UP green plan: Use tech to help boost agriculture
Business Standard|November 29, 2024
Over the next few years, the state aims to increase value of farm exports from ₹20,000 crore to ₹50,000 crore by boosting productivity and food processing
SANJEEB MUKHERJEE
UP green plan: Use tech to help boost agriculture

As Uttar Pradesh (UP) works for growth and prosperity, one sector that is driving this transformation is agriculture and farming.

The state has been a leader in agriculture in several respects, but after years of neglect and apathy, the current state administration under the leadership of Chief Minister Yogi Adityanath is putting special emphasis on the sector that employs no less than 68 per cent of the state's population.

Agriculture in UP is dominated by small and marginal farmers, who own less than two hectares of land each. Data sourced from various agencies shows that almost 93 per cent of the state's farmers are categorised as "small and marginal"—this translates into around 21.59 million farmer households. The rest almost 1.76 million households are categorised as "large or medium" farmers.

With such a large section of farmers who own small land parcels, uplifting them will automatically push up the state's GSDP (gross state domestic product) and pitch rural recovery.

And, the results are there for everyone to see. Data shows that between 2012-13 and 2018-19, wheat production in the state has risen from 31.5 million tonnes to 38.1 million tonnes. Foodgrain production during the same period increased by 5.23 per cent while that of pulses jumped by 9.09 per cent and oilseeds by 14.71 per cent.

Denne historien er fra November 29, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra November 29, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS STANDARDSe alt
THE LONG ROAD TO DATA PROTECTION
Business Standard

THE LONG ROAD TO DATA PROTECTION

The DPDP Act comes with a long gestation period. What does that mean for its efficacy?

time-read
5 mins  |
January 07, 2025
Tata Punch tops '24 sales charts, ends Maruti's 40-year reign
Business Standard

Tata Punch tops '24 sales charts, ends Maruti's 40-year reign

For the first time in four decades, a non-Maruti Suzuki India car has topped the list of India's best-selling cars. In 2024, the Tata Punch, a sub-compact sport utility vehicle (SUV), became the highest-selling vehicle by delivering 202,030 units.

time-read
1 min  |
January 07, 2025
Business Standard

Isro marks milestone as cowpea seeds take root in space

Cowpea seedlings onboard PSLV-C60 POEM-4 module sprout their first leaves in space, signifying a milestone in space-based plant research, Isro said on Monday.

time-read
1 min  |
January 07, 2025
India reports 5 HMPV cases; govt says no need to panic
Business Standard

India reports 5 HMPV cases; govt says no need to panic

India on Monday reported at least five cases of Human Metapneumovirus (HMPV), which causes respiratory illness and was recently identified in China and Malaysia.

time-read
1 min  |
January 07, 2025
Business Standard

US 30-Year Bond Yield Highest Since 2023

US Treasuries slumped, lifting the yield on 30-year bonds to the highest since late 2023, as a rattled market prepares for $119 billion of fresh government debt issuance this week.

time-read
1 min  |
January 07, 2025
Business Standard

Indian Bond Index Inflows May Lag Estimates: Morgan Stanley

Indian bonds included last year in a key global benchmark will fail to draw as much money as previously estimated, according to Morgan Stanley.

time-read
1 min  |
January 07, 2025
Business Standard

Select factor fund based on conviction, risk appetite

Ajay Singh (name changed on request), a 35-year-old Noida-based lawyer, plans to invest in factor (or smart-beta) funds in 2025.

time-read
2 mins  |
January 07, 2025
Jubilant FoodWorks Hits 52-Week High
Business Standard

Jubilant FoodWorks Hits 52-Week High

Brokerages Offer Mixed Outlook After Strong Q3 Showing

time-read
2 mins  |
January 07, 2025
Business Standard

Quadrant Future Tek secures ₹131 cr from anchor investors

Quadrant Future Tek on Monday garnered ₹130.5 crore from anchor investors ahead of its initial public offering (IPO).

time-read
1 min  |
January 07, 2025
Sebi Eases Fund Settlement Norms for Dormant A/Cs
Business Standard

Sebi Eases Fund Settlement Norms for Dormant A/Cs

The Securities and Exchange Board of India (Sebi) on Monday relaxed settlement norms for brokerage accounts remaining inactive for more than 30 days.

time-read
1 min  |
January 07, 2025