• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Wednesday, September 10, 2025
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Economy

India Cannot Achieve Developed Nation Status with ‘Backward Agriculture’: Bayer’s South Asia President

South Asia head of the German chemical giant, Bayer, has recently expressed serious concerns regarding the challenges in India's agricultural sector.

by Economy India
September 13, 2024
Reading Time: 5 mins read
Revolutionary reforms are essential to elevate the country's agriculture sector and ensure India's status as a global player by 2047.

Revolutionary reforms are essential to elevate the country's agriculture sector and ensure India's status as a global player by 2047.

SHARESHARESHARESHARE

Revolutionary reforms are essential to elevate the country’s agriculture sector and ensure India’s status as a global player by 2047.

Author: Laxmi Devi Aire

ADVERTISEMENT

PANIPATH (ECONOMY INDIA ): The South Asia head of the German chemical giant, Bayer, has recently expressed serious concerns regarding the challenges in India’s agricultural sector. He stated that if India aspires to become a “developed nation” by 2047, significant reforms in the agricultural sector are essential. At present, due to outdated farming methods, India is not fully utilizing its agricultural production capacity. This could pose a major hurdle to the country’s future development.

Challenges in Indian Agriculture

The president of Bayer pointed out that due to backward technologies and traditional farming methods, Indian farmers are not reaping the full benefits of agriculture. A lack of sufficient technological advancement in farming has made India’s agricultural production less competitive on the global stage. To improve farmers’ incomes, maximize resource utilization, and enhance production capacity, it is essential to adopt cutting-edge technologies.

Appreciation of Government Efforts

However, he also acknowledged the efforts being made by the Indian government to modernize the agricultural sector. Referring to initiatives like the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) and the Pradhan Mantri Krishi Sinchai Yojana (PMKSY), he noted that these schemes are vital steps towards supporting farmers. The government’s measures to improve agricultural technology, irrigation, and crop protection show promise for improving the current situation.

farmer 7593
Revolutionary reforms are essential to elevate the country’s agriculture sector and ensure India’s status as a global player by 2047.

Bayer’s Contribution

Bayer, a leading chemical and agricultural product company, is actively working to raise awareness among Indian farmers about modern agricultural technologies and tools. The company believes that with technological advancements, farmers’ productivity and income can be significantly improved. Bayer’s products, including pesticides, seeds, and crop protection solutions, play a key role in boosting the production capacity of Indian farmers. The president revealed that the company plans to enhance its research and development efforts in India to make agriculture more efficient and sustainable.

Suggestions for Modern Agriculture

He further suggested that farmers should embrace modern agricultural techniques such as precision farming, drone technology, and data-driven farm management. These technologies can not only increase production but also ensure optimal use of resources. He emphasized that the use of digital technology could assist farmers in gaining real-time information about their crops, receiving timely advice, and establishing direct market links.

Need for Sustainable Agriculture

He also highlighted that merely increasing production is not enough; it is equally important to focus on environmental protection and the sustainable use of resources. With the growing impacts of climate change, there is a need for farmers to adopt sustainable farming practices.

The Bayer president clearly stated that if India is to become a developed nation by 2047, massive changes in the agricultural sector are required. By abandoning outdated practices and making proper use of modern technologies and resources, India can become globally competitive and move from being an agrarian nation to a developed one. Positive outcomes in this direction can only be achieved through collaboration between the government and the private sector.

Quote “India cannot tread the path to becoming a developed nation by 2047 with backward agricultural practices. We must modernize farming, and collaboration between the government and the private sector is crucial.” – Bayer South Asia President.

This article emphasizes the importance of modernizing agriculture and technological advancements, which are essential for India’s progress in the future.

economy india largest media on indian economy business maroon 1 1024x742 5
Economy India Largest Media on Indian Economy & Business

What is the Government Doing?

The Indian government has introduced several key policies and schemes aimed at modernizing and developing the agricultural sector. These initiatives focus on increasing farmers’ incomes, boosting agricultural production, and making agriculture more sustainable and competitive. Here is an overview of some important government efforts:

