Strengthening Indian Agriculture and Ensuring Farmer Welfare
- Farmers’ suicides and stagnating agricultural productivity are issues of grave concern for the Indian economy.
- Even today, the agriculture and allied sector accounts for 50% of the Indian workforce, with several of them practicing subsistence agricultural labour, while others are marginal farmers owning unviable pieces of land.
- A multi-pronged approach is essential to address this, and this brief highlights four focus areas – Agricultural credit and insurance, diversification of agriculture (growing various kinds of crops in different parts and at various times of the year) to mitigate risks and increase productivity, effective water management, and improving agricultural marketing.
- Best practices, important schemes and other resources in each of these areas have also been highlighted.