Outcome-based subsidies are vital for innovation: Experts

Subsidies based mostly on outcomes fairly than input-oriented would be the very best way to go forward for promoting innovation, professionals said, whilst participating in a panel discussion at the BusinessLine Agri Summit here on Friday.

“Outcome-based mostly subsidies can be a driver for bringing in technological know-how into Indian farming. For instance, Nabard earlier made use of to give tasks which are input-oriented. Now, Nabard modified it. Now, its tasks insist on outcomes and the renumeration is now connected to the end result,” said M L Jat, Principal Scientist and Programs Agronomist at the Global Maize and Wheat Improverment Heart.

“When we discuss about technological know-how, the impact we have is that technological know-how could be panacea for agriculture. That is not necessarily the situation. There are a lot of stakeholders in agriculture. Prioritisation is key when technological know-how is imagined of,” said Sandeep Malhotra, Chief Government Officer of IFFCO Kisan, whilst talking at a panel discussion moderated by N Madhavan, Senior Associate Editor of BusinessLine.

Altering farmer way of thinking is very significant, Malhotra said. Providing the instance of agricultural extension workers who are at the moment all-around one.five lakh in the region, Malhotra said at the moment they achieve out to 25-30 farmers just about every. Can technological know-how be made use of to increase the number to 100 or more?, he questioned.

He said IFFCO Kisan geomap just about every and every farm they do the job with. “There are about five lakh farmers on board at the moment and we are in a improved placement to effects them meaningfully,” Malhotra said.

Footprint in Africa

Naveen Chaurasia Vice-President of OLAM, said: “Our motto is very very similar to that this conference, which is Re-Imagining India’s Agriculture.” Citing the instance of Ivory Coast, where by OLAM started off performing very early on, Chaurasia said the African region made available them an space which is minimum successful to do the job on. “We have a whole lot of farming footprint in Africa. Significantly Ivory coast. The space supplied to us by the Ivory Coast federal government was weak and minimum successful. We labored with two,000 farms. We were being offering them advisories, everything that they need for carrying out farming, improve cotton in a sustainable manner, with least fertilisers, pesticide and h2o. The farmers were being finding a generate of improved good quality cotton of 260 kg per hectare which went up to 560 kg a hectare right after our intervention that as well with 50 per cent fewer h2o and other agri inputs,’’ Chaurasia said.

What is need is to marry farm systems with policy help. We need to give farmers a bouquet of applications that can give them a plethora of chances,” said V Ramanathan of Rallis India. He reminded the audience how the crop productivity of cotton saw a magnificent increase in the a long time pursuing the introduction of Bt cotton in 2002.

M Jawaharlal, Director of Extension Training at Tamil Nadu Agricultural University, said a whole lot of systems are readily available whether or not they do the job is the problem.

He said TNAU imparts instruction to a number of youth to become entrepreneurs in the food space. Providing the instance of marigold cultivation in Tamil Nadu, which TNAU launched, he said farmers even with modest patches of land are earning improved as the rate of the bouquets, which is also made use of for extracting a pigment, went significantly.