The Use of Agricultural Products in Business

With its various allied sectors, agriculture is undeniably the major source of earnings for millions across the length and breadth of India. Contributing a momentous figure to the Gross Domestic Product (GDP) of the country, sustainable agriculture that offers rural occupation and sustainable expertise environmentally, agriculture is vital for a thorough development of a nation. Did you know that over time the Indian agriculture sector has witnessed a green revolution, a white trend, a yellow trend and a blue trend? Here’s how each time is described:

Green Trend: The time when agriculture in India increased its produces due to advanced agronomic technology.

White Trend: Operation Overflow, the world’s major agricultural development program by Verghese Kurien

Yellow Trend: The development, adoption and development of new types of oilseeds and complementary technology.

Blue Trend: Management of drinking water resources that steered mankind to achieve normal water and crop irrigation security.

Agriculture, India’s main private-sector organization engages over 119 million farmers and yet another 144 million landless laborers. In India in line with the declaring, “Uttam kheti, Madhyam vyapar, Kanishtha naukri” agriculture is even considered to be the most reputable industry. The aforementioned saying implies – supreme is farming, business is medium and servitude is minimal desirable.

Agriculture as a company: Could it be OR Could it be not?

First of all, cultivation is the sole kind of business surrounding the world which includes both production and is also accompanied by varying cost risks. Below are a few samples why we made the above mentioned statement. A entrepreneur who makes metal may bump into problems like staff member & transporters hits, instability in prices, variance of raw materials, natural calamities etc. Yet these disruptions are situations that happen once in a blue moon.

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For a farmer conversely, production risks are almost a day to day occurrence. There could be no rains through the sowing season or throughout germination and expansion cycles. Pest attacks furthermore, hailstorms during crop maturity and enormously fluctuating price accidents can wreak havoc fully lives of farmers. These factors will be the ones that produce both production and price risks commercially unviable for farmers.

Second of all, agriculture is the lone kind of industry wherein you get everything retail and sell everything low cost. If you are a e-commerce giant, you get general, but sell retail. Farmers will be the only number who pay in retail for everything, whatever the merchandise is… from tractors to small seed products and equipment. But, they are really obligated to trade their produce at low cost.

The ultimate way to bypass this prejudice is to possess farmer-producer cooperatives that will obtain all certain requirements for the farmers… seed products, agricultural products, fertilizers etc from companies in volume and make sure they are accessible by farmers at indiscriminate rates. However, the unfortunate the truth is that in a nationwide country like India where in fact the middleman works an enormous role, such organizations are exceptional.