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Development of Agripreneurship

The document discusses agripreneurship in India, including challenges faced by agripreneurs and future prospects. Agripreneurship involves entrepreneurs bringing innovative ideas to improve agricultural practices. The summary discusses common challenges faced in establishing agribusinesses like access to funding and infrastructure issues, and how agripreneurs could help diversify income and utilize resources to boost agricultural sector growth.
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0% found this document useful (0 votes)
43 views17 pages

Development of Agripreneurship

The document discusses agripreneurship in India, including challenges faced by agripreneurs and future prospects. Agripreneurship involves entrepreneurs bringing innovative ideas to improve agricultural practices. The summary discusses common challenges faced in establishing agribusinesses like access to funding and infrastructure issues, and how agripreneurs could help diversify income and utilize resources to boost agricultural sector growth.
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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AGRIPRENEURSHIP IN INDIA: CHALLENGES AND FUTURE PROSPECTS -R


RAHUL, 1711273, 6 B.Com. Honours 'C'

Article · February 2020

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AGRIPRENEURSHIP IN INDIA: CHALLENGES AND FUTURE
PROSPECTS
-R RAHUL, 1711273, 6 B.Com. Honours ‘C’

ABSTRACT:

India is an agrarian country with a vast availability of land for agricultural activities and huge
population is depending on the agriculture and its allied businesses. The Agripreneurship is the
concept of the Entrepreneurship in agricultural sector, brought in by the people with innovative
ideas to develop the existing practices for a better productivity. This study discusses about the
concept of Agripreneurship, challenges these Agripreneures are facing for their proper
establishment and future prospects of these entrepreneurs to flourish and give a tremendous
growth in the agricultural sector by overcoming all the problems currently faced by the people
in agricultural sector as it has the potential to overcome problems like diversifying income,
generating growth, greater employment, new technology and optimum utilization of the
resources available. There has been inclusion about various schemes available for their
promotion and finally on how Indian agricultural sector can take benefit from these
agripreneures.

KEYWORDS: Agripreneurship, Entrepreneurship, Agri-Business, Economic Development,


Farmers Upliftment, etc.

1. INTRODUCTION

Entrepreneurship plays a vital role in bringing in new technologies, innovations and


economic changes as a whole in a country. There are various examples in the world on how
big the companies have grown which was once started as a start-up with the idea of
Entrepreneurship for basic objects like employment and bringing in innovation (Singh &
Pravesh, 2017). In recent years the great economies are understanding the importance of
entrepreneurship promotion as it gives a scope of great development by solving an existing
problem in the society (Uplaonkar & Biradar, 2015). Various schemes are being brought
up by the government to promote these entrepreneurs, such as Make in India & Start-up
India initiatives by the Indian government. There are various types of entrepreneurship
depending on the field they are in, such as tourism, automobile, textile, software, food
processing, consultation and as many as we can think of businesses existing in any field
(Singh & Pravesh, 2017). The main problem these Entrepreneurs face at the initial stage is
the funding for their project as there are various challenges involved in convincing the
funding agencies to accept the idea and start funding. Even though there are various
schemes for their promotion it is not effectively executed which leads them to face initial
challenges in getting funds (Verma, Sahoo, & Rakshit, 2019). But once their enterprise
flourishes, it comes through various opportunities to expand as well as to go global. The
globalization has provided them great opportunities by opening up a way to exchange ideas,
innovation, and technology (Singh & Pravesh, 2017).

In India, the majority of people depend on the agricultural sector as a livelihood.


This sector contributes about 14-20 percentage to the total GDP of the economy and
employs about 60% of the population of the country (Chand, 2019)(Kumar, 2017).
Agriculture all over the world is going through a phase of transition. In this ever-changing
scenario, agriculture is taking a new shape and expanding its scope beyond the limits of
mere crop cultivation and animal husbandry for the livelihood of the rural population
(Verma et al., 2019). Activities like diversification, value addition, precision farming, high-
tech agriculture, agripreneurship, global marketing, organic farming, etc. are gradually
getting due attention of people involved in redefining agriculture (Reddy & Krishna, 2018).
Though there is a significant development in this sector through initiatives taken by the
government, the development is not satisfactory as the results are poor than expected. There
has to be more growth to attain an overall economic development as agriculture is
considered to be the backbone of the economy as a huge percentage of population is
depended on this sector. Moreover, this sector is always having risk from natural factors as
late monsoon, heavy rain, and cyclone, etc. (Merriott, 2016). Other than these factors,
various other factors like farmer indebtedness, lack of financial resources for the
commencement of farming activities, poor infrastructure for storage and transportation,
weak marketing, and middlemen advantages (Weekly & Weekly, 2019). Various solutions
and ideas are being brought up for these problems but their proper execution is still a
question mark as the people lag behind in knowledge and they need proper guidance for
better initiatives.

