December 08, 2025 08:25 pm (IST)
Follow us:
Indian agriculture needs to increase productivity by leveraging technology: Jaitley
New Delhi, Jan 4 (IBNS): Union Finance Minister Arun Jaitley on Monday said that the key challenges faced by the Indian agriculture are the need to increase productivity by leveraging technology-especially for high yielding and resistant variety seeds and efficient utilization of water, adapt latest IT to increase resilience to nature by phasing sowing, watering and harvesting and to increase the price benefits to the farmer by providing timely market information.
Jaitley said that these challenges can be addressed by revisiting the incentive structure of farming, use latest technology to raise productivity, reduce wastages and enhance earnings as well as to improve marketing of farm produce.
While speaking during his first Pre -Budget Consultative Meeting with the representatives of Agriculture Groups here on Monday, Jaitley said there is a need for more investment in agriculture sector.
Jaitley further said that the performance of Agriculture Sector during three out of the last four years (2015-16, 2014-15, 2012-13) has not been good mainly due to inadequate monsoons. As per the estimates of GDP for the second quarter (July-September) of 2015-16, the Minister said that agriculture, forestry and fishing sector grew by 2.2 percent as compared to growth of 2.1 percent in the corresponding period of 2014-15.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
$2 billion mega deal! HD Hyundai to build shipyard in Tamil Nadu — a game changer for India
Mon, Dec 08 2025
Protinex, Farex, Dexolac under Tata? Massive deal in final stages
Mon, Dec 08 2025
Manohar Lal reveals how AI, Machine Learning will completely revolutionize India’s power sector
Sun, Dec 07 2025
India’s UPI is going further global! 8 new countries in talks for payment revolution
Sat, Dec 06 2025
Netflix to acquire Warner Bros. for $82.7 billion — the entertainment world will never be the same
Sat, Dec 06 2025
How to Use a Savings Account Interest Calculator to Maximize Savings
Fri, Dec 05 2025