AgTech Assisting Farmers of the Future

Technology’ as a broad concept has always had a large role to play when

AgTech Assisting Farmers of the Future

‘Technology’ as a broad concept has always had a large role to play when
it comes to easing out tensions and crinkles in age-old systems. ‘AgTech’
is a more specific category within the ‘technology’ spectrum and
provides broad assistance to the industry of Agriculture. The Agricultural
Industry is one that supports around 43% of India’s employment, hence it
is also one of the most important economic sectors along with being our
prime source for sustenance.
Farmers have started to get educated, informed, and equipped with the

inner workings and benefits of the virtual world with a digital integration
in their daily agricultural tasks. There are multiple ways in which AgTech
proves to be a supporting pillar for farmers, enabling them to be future-
ready and exceedingly aware of the benefits technology can provide them
with.
1. Integrating technology with Farm Management:
Farm management cannot be considered an easy task. They require
knowledge and understanding about the varying nature of different crops
as every crop has differed needs. They require inputs and advisory on
practices to be followed. AgTech assists farmers in taking forward the
best suited agricultural practices, in turn increasing efficiency. With
Technology comes Efficiency, where farmers will be able to manage their
crops and produce more effectively, mitigating various risks and working
on a centralized database where they are informed and educated about the
processes to follow, along with optimising on-farm resources, which are
generally a scarcity, for these various crops to ensure the maximum yield.
Integrating technology with daily agronomic activities would allow
individuals to focus more on the bigger picture, focusing on Sustainable
Agriculture, Climate Resilience and Traceability.

2. Financial Independence:
A technology platform, like FarmERP, can help farmers increase their
income and hence buying and selling capacity as well, along with
providing them with various cost analysis assistance, so that the funds

can be allocated in the right manner for every task the farmer carries out,
or every purchase that is made. Along with this, Farmers are being guided
towards forming FPC’s/FPO’s (Farmer Producer Companies /
Organisations) which will allow them to carry out the processes of post-
processing and production, along with manufacturing and selling of the
produce on their own through the FPO’s, adding a profitable value.
3. Digital Agricultural Supply Chain:
AgTech works towards the establishing of a Digital Agricultural supply
chain, where dots are connected, making the entire processes exceedingly
streamlined. Stakeholders are being brought onto this single technological
platform. Through the access of technology, farmers are able to expand
their buyer base, reach an exceeding number of consumers and increase
their profitability as well. In this case, not only do the production
processes become more efficient, but even the selling the produce to an
increasing number of profitable sources. Platforms like E-Mandis are also
gaining importance as of today and are working towards the creation of a
uniform national market for agricultural commodities in turn, increasing
the consumer base for farmers and individual farmers who can then deal
(theoretically) directly with the entire country.
These are only a few ways in which technology is integrated with
agriculture and can help individual and small farmers along with
providing assistance to the entire value chain, while also setting benefits
to contract farmers, Corporates, R&D institutions, funding agencies, trade
bodies, FPO’s and Government bodies as well. According to an article by
The Economist, ‘In the short run, these improvements will boost farmers’
profits, by cutting costs and increasing yields, and should also benefit
consumers (meaning everyone who eats food) in the form of lower prices.
In the longer run, though, they may help provide the answer to an
increasingly urgent question: how can the world be fed in future without
putting irreparable strain on the Earth’s soils and oceans?’
The way forward for future farming processes and farmers, along with
various Agri-related sub-verticals seems to be digital and beneficial not
only for various Agriculture stakeholders, but majorly for small farmers
and labourers, converting them into farm owners as well.

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