An Overview of Agri-Entrepreneurship Development in India

Agriculture plays a predominant role in India as for about 58% of the total population is dependent on agriculture for their livelihood. And India being second largest populous country in the world, the demand for food grains is exponentially increasing and hence there is a great demand for agricultural inputs and allied services like warehousing and storage and many more. This development has been able to give solution to many of the traditional farmer problems like poverty, unemployment, and migration etc through the emergence of agri-entrepreneurship. Agri-entrepreneurship or agri-preneurship is adopting the skills, technology, innovative ideas in the field of agriculture by efficient and effective utilisation of resources in order to optimise the profits of farming business by engaging in agri-entrepreneural activities. Developing agri-enterprises and transforming larger mass of the farmers into agri-entrepreneurs is going to bring phenomenal changes in our economy through sustainable development and growth.