Corporatize Indian Agriculture: Dr. Ajit Kumar

Image
Capital Market
Last Updated : Nov 30 2016 | 12:01 PM IST
Vice Chancellor, National Institute of Food Technology Entrepreneurship and Management, Dr. Ajit Kumar pitched for corporatization of farming sector to integrate agriculture and farmers with prosperity and well being as this could be the single Mantra to double the farmers' income as is being intended by the government of the day under Prime Minister Mr. Modi.

He also recommended that close to a lakh of Indian traditional dishes across the country should be standardized for its quality and hygienic values to make them globally popular as the National institute of food technology entrepreneurship and management has already identified thirteen such dishes for which equipment and tools will be put in place for their wider commercial circulation.

Dr. Kumar said that privatization of agriculture was not the solution for doubling farmers' income as the experiment has hardly yielded the desired results.

What ought to be experiment in the modern times is encouragement for corporatization of Indian agriculture as the government cannot be expected to alone explore the unexplored and un-negotiated territories and patches including landscapes of Indian agriculture with its own investments and technological tools. Therefore, corporatization could be an answer to serve this un-chartered territory to bring in prosperity among farmers and farming community by leasing out their land to corporates as with their investments, the Indian agriculture could see better days, said Dr. Kumar.

According to him, the another strategy that could follow for betterment of farmers should be to equip all the villages with primary and secondary food storages in which their farm produce could be stored and farmers are equipped and linked with such facilities for gaining in higher returns for their produce.

Principal Secretary, Industries & Commerce, New & Renewable Energy & CEO, Invest Punjab, Mr. Anirudh Tewari also endorsed the views expressed by Dr. Ajit Kumar adding that Punjab is the attracting hub for industries that wish to explore its agriculture sector as the State provide for more than 14% of incentives in terms of infrastructure to such investors as compared to other parts of the country.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Nov 30 2016 | 11:28 AM IST

Next Story