Reform agriculture
Financial Express Lucknow|January 06, 2025
FROM PLATE TO PLOUGH 2025 OFFERS A GOLDEN OPPORTUNITY POLITICALLY FOR THE MODI GOVT TO OVERHAUL THE SYSTEM
ASHOK GULATI

ET ME START by wishing readers of this column a very happy, peaceful, and prosperous new year.

What could I wish for Indian agriculture, a subject that has been my lifelong passion and commitment? My dream would be to see vibrant and sustainable agriculture which is climate-resilient, increases productivity, brings prosperity to peasants, and, above all, improves the real wages of farm workers who are literally at the bottom of the economic pyramid.

It is only by raising productivity that India can rein in food inflation, which has been playing spoilsport lately.

Vegetable inflation, at 29% (and potato inflation of 67%) in November 2024, has humbled the Reserve Bank of India (RBI), not allowing it to reduce the repo rate.

That is simply tragic.

The India Meteorological Department has made it clear that 2024 was the warmest year since 1901, and the temperatures were 0.9°C higher in 2024 than the long period average.

Earlier studies by scientists of the Indian Council of Agricultural Research predicted that an increase in temperature by 1°C ran the risk of reducing wheat output by 5%.

Wheat is likely to be the most impacted by heat spikes in February when grain formation is taking place.

Although the Prime Minister released 109 varieties of various crops (including wheat) that are supposed to be climate-resilient, the challenge of taking them from the scientists' labs to farmlands remains daunting.

This is because the government's agri-extension network is the weakest link in the production system.

Agri-R&D as well as agri-extension need a major boost in the coming Budget if Indian agriculture is to be climate-resilient.

This story is from the January 06, 2025 edition of Financial Express Lucknow.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 06, 2025 edition of Financial Express Lucknow.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FINANCIAL EXPRESS LUCKNOWView All
Financial Express Lucknow

Steel import duty may lead to steep price hike

STEEL PRICES IN 2025 would be much higher than last year's if the proposed safeguard duty on steel imports is imposed by the end of next month, rating agency Crisil said on Wednesday.

time-read
1 min  |
January 09, 2025
Financial Express Lucknow

DPIIT Looks at Policy Tweaks to Boost FDI

The Department for Promotion of Industry and Internal Trade (DPIIT) held a consultation with stakeholders on Wednesday on ways to increase the inflows of foreign direct investment (FDI) by carrying out required changes in regulations.

time-read
1 min  |
January 09, 2025
Financial Express Lucknow

Gold imports overstated by $11.7 bn in Apr-Nov: Govt

Losing Sheen

time-read
2 mins  |
January 09, 2025
Financial Express Lucknow

BP bags contract to operate ONGC's Mumbai High field

Besides new projects, ONGC focuses on enhancing output of mature fields like Mumbai High

time-read
1 min  |
January 09, 2025
Financial Express Lucknow

Digital farmer ID must to apply for PM Kisan benefits

● States requested to upgrade land records

time-read
1 min  |
January 09, 2025
Financial Express Lucknow

Nvidia Unveils New Tech for Gamers

● Also Announces First Desktop PC

time-read
2 mins  |
January 08, 2025
Financial Express Lucknow

Nvidia unveils new tech for gamers

● Also announces first desktop PC

time-read
1 min  |
January 08, 2025
Financial Express Lucknow

Samsung CEO touts AI fridges & washers

SAMSUNG ELECTRONICS IS ramping up investment in AI for consumer electronics, betting on its ubiquitous presence in gadgets from smartphones to TVs to help it stake out a spot in the AI arena.

time-read
1 min  |
January 08, 2025
Financial Express Lucknow

HMPV: Centre asks states to step up surveillance of respiratory illnesses

Two suspected cases of the virus were reported from Nagpur, taking the total number to seven

time-read
1 min  |
January 08, 2025
Financial Express Lucknow

Only 1 in 5 Sees Household Income Rising in '25: Study

ONLY 24% OR 1 out of every 5 Indians expects their household income to rise in 2025, a survey released on Tuesday showed.

time-read
1 min  |
January 08, 2025