Additional Chief Secretary (Agriculture & Marketing), Retired, 1101/02, Progressive Crest, 102, Sector 11 Koperkhairane, New Mumbai - 400709
*Corresponding author: sudhirkumargoel@gmail.com
Online Published on 30 April, 2022.
Agriculture is a vocation which encompasses a long chain of activities which have to be integrated in such a manner that the value is added in a seamless manner at each of its stage from production to marketing and ultimately to the consumption of its produce. A value chain enterprise would draw upon the expertise, inputs and services embedded into long chain of verticals in the market. More than this, new products will have to come in the market to make a horizontal integration seamless and less painful. For example, IT platforms, products using remote sensing technologies, AI, block chains would be helpful to strike such an integration at a least transaction cost. However, several success stories in value chain indicates that a social entrepreneur need not wait for such products coming in the market, a beginning can always be made at a small scale with relatively smaller geographies and limited number of farmers.
Farmer's income, Risk mitigation, Scaling up, Social enterprise, Value Chain