  1. Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme: Under this scheme, small and marginal farmers receive direct financial assistance of ₹6,000 annually. It aims to improve farmers’ income and strengthen their financial situation in agriculture.
  2. Pradhan Mantri Krishi Sinchai Yojana (PMKSY): The objective of this scheme is to provide “water to every farm” through efficient irrigation facilities. It includes water conservation, management, and the promotion of micro-irrigation techniques such as drip and sprinkler systems to save water and increase production.
  3. Agriculture Infrastructure Fund: This scheme provides farmers with loans and subsidies for building storage facilities, cold storage units, and other agricultural infrastructure. The goal is to ensure better storage and marketing of agricultural products so that farmers can get fair prices.
  4. e-NAM (National Agriculture Market): This is an online portal that allows farmers to sell their products directly. It provides better access to markets and reduces the dependency on middlemen.
  5. Pradhan Mantri Fasal Bima Yojana (PMFBY): This crop insurance scheme provides compensation to farmers in case of crop failure due to natural calamities, pest attacks, and other risks.
  6. Soil Health Card Scheme: This scheme helps farmers by providing information about soil quality, which helps them decide the most suitable crops for their land and the right fertilizers to use.
  7. Kisan Unnati Yojana: This scheme promotes agricultural research and technological innovation to increase farmers’ productivity.
  8. Digital Agriculture Mission: Launched to integrate digital technologies into agriculture, using AI, blockchain, satellite imagery, and IT services to provide farmers with crucial information about crop status, weather forecasts, and market prices.
  9. Farmer Producer Organizations (FPOs): The government is encouraging the formation of FPOs, enabling small and marginal farmers to collectively sell agricultural products and resources.
  10. Agriculture Export Policy This policy aims to boost the export of agricultural products, linking the Indian agricultural sector with the global market.

These efforts by the Indian government aim to modernize agriculture and make it more competitive on a global scale, ensuring a sustainable future for farmers and the country’s agricultural sector.

(Economy India)

Source: Economy India
Tags: Agricultural ReformsIndia Cannot Achieve Developed Nation Status with 'Backward Agriculture': Bayer's South Asia PresidentIndian AgricultureModern FarmingPrecision Agriculture
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

India Reaffirms WTO-Centric Fair Trade System at SCO Ministers’ Meet, Showcases Digital Public Infrastructure
Economy

India Reaffirms WTO-Centric Fair Trade System at SCO Ministers’ Meet, Showcases Digital Public Infrastructure

September 8, 2025
For now, India remains resolute. As Puri concluded: “Our duty is to the Indian consumer. We will continue to act responsibly, but always in India’s interest.”
Economy

India Hits Back at U.S. on Russian Oil: “Followed Global Rules, Stabilized Market”

September 7, 2025
Designed in India, Made in India, Trusted by World: PM Modi at Semicon India 2025
Economy

Designed in India, Made in India, Trusted by World: PM Modi at Semicon India 2025

September 2, 2025
India-China Relations on the Path to Normalcy: Trade, Border Issues, and the Road Ahead
Economy

India-China Relations on the Path to Normalcy: Trade, Border Issues, and the Road Ahead

September 2, 2025
US Appeals Court Declares Most Trump Tariffs Illegal, But Stays Enforcement: What It Means for India’s Exports and Global Trade
Economy

US Appeals Court Declares Most Trump Tariffs Illegal, But Stays Enforcement: What It Means for India’s Exports and Global Trade

August 30, 2025
India-China Trade Deficit Hits $99.2 Billion: Strategic Challenges and Opportunities Ahead
Economy

India-China Trade Deficit Hits $99.2 Billion: Strategic Challenges and Opportunities Ahead

August 30, 2025
Next Post
Zuno General Insurance Ltd, a new-age digital insurer, has appointed Mr. Jackson

uno General Insurance Appoints Jackson Jacob as Chief Distribution Officer

I AM PEACEKEEPER I AM PEACEKEEPER I AM PEACEKEEPER
ADVERTISEMENT

LATEST NEWS

VisionSpring Foundation and Optician India Host VisionConnect 2025 at International Optics Fair to Catalyse India Clear Vision Mission

PM Modi Announces ₹3,100 Crore Relief Package for Punjab and Himachal Pradesh After Flood Survey

Rupee Opens Stronger at 87.95 Against Dollar Amid Positive Equities, Trade Concerns Cap Gains

Apple Set to Launch iPhone 17 Series: World’s Thinnest iPhone Expected, AirPods Pro 3 with Heartbeat Tracking Likely

IIM Bangalore Tops in India, Rises to 28th Globally in FT MiM 2025 Rankings

India Reaffirms WTO-Centric Trade System, Pushes Digital Infrastructure and Fair E-Commerce at SCO Trade Ministers’ Meeting

Asia Cup 2025: First Big Test for Team India After Kohli-Rohit Retirement

Chhattisgarh’s Bastar to Host ‘Investor Connect’ on September 11: A New Frontier for Regional Growth

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved