Improving the access of farmers to markets is critical to reduce farm wastages, control inflation and increase incomes-President

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Capital Market
Last Updated : Feb 10 2014 | 11:56 PM IST
India has made tremendous progress in agriculture during the last ten years and we have the capacity to export food grains now, the President of India, Shri Pranab Mukherjee said while inaugurating the 'Krishi Vasant' an agricultural exposition organized by Ministry of Agriculture and Government of Maharashtra. He, however, emphasized that improving the access of farmers to markets is critical to reduce farm wastages, control inflation and increase incomes. Public Private Partnerships (PPP) can bridge the infrastructure gap in the post-harvest food domain. There is a need to encourage greater investment by organized logistics players, processors and retailers for developing markets under the PPP mode. This will ensure better returns for the farmer as well as industry the multiple strategies have helped generate sufficient surplus to meet the commitment made to over two-third of our countrymen under the National Food Security law. At the same time, they have spurred the growth of high value agriculture to meet the changing needs of a rapidly growing middle income population.

The President said in a scenario of growing grain stocks and increasing production of high-value commodities, it is ironical for food inflation to continue for long periods. Loopholes have to be identified to streamline the supply chains and bridge the gap between wholesale and retail markets. This calls for institutional changes in agricultural marketing.

The President called upon all stakeholders to make technologies and best practices accessible to farmers, especially small and marginal farmers. He stated that the agriculture extension network has to be galvanized to ensure prompt delivery of services to farmers. He said the Krishi Vasant is the right platform to interact, deliberate and demonstrate what needs to be done to provide fillip to Indian agriculture.

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First Published: Feb 10 2014 | 9:49 AM IST

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