Technology Driving The New Age Agricultural Revolution In India
The digital transformation of farming using AI and Communication technologies is promising to turn agriculture into a tech-intensive industry from a traditionally labour-intensive one
Agriculture contributes about 19% to Indian GDP but as much as 58% of the population depend on that for their livelihood. While agriculture is hugely important for Indian economy, it also remains inadequate to serve the growing needs of the farmers and the sector as a whole.
Good news is that we now have a host of technologies available and many intrepid entrepreneurs are finding ways to bring efficiencies and improvements in each and every aspect of agriculture value chain. The digital transformation of farming using AI and Communication technologies is promising to turn agriculture into a tech-intensive industry from a traditionally labour-intensive one. The fusion of agri-science and data science is making heads turn – and all these changes can very well lead to “Green Revolution 2.0”
The UN projects the population to reach around 9.7 billion by 2050 that would need global agricultural production to rise by 69% to meet the demand. That requires all stakeholders – farmers, governments, scientists, academics and companies to work together to create an ecosystem where emerging technologies like Internet of Things, Advanced Analytics and Data Science can be leveraged and pressed into operation in a quick time. India has certainly made some noticeable strides in these matters - from vertical farming to farm drones – while a lot more remains to be done. Entire value chain needs to be upgraded to enhance quality and quantity production; optimize input and output resources, reduce wastage, and increase farmers’ income.
Farming is a complicated business - every day the farmer needs to make various decisions. What is the right variety of seeds as per the soil condition? What is the right time to plant them? Where to buy the right seed, fertilizer and crop protection at the right price? Are there any affordable financing options? Insurance Options? When to harvest and where to sell?
The farmer has multiple agricultural requirements and they have to rely on different sets of providers. That’s where full-stack agri-tech platforms like DeHaat come into picture - a tech-enabled bridge that can bring together farmers, micro-entrepreneurs, aggregators, traders and agri-related service providers. DeHaat brings everything under one roof, from seed to market. Leveraging advanced tech solutions simplifies farmers’ day-to-day operations and gets them the best advisory, support, and financial backing to enhance their productivity and profitability.
How does DeHaat do all this? Decision intelligence platforms built by DeHaat uses satellite images and machine learning, for accurate crop related information and advisory. Geotagging farmlands helps them access better finance in the form of efficient and right agri-inputs and services. Data-driven farming, which was once entirely lacking in India, is now picking up thanks to the increased access to technology, and the right technological innovations. Using remote sensing tools and satellite information, soil testing and various other technological interventions, farmers can now access objective and result-oriented personalized advisory.
DeHaat is aspiring to provide these services at national scale - a farmer anywhere from any region of India soon will be able to benefit from this platform. Technology is becoming the biggest facilitator of socio-economic development in rural India, by improving access to information and sharing knowledge. It is therefore imperative to leverage the opportunity going further and create a modern, efficient and resilient agri-system, contributing to the sustainable development goal of a more sustained and inclusive economic growth.
(The given article is attributed to Balaya Moharana, Sr VP Technology, DeHaat. and has been exclusively created for BW Disrupt website)
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