Agriculture Innovation

Govt keen to work with Agritech entrepreneurs

The sector is witnessing the emergence of unique themes such as hyperspectral data analysis.

The agricultural sector in India is undergoing a remarkable transformation, driven by rapid advancements in technology and innovative practices.

This evolution is further accelerated by the significant presence of Agri-Start-ups and private sector entities equipped with cutting-edge technological capabilities.

The integration of a robust Digital Public Infrastructure, harnessing the potential of the Internet of Things, Artificial Intelligence, and Machine Learning, has already demonstrated promising outcomes in this domain.

Additionally, the sector is witnessing the emergence of unique themes such as hyperspectral data analysis, photo-analytics, and the retrieval of precise weather parameters through geostationary satellites. Segmentation techniques and parcel-level crop mapping are providing unprecedented insights, thereby enhancing the efficiency and precision of agricultural practices. These collective advancements signify a pivotal moment in agriculture, ushering in an era of unprecedented productivity and sustainability.

Consequently, the Ministry of Agriculture and Farmers Welfare is taking strategic steps and initiatives to ensure that the exponential growth in the Agri-tech sector is appropriately leveraged for the benefit of farmers across the country.

In order to leverage these innovations, the Ministry of Agriculture and Farmers Welfare has constituted a screening committee that comprises experts in the field from esteemed institutions such as IITs, IIMs, IISc, IISERs, etc. This also has domain experts and experts from the industry. This committee will evaluate innovative solutions that directly impact the well-being of farmers. For this, the Ministry of Agriculture and Farmers Welfare has prepared a set of problem statements on which the proposals are being invited from the such interested entities.

This has open an avenue for the entities who are working or willing to work in the agriculture sector and apply their innovative solutions to address the inherent challenges of the sector.

The agri-tech sector has seen exponential growth over the last decade due to young talents who are earnestly working for the sector. One of the challenges faced by such entities is the lack of reliable data and strategic guidance from the sector.

The Ministry of Agriculture and Farmers Welfare will shape and provide opportunities to all such entities by providing them the necessary support in the form of the ecosystem to pilot their solutions and perfect to effectively address the challenges If the solutions is innovative then these may be implemented at nationwide.

The Ministry will invite Expressions of Interest (EoI), and proposals on the problem statements from Agri techs, start-ups, etc. to collaborate and share their expertise with the government. This inclusive approach seeks to facilitate a dynamic exchange of ideas and knowledge, ensuring a comprehensive approach to advancing the agricultural sector.

The committee will seek presentations from potential collaborators, aiming to identify specific technologies and targeted interventions that align with the unique demands of the Indian agriculture landscape. Rigorous evaluation, including a comprehensive assessment of the concept, value proposition, and action plan, will be undertaken to gauge the feasibility and scalability of proposed initiatives.

Based on this assessment, the committee will make informed recommendations, identifying suitable entities for collaboration with the Ministry. In certain cases, pro-bono partnerships may be encouraged, particularly for piloting innovations and subsequently scaling them up.

Through these concerted efforts, the committee aims to drive significant progress and innovation in the agricultural domain, ultimately benefiting farmers across the nation.

  • PIB