Need to up farmers` income, says Montek

Image
BS Reporter Chennai/ Dharwad
Last Updated : Jan 29 2013 | 1:14 AM IST

For increasing productivity there should be a shift to best practices and scientific methods. He said farm level intervention by agriculture scientists, apart from upgrading farm equipment and implementing watershed programmes, was required.

Singh said Indian econ-omy was growing at the rate of 7.5 per cent and there were many structural changes happening.

"With the good economic growth, the per capita income of individuals has also gone up. As a result there have been structural changes in production pattern, which are happening five times faster than earlier days" he asserted.

"With India becoming a globally-integrated economy, we have to absorb some changes and react to some. Some changes would be thrust upon us. One of them is the issue of global warming which would affect the agriculture sector also. We should be ready to face large structural changes," he explained.

Stating that agriculture contributed 20 per cent to the GDP at present, he said growth of agriculture was the key to food security in the country. Agriculture was still a source of livelihood for 52 per cent of the population and there was need to initiate steps towards higher agricultural productivity and higher per capita agricultural income.

Ahluwalia said the 11th Five Year Plan had envisaged a growth rate of 9 per cent in the country which would be hiked to 10 per cent by the end of the Plan period. Stressing on the tremendous opportunities the agricultural graduates had at present, Singh asked the fresh graduates to gear up for the situation and grab the opportunities.

Forty one candidates shared 97 gold medals with J U Chandrakala (BSc agriculture) emerging as golden girl securing eight medals. Degrees were conferred on 620 candidates at the convocation. While 21 were conferred PhDs, 227 got master's and 372 bachelor's degrees.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 03 2008 | 12:00 AM IST

Next Story