Agricultural entrepreneurship or agripreneurship brings professionalization and commercialization to Indian agriculture. It boosts agribusiness in primary, secondary, and tertiary sectors by raising yields and productivity; creating employment; and improving livelihoods. Agripreneurship in food processing specifically generates economic benefits. Opportunities exist in diversified, high-tech, organic, and value-added farming as well as agro-industry including processing, manufacturing, inputs, and services. Allied activities like dairy, fisheries, and livestock are also important.
2. Agriculture is scaling new heights by focusing
on diversification,
farming, precision
value addition, hi-tech
and organic farming,
agribusiness etc
Agricultural based entrepreneurship or
Agripreneurship, brings professionalisation
and commercialisation in Indian agriculture,
boosting agribusiness in primary, secondary
and tertiary sectors
Agripreneurship in Food Processing Industry
brings immense benefits to the economy by
raising agricultural yields,
productivity, creating
enhancing
employment
opportunities and improving the standard of
living of people
3. Increasing demand of organic and quality food
both in India and abroad
Competitive advantages for many primary
production activities in agriculture. Ex: Rainfed
farming, livestock and wild craft production is
through low cost production technologies only.
Private sector is willing to enter in to
agribusiness at all levels of operation.
To reduce malnutrition as majority of women
and children in the country are mall nourished.
4. Reducing cost of production
New technologies
opportunity for entrepreneurship in
agriculture
6. (1) Agro produce processing units: These units do not
manufacture any new product. They merely process the
agriculture produce.
e.g., Rice mills, Dal mills, Decorticating mills etc.
(2) Agro produce manufacturing units: These units produce
entirely new products based on the agricultural produce as the
main raw material.
e.g., Sugar factories, Bakery, Strawboard units etc.
(3) Agro-inputs manufacturing units: These units produce
goods either for mechanization of agriculture or for increasing
productivity. E.g., Fertilizer manufacturing plants, insecticides
production units, food processing units, agricultural
implements etc.
(4) Agro-service centers: These include the workshops and
service centers for repairing and serving the agricultural
implements used in agriculture.
7. cloth stitching,
knitting, embroidery, cloth printing (tie and dye),
carpet making, dari making, envelope and plastic
bag making,
agarbatti making, candle making, rope making,
basket making,
bamboo-work, distilled water making, oil
extraction, chalk making,
biogas mechanic, electric wiring, mason, carpentry,
black smithy, solar mechanic, electrician, auto
mechanic, welding, pottery, and other rural crafts
etc..
8. This includes the activities like,
Dairying,
Sericulture,
Goat rearing,
Rabbit rearing,
Floriculture,
Fisheries,
Shrimp farming,
Poultry farming,
Sheep rearing,
9. Positive impact:
Sharp correction in fiscal deficit-GDP ratio and
reduced monetisation of deficits .
New industrial policy fostered competition
Real GDP growth averaged 5.7 per cent per
annum in the 1990s, which accelerated further to
7.3 per cent per annum in 2000s.
There is gain in the share of services, including
construction, from 52 per cent to 65 per cent
during the period 1990s to 2010-11.
10. Exports and imports of goods and services
have more than doubled from 23 per cent of
GDP in the 1990s to 50 per cent in the recent
period of 2009-11.
Debt-GDP ratio has declined from 29% to
18.6%. & Debt-service ratio fell to 24.9% to
4.7% for the period of 1991-00 to 2009-11.
The high growth was achieved in an
environment of price stability as headline ,
inflation dropped to an annual average of 5.5
per cent in the 2000s from 8.1 per cent to the
1990s.
11. Agriculture as a percentage of real GDP
declined from 3.2% to 2.4%. There is a need to
increase agricultural productivity.
Failed to address labour market inflexibity and
there by increasing concentration of labour
force in agricultural sector hence high
unemployment.
It could not attract sufficient investment in
Infrastructure.
Credit market has still remain an important
issue.