Technology in Agriculture
The role of blockchain and how it can impact the Agritech sectoredit
The Indian Agritech sector grapples with a multitude of challenges, ranging from supply chain inefficiencies to transparency issues and limited access to credit and markets. These challenges come at a cost, with staggering financial implications. According to recent studies, the Indian agricultural industry suffers an estimated double digit percentage food wastage due to inefficient supply chains, resulting in an annual loss of approximately INR 92,000 crore ($12.4 billion). Additionally, excessive fuel consumption in agriculture contributes to high operational costs, with an estimated 20% to 25% of total expenses being allocated to fuel consumption
Paddy in India
Millers sceptical over ‘substandard’ paddy in Odishaedit
Koraput millers are in two minds over participating in the ensuing rabi paddy procurement process as they claim the quality of paddy this season, is substandard. Sources said the district administration has scheduled paddy procurement in Jeypore and Koraput sub-divisions from June 3 for which around 20 Lamps, 15 self-help groups (SHGs) and three panipanchayats have been put to service.