Employs ~45% to 46% of the Indian population, contributes 14% to 15% to GDP on an annual basis, and from the budget gets around 10% of spending, of which the major share goes to welfare measures and subsidies. That could be a short introduction of Indian agriculture to interest you.
In way we have persistent challenges presented by the supply chain, all things marginal and fragmented pieces of land ownership, a predominant mind-set that keeps the idea of the agricultural profession with subsistence, and various other geopolitical issues. In addition, human civilization is staring down at adverse environmental factors. Wheels of time are turning, and the resilience that underlines the sector’s immense growth potential requires a fundamental mindset shift—viewing farming as agribusiness rather than subsistence.
The role of data is central to this transformation. While agriculture has always generated data, today’s technological breakthroughs are redefining how that data is captured and applied.
Several key factors have accelerated this change:
• Increasing internet penetration and digital awareness
• Shifts in user behaviour and adoption of digital services
• Rising rural purchasing power
• Breakthroughs in satellite and space-based rural development technologies
• Improved computational power in hands of citizens
The need of the hour is clear: to move beyond traditional farming into a robust, data-driven agribusiness ecosystem.
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