Way to improve farmer incomes is to focus on adopting sustainable Agricultural practices - Nurture.farmÂ
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On behalf Dhruv Sawhney, Business Head and COO, nurture.farm
Farmers in India still work on Agri models that are input-intensive, which affects their overall profitability. Enabling a lean agribusiness model should be a priority by developing shared economy platforms through which farmers can access farm equipment and machinery at substantially lower costs. Mechanisation in agriculture would improve productivity and yield, and India needs significant improvements in both these spheres. An impetus towards shared economy models and digitisation of Agri ecosystems in India would induce transparency into the entire sector - empowering farmers to make informed decisions and improve their output and incomes.
Another way to improve farmer incomes is to focus on adopting sustainable agricultural practices. Incentivising this for Indian farmers will have a two-pronged impact - on the one hand, it will improve the carbon footprint of agriculture, making it climate-friendly, and on the other, by leveraging carbon credits, farmers will have a scope to earn higher incomes. With the second-largest arable land in the world, India can be a world leader in establishing the potential impact on climate and farmer incomes by adopting sustainable agriculture practices. Enabling public private partnerships in this domain can help Indian farmers leapfrog towards a climate friendly, sustainable and profitable agriculture.
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