The Indian agriculture market is estimated to be worth INR 18,367 billion (2019) Currently, India ranks within the world’s five largest producers of over 80% of agricultural items, including many cash crops Easy availability of credit is a major driver of the Indian agriculture industry Many farmers and agribusinesses do not have access to timely and suitable credit leading to lower production...
The agriculture sector contributes significantly to the Indian economy in terms of revenue and employment It makes for around 16% of the Indian GDP and 4149 percent of the workforce employment But farming and related commercial activities are tough It requires labour, supplies, land, and equipment It also faces risks like vagaries of weather, shrinking farm sizes and pest infestation Limited...