Agritech is at the forefront of solving and organizing the fragmented agriculutral industry with tech-first approach which can steer investment to build new markets and create high-quality jobs. Discuss.

Topic: e-technology in the aid of farmers.

5. Agritech is at the forefront of solving and organizing the fragmented agriculutral industry with tech-first approach which can steer investment to build new markets and create high-quality jobs. Discuss. (250 words)

Difficulty level: Moderate

Reference: Down to EarthInsights on India

Why the question:

In over 120 countries, investments in agritech, edtech and energy-related technologies are considered the most strategically important over the next 10 years. Green and social sectors, including agriculture, education, health and energy, need to create an additional 76 million jobs by 2030, stated two new reports released by the World Economic Forum.

Key Demand of the question:

To write about the potential of Agritech in India.

Directive word: 

Discuss – This is an all-encompassing directive – you must debate on paper by going through the details of the issues concerned by examining each one of them. You must give reasons for both for and against arguments.

Structure of the answer:

Introduction: 

Begin the answer by writing about the growing trend of Agritech in India. Cite statistic to substantiate.

Body:

First, mention the potential of Agritech in India – empowering farmers, small agrifood operators, and giving consumers a better deal, growing footprint and reduced wastage etc.

Next, write about bottlenecks faced by Agritech – policy issues, funding, regulation etc.

Next, mention the need for a robust policy to ensure there is smooth transition of businesses and employees from the informal to formal sector through upskilling, financing initiatives etc.

Conclusion:

Conclude by mentioning positive steps that are needed for companies involved in the agricultural ecosystem.