ISSN (Print): 2395-1737

International Journal of Academic Research & Development

Published by Bharti Publications, Established-2015

Research

Agribusiness Scenario and Scope in India

Dr. Sunita Pooniya*, Adithi mam*

* Corresponding author

Abstract

India’s agricultural culture and region specific climate contribute significantly to global food baskets. India has diverse food culture and history, it consists of wide variety of cuisines full of spices, flavor and intoxicating aromas. Indian curry, pickles, snacks and spices are known around the world for their excellent quality for fairly long time. Agriculture is a major source of livelihood for about 58% of the country’s population. Total value added collectively by agriculture, forestry and fisheries is estimated at Indian Depository Receipts (IDR) 1853 trillion (US $27.100 billion) in 18 fiscal years, especially in the food processing industry. This paper attempts to study the goals set and efforts being made by the Indian government to boost agriculture based industry and allied activities. It also evaluates the efforts of the Government made previously, their effectiveness, achievement and the bottlenecks identified and resolved. This is an analysis of the key aspects of the Indian economy and the impact of various existing and new policies on key industries and sectors linked to Agriculture. The insights of the paper might be useful to reassess and analyze the commitment of the Government of the day to double the farmer’s income by 2022.

Keywords: Agribusiness, Sustainability, Fork-to-farm, Agricultural Growth