Comment on the need to increase spending on R&D for the agriculture sector.
Agriculture sector in India contributes around 14% to GDP, while employing almost half of the entire workforce. The green revolution was a major technological breakthrough which created a lasting impact on Indian agriculture.
However, India’s public investment on R&D has remained stagnant over the last two decades at around 0.6% to 0.7% of GDP.
Need of investment in agri R&D:
- Ensuring Food security – India will become most populous country by 2027. Green Revolution 2.0 is needed to meet the requirements of the rising population, while increasing share of agriculture in India’s GDP.
- An investment in R&D would help to create better and productive seeds.
- Climate Change resilient agriculture – increase resilience of crops against environmental impact.
- Increase Farmer’s income by overcoming issues such as seed problems, pest and disease problems, crop sustainability, climate change, irrigation problems, soil erosion etc.
- Efficient Water Management by investing in R&D on irrigation technologies.
- Development of GM crops.
- Ecologically sustainable agriculture.
- Becoming the food-basket of the world.
Way forward:
In the coming years, food insecurity is going to be a global crisis due to various consequences of climate change. Hence, it is imperative to make our agriculture resilient by increasing investments in research and development.
Originally written on
May 6, 2024
and last modified on
October 27, 2024.