This is where the concept of Agripreneures comes into the picture. To promote
economic development in post-liberalization-reform in India, central and state
Governments has been formulating growth and development policies that encourages
entrepreneurship and self-employment (Verma et al., 2019). To improve the effectiveness
of these policies, it is important to understand how regional factors influence an individual's
decision in shifting from employment to being self-employed (In, For, & Development,
2016). The occupational transition from salaried employment to self-employment is an
important in developed economies as at a particular stage their GDP stops growing but
these entrepreneurs can still make further development by exploring hidden opportunities
and contribute this to GDP. To make a real economic difference a substantial number of
individuals must shift from employment to self-employment (Verma et al., 2019). India is
still considered to be an agrarian economy, which implies us to safeguard that name. This
can only be achieved by proper development in that Agricultural sector. India’s agricultural
produce from a hectare of land is just half of that of other countries (Dayakar Rao et al.,
2010). This demands the introduction of a modern way of farming which is sustainable and
good for the economy. This actually needs new ideas and innovation as well as more funds
for these entrepreneurs as this can only be achieved from these Agripreneures with their
enthusiasm to bring in new technology & innovative ideas to grab the market as soon as
possible (Uplaonkar & Biradar, 2015).

1.1. Key definitions

1.1.1. Agripreneurship

Agripreneurship is defined as “generally, sustainable, community oriented, directly


marketed agriculture. Sustainable agriculture denotes a holistic, system oriented
approach to farming that focus on the interrelationships of social, economic &
environmental process” (Uplaonkar & Biradar, 2015).

1.1.2. Agripreneure

Agripreneure is defined as “Entrepreneur whose main business is agriculture or


agriculture-related” (Uplaonkar & Biradar, 2015).

AGRICULTURE + ENTREPRENEUR = AGRIPRENEURE

1.2. Types of enterprises

1.2.1. Farm level producers

This states about the considering every individual family as a venture and equipping
them proper technology and finance to enhance their production by best utilizing the
resources.

1.2.2. Service producers

There are different types of service providing enterprise and their needs are very
essential in rural areas. The common services like input and financial borrowing, hiring
various equipment like tractors, threshers, sprayers, seed driller, harvester, etc. in
different stages of agriculture and other scientific services like irrigation facility, weed
curb, plant security, yielding, warehouse, etc. similarly there are opportunities which
exist in livestock husbandry sector like breeding, immunizing, diagnosing and
treatment of diseases, etc.

1.2.3. Input producers

There is good demand for the input producers especially in case of agriculture. Input
like mineral amendment in soil, bio fertilizers, vermicompost, manure, biopesticides,
seeds for various fruit and vegetable species, irrigation accessories, mineral mixture,
etc.

1.2.4. Processing and marketing of farm produce

Well-organized post-production process management requires both a higher level of


knowledge and investment. Such a venture can be handled either in the form of
cooperatives, service joint stock companies or societies. The most productive instances
are the sugar cooperatives of dairy cooperatives and cooperatives of fruit growers in
many states. However, the success of such undertaking depends exclusively on the
reliability and capabilities of the involved leaders. Such an undertaking needs good
specialized support to run the activity as a competitive trade and to compete well with
other market players, mainly retail and intermediate traders (Uplaonkar & Biradar,
2015)(Chand, 2019).

2. LITERATURE REVIEWS

India being a country where there is a huge dependency on agricultural produce and
it almost contributes approx. 25% to the GDP of the country (Verma et al., 2019). Still the
country is lagging behind in promotion and development of the Agricultural Sector. The
statistics shows the decline in productivity and reach of government incentives toward the
farmers (reduced investment) leading them to face a lot of problems for survival. After the
1990s agricultural sector had been facing a lot of problems due to improper regulation,
disinvestment, over-dependence, old technology, and other natural reasons (Merriott,
2016).

Concept of agripreneurship is about bringing in Entrepreneurship in the agricultural


sector to bring innovative strategies and various business ideas to support the existing
farmers and other individuals depending on the agricultural produce. It is all about
supplying them with various latest technologies, giving awareness on the incentives
available and upgrading the agricultural process from their old techniques to increase yield
from crops (In et al., 2016; Verma et al., 2019).

Agripreneurship as one of the best types of Entrepreneurship as it is having a great


scope in a vast country like India. As major population of India is depending on agriculture
and its allied businesses whose basic income is from such activities like farming and value
addition and marketing. These agripreneures has a good scope of establishing a business
for both giving them good resources for better agricultural produce & development of that
village as a whole (Singh & Pravesh, 2017).

Different authors from different study have stated the opportunities for the
entrepreneurs entering into the agriculture sector and this is the only way to pull out the
hidden resources which are untapped till date in the rural areas and use them optimally
which will contribute directly for the growth of the nation (Verma et al., 2019). During the
1950-51 agricultural sector contributed nearly 51% of the total GDP of the county but now
it fell way long due to negligence and increasing focus towards manufacturing and service
sectors (Verma et al., 2019).

Agripreneures can have their business ideas spread over various activities like in
the production of raw materials for agriculture, fertilizer & manure, entering into organic
farming, marketing of agricultural produce, making sales on behalf of the farmers at a good
price, financing the farmers during an emergency and many more (Merriott, 2016; Verma
et al., 2019).

