Dear Farmers, its time to be enterprising New Farm Law-Opportunity and Challenges- Vishnu Langawat
Though agriculture’s share in India’s economy has declined to less than 15% due to rise in industrial and services sectors, still it is an important sector as majority of the population of the country reside in a rural area and agriculture is the backbone of the rural economy. India despite being a global agricultural powerhouse and largest producers of various agro-commodities, growers of these agricultural commodities face significant challenges as in every 42 minutes one farmer commits suicide and farm business is considered as risky and inefficient. From where we started: India, which was once a number one economy of the world from 1AD to 1500 AD contributing 24.4% in the world GDP declined to 4.2% in 1950 {Economist Angus Maddison} and was engulfed in starvation, therefore, immediately upon attaining freedom from the colonial power, the primary focus was raising agricultural output and improving food security and during the green revolution, India’s foo...