaddata/files/Doubling farmers...

NITI Aayog, Government of India

August 21-22, 2017

DOUBLING FARMERS’ INCOME

Shared Services

Processing

Education

Entrepreneurship

Demand and Diversification

Shared Services: from Farmers to Agripreneurs

• Create 1 million Agripreneurs to serve 100 million farmers

• Shared Services providers for farm clusters

• Financially sustainable entities

Start-up India | Digital India | Mudra Yojna

to enable “agripreneurship”

Processing: from APMCs to E-Markets

• E-Marketplaces to connect food processors with agripreneurs to

bridge the value gap

• Move farm income sources from basic food grain to value added

• APMC Act to be scrapped in totality making it an open market.

from Rs.50/kg to Rs.500/kg (for tomato, as example)

value-addition thru ”processing”

Education: from Extension to Education

• Reform agri-education at 3 levels: Farmers | Agripreneurs | Agriprofessionals

• 1.5L vets as part of #SkillIndia

• Industry-Academia Partnerships

• Integrated nutrition management using secondary & micro nutrients as

a national imperative

create India – Good Agriculture Practices standards

“IN-GAP”

Entrepreneurship: from Subsidy to Impact Investment

• Bring Risk Capital to support agribusiness startups and accelerators

• Create non-farm entrepreneurial ventures to generate supplementary

income

• Reduce animal feed shortages, by private investments

creation of

“rural for-profit enterprises”

for serving 110M potential customers

Demand: from Supply led to Demand Driven

• PPP “India Intelligent Agri Info Centre” to deliver Demand Data & Analytics

• Create Brand Value for source of origin

• Create Indian Superfoods e.g. Adrakh, Makhana, Ragi, Amla, Haldi

• Encourage demand-driven thinking and industry p’ships among all

nodal agencies

build brands that proudly say

“Grown in India”

Policy Enablers

• Allow “De-materialisation of Land” : online exchange for agricultural land

• Create “Irrigation Highways” : pay-per-use for water-access

• Widen DBT Net for “reducing fertilizer subsidies”

• Agri-risk Zoning

MAKING IT HAPPEN

TOGETHER!