Vice President M Venakaiah Naidu outlined 12 initiatives to make agriculture viable and remunerative for the farmers. Delivering the 14th Dr V.K.R.V Rao Memorial Lecture at the Institute for Social and Economic Change in Bengaluru, the Vice President said that the farmers were finding agriculture unattractive because of low and stagnated income and productivity.
He hailed the Government’s initiatives which have helped farmers to improve productivity and get better economic returns.
I am glad that the government initiatives like Pradhan Mantri Krishi Sinchai Yojana, the Pradhan Mantri Fasal Bima Yojana (PMFBY), e-NAM and Soil Health Cards are helping the farmers to improve productivity and getting better economic returns. pic.twitter.com/8SZdq7Vyz8
— VicePresidentOfIndia (@VPSecretariat) January 19, 2018
Use of good quality seeds and balanced use of fertilisers can enhance agriculture productivity by 15-20%, he said.
Naidu emphasised on expansion of farm mechanisation and supplementing farming with activities like dairy farming, fishery and poultry which can help increase the income of farmers significantly. He also called for combining agriculture with horticulture and mechanisation of hill agriculture to increase farmers’ income.
In order to revitalise the agricultural sector, he highlighted the importance of the timely institutional credit system, which can play an important role for innovative farming.
He also stressed on the need to formulate long and medium term action plan and called for development of agro-based industries and substantive reforms in the land policy.
Better understanding of the use of water, development of climate resilient farming practices, streamlining knowledge sharing processes were the other aspects the Vice President touched upon.