“Innovation is a necessity for business as well as for agriculture”, Mr Devendra Katara, Director, Ministry of MSME, GoI

“Innovation is a necessity for business as well as for agriculture”, said Mr Devendra Katara, Director, Ministry of Micro Small & Medium Enterprises, Government of India. Mr Katara was speaking at the Conference on Innovations and Entrepreneurship in Agriculture organized with the theme “Moving Towards Agriculture 2.0” today at New Delhi.

In his address, Mr Katara shared details of the various schemes being run by the Ministry of MSME to support individuals for setting up units in food processing, agri and allied sectors.

Speaking on the occasion, Dr V P S Arora, distinguished Professor, Sharda University remarked “We need Innovation to check the dangerous scenario of reducing fertility of soil”. He added that Innovation should also have the impact of increasing not only the productivity but also the income of farmers.

In his address, Mr Gunbir Singh, Past Chairman, CII Punjab State Council emphasized on the rising number of Startups in the agriculture sector that are using information technology that are using IT services in facilitating credit lending to farmers, FPOs and entities engaged in agriculture production and supply chain. He claimed that every 9th Agritech startup in the world is from India and USD 248 Million funding has been received by Indian Agritech startups till June 2019.

Mr Gokul Patnaik, Chairman, Global AgriSystems Pvt Ltd advised the farming community to continuously strive for improving farm production by inculcating indigenous innovation techniques using existing resources.

A CII-Global AgriSystems Pvt LTd Report titled “Innovations and Entrepreneurship in Agriculture organized with the theme “Moving Towards Agriculture 2.0”. The conference was attended by over 100 delegates from the Government, industry, academia and farming community.