Sunday, May 29, 2011

The Farm Economy

            
If life gives you an opportunity to help a farmer, then do not shy away, coz he is the one who brings food to our table.India can become a global power if we were to have 44% of our nation engaged in agriculture with the rest split in manufacturing and services sector respectively. The challenge is not only to wean 10% off the agriculture successfully and absorb them in manufacturing/services sector within the rural sector, but also to ensure that the remaining 44% of Indian agriculturist are able to produce more food grains and other natural products.


India had been a self sufficient nation for centuries where the village was a self sustaining entity with its own cultural identity. God blessed us with fertile lands and intellecutally capable people till the 17th century.Then came the colonial rule of India, a dark part of our history. The rule of British on India was unfortunate in a lot of ways like  the systematic destruction of grass root village economy brought the Indian village economy to bankruptcy.


50 years and more of freedom, we've had some achievements like that of the green revolution courtesy scientists like M.S. Swaminathan, however, we still have 54% of Indian citizens engaged in agriculture contributing only 29% to the GDP of India. We need more scientific innovation and growth in low cost agricultural technologies that would contribute to the self sustenance and competitive edge of Indian agriculturists. It is important to note that we're talking abour more than half of the country that is engaged in agriculture( 54% ) with a majority of farmers having small land holdings making large scale farming techniques irrelevant to most Indian farmers.