Shubham ShuklaAIR 43 · CSE 2021 · 213 wordsTheir whole copy
Opening
Agriculture is one of the most stressed sectors of Indian economy as noted by its poor statistics.
| % of GDP | % employed | Growth | |
|---|---|---|---|
| 1991 | 44 | 72 | 3 |
| 2018 | 16 | 48 | 1.5 |
Body · points
- Poor storage facilities is a panacea for these problems the sector faces.
Reason: -
(i) @ farm level - poor storage - decay in quality + damage by pest & animals (ii) lack of cold storage - high logistics cost (Ind = 141, US = 81) (iii) Uneven distribution : mostly in NW India like PJ, HY, West UP etc. (iv) Poor connectivity & transportation (v) Poor utility supply : eg 24hr water, electricity etc
Scope for creating storage facilities
(i) Agri warehouse under PSL by RBI (ii) e-Negotiable warehouse receipts (e-NWR) for easy trading of agri commodities (iii) Subsidies for warehousing & transportation (iv) Operation green = focus on food processing
(v) other govt schemes
- PM Sadak Yojna
- PM SAMPADA yojna
- Mega food parks
- Private sector participation in storage facilities
Close · a source
Storage facilities is critical as recommended by Shanta Kumar Committee to prevent wastage via timely & adequate storage facilities @ nominal cost - key to doubling farmers income.
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