Budget 2018: This is what the agriculture sector wants from FM Arun Jaitley

Corporate farming norms to be made more acceptable and balanced for both farmers and corporates

 

Union budget 2018

Key challenges

Small landholding: Since the bulk of farmers have less than 2 hectares of land, there is a difficulty in getting the benefits of ‘economics of scale’

Limited access to technology and extension: Farmers still do not have access to better technology. Also, effective dissemination of information from lab to land remains a challenge

Storage: We need to come a long way in terms of availability and access of agricultural storage facilities for farmers

Price volatility: The agri sector faces the Cobweb phenomenon, so there always exists a need to ensure farmers get remunerative prices

Market integration: Farmers need to be better connected to the end-consumer. The number of stakeholders across the value chain needs to be reduced

Industry ask

• Better environment for start-ups in food and agri business
• Greater technological investments in the field of agriculture
• Simplified leasing norms for setting up processing infrastructure
• Corporate farming norms to be made more acceptable and balanced for both
• farmers and corporates; buying and selling outside APMCs
• Increased involvement of private players for increasing storage infrastructure
• eNam should be implemented seamlessly over all markets and commodities
• Better mechanism for price stabilisation of agri commodities 

Click here : Budget 2018