AgriTech: The conjuncture in need!
The Finance minister Nirmala Sitharaman in the Budget 2022, laid great stress on digitizing and technology orientation for the agriculture sector, but why?? According to a survey, in 2020, the total share of agriculture in world GDP went up to 10-11% for 146 countries! The contribution of the agriculture sector has been only growing! Let’s talk about India! Did you know that approximately 70% of the rural population depends on agricultural activity to run their household and contributes a margin of 17-18% to the GDP? Yes, that is correct! Indeed, agriculture has a significant impact on humanity, and so it’s only fair to evolve in the sector that contributes at such a large magnitude, right! Times have been ever-evolving and ever-changing, from building the first tool to inventing the magnetic compass. The biggest benefactor would undoubtedly be technology. Technology has seeped everywhere, even to the remotest of the fields, and hence farming too! Technology has a massive impact on the...