Indian agriculture sector has shifted its gears, thanks to the new direction outlined in the 2012 budget. As compared to prior years, when the budget was tilted towards solving the supply-side bottlenecks, 2012 budget, for a change, was structured to solve the chronic issues ailing the Indian agriculture - irrigation, seed development and miserable post-harvest facilities - in collaboration with the private sector. Public private partnerships have been getting a great boost in the last couple ofRead more..
With all due respect to the top business schools in the world, the most envied business alumni of this planet find the business landscape way too treacherous than what they have been prepared for - and i have witnessed first-hand the planning and precision that goes behind the architecture of the MBA syllabi of these corporate darlings. In sharp contrast, we have ample examples of street-smart entrepreneurs with very modicum of corporate mannerism, surging ahead with only their gut feeling.Read more..
It might seem improbable to the followers of Indian economy but it is the new reality - Economic contribution of livestock is today more than that of foodgrain crops. Traditionally, between the 3 pillars of Indian economy - crops, livestock and fisheries; crops were considered the drivers of rural economy. As a result, government policies and programs focused on crops. The upstaging of crops by the livestock monetary value was first detected in 2002-03. At this time, it was considered an annualRead more..
Annually, 25% of the of the 230 million tonnes of fruits and vegetables finds its way into the garbage cans - For a developing country like India, with aspirations of moving up the world economic pecking order, it is a hard fact to digest. The encouraging fact regarding this waste generating system is that there are positive signals coming out of the Union Agriculture ministry, with concrete plans afoot to invest in cold chain infrastructure for fruits in the upcoming financial year. An illusRead more..
Fresh produce losses (25 - 35%) is hard to comprehend in a country where 80% of the population have a hard time organizing 4 meals a day - These perishable product losses translates into annual monetary losses of more than Rs. 50,000 crores. While 40% of these post-produce losses happen between the farmer's fields and till the time the produce is packed. The remaining 60% perishes during transportation. What this translates into is that a greater percentage of Indian fresh produce ends upRead more..