The focus of this review is to bring out the needs and potentials of such
entrepreneurs who can change the whole sector into a completely different one. The
government is also giving a lot of importance in promotion of innovation in agricultural
sector and welcoming entrepreneurs to start up new firms. Already there had been 60 Agri
export zones set-up where these firms can operate with tax benefits and generate good
revenues. These firms are usually given tax exemptions and better subsidies for the raw
materials they require (Weekly & Weekly, 2019).

One of the articles reviewed discussed about the tribal youth who has good potential
in doing agriculture but the lack of opportunities is depriving their potential skills. It is also
known that 10% of the area of the country is under the hands of the tribal group which can
be well utilized for various types of farming like substance and normal farming purposes.
This will uplift their position economically. Author things that agripreneures can play a
vital role in giving them better opportunities for development (Dash & Mahra, 2018).

The other article which is "Review on organic farming as a potential sector for
agripreneurship development" revolves around the same tribal youth who has a great
potential to flourish in agricultural sector. This study took the Case of Odisha state where
agriculture was not so effective and the sustainability was poor and this was leading to
underemployment of resources as well as unemployment in the state. Author wants the
tribal youth to become the new entrepreneur of the place and become self-employed and
even develop the other people in and around their area with possible opportunities given to
them (Dash & Amardeep 2018).

The need to develop in fields of Agribusinesses rather directly focusing on the


agriculture sector has been discussed by author in this article. Their idea is the develop and
promote agribusinesses which in turn automatically promote the whole agricultural sector
as they feel that these businesses won't allow the agriculture to go down as its where their
basic raw material comes from they will be taking proper measures to ensure the
development of the agricultural sector and the economy as a whole (Bairwa, Lakra,
Kushwaha, Meena, & Kumar, 2014).

The skills required by the farmers and the people from agricultural sector is very
essential in better produce with use of new technologies. In authors context, they mentioned
that the development of the Indian economy can be done with development to the
agricultural sector only. They have said about various skillsets need to be possessed by
farmers to develop in their field as well as it will reduce the poverty in the economy. The
study took the case of Uttar Pradesh for analysis of the problems faced by agripreneures
and discussed various ways to solve the problems figured out by them (Tripathi, 2015).

The concept of “Shared economy principle” is a complicated principle which is the


linking various economic activities and help among the people within economy or chain in
the agricultural sector. Activities such as utilization of machineries, exchange of services,
reuse of durable assets, advance finance, warehouse contract loan and many more and by
applying these concepts and principles their aim is to achieve the goal of income promotion
of farmers and reduce their migration from rural to urban in search of livelihood. Further,
this paper talks about the benefits of shared economy principles and means of attaining it
through the agripreneurship (Reddy & Krishna, 2018).

Attaining sustainable growth in the agricultural sector without exploiting the


resources and promotion of the people depending on the agricultural and allied activities is
discussed by the author in this article. Article clearly describes that how the economy can
be developed with this concept and elevation of poverty in rural areas. In authors view point
GDP increase cannot signify economic development and poverty reduction in whole
country but the growth in the agricultural sector can ensure that there is more employment
of people in rural area and this ensures reduction in poverty. The development in agriculture
leads to higher produce or yield which in turn develops the businesses directly depending
on food processing and other FMCG companies (Kumar, 2017).

In this review article authors critically discussed on the aspect of the need for
agripreneurship promotion in Indian agricultural sector and the challenges to do so. It is
similar to the article earlier reviewed which was by Mr. Bairwa (Bairwa, 2014). There has
been an analysis of the yield of various crops that affects the farmers decision on that to
produce depending on its market value and cost involved. Further it is discussed on how
there can be developing with proper implementation of Agripreneurship in this sector (Veni
& Lakshmi, 2018).

This article is based on the various possible entrepreneurial business ideas in the
form of different types of enterprises in agricultural sector. In this article unlike other
review there are few points mentioning various institutions which can help these
agripreneures for further development in their field and various schemes for agri-business
development by formulated by the government. Similar to other articles author has
highlighted the barriers for these enterprises in flourishing and possible problems which
can be a major obstacle for them (Uplaonkar & Biradar, 2015).

Millennium generation is considered to be knowledgeable as they have been


growing in the world of technology and ideas. Here author has mentioned about the
opportunities for the millennium generation in Agricultural entrepreneurship and how they
can contribute to the economy. He has covered the aspects of need, their role, women
empowerment and barriers and challenges for agripreneures. He has wonderfully presented
the various activities that can be undertaken by the agripreneures and how that can impact
the national GDP as well as mitigation of social problems such as poverty, unemployment,
farmer suicide, etc.(Chand, 2019).

3. THE NEED FOR THE STUDY

Entrepreneurs has the potential to make impossible possible. The Agri-sector in


India is in a stage where the losses are very high due to improper management and policy
formulation. The technology and techniques used by Indian farmers are totally outdated
and only in few places new technologies are being used. This study is to understand how
agripreneures can help these farmers by bringing in funds and new technologies for better
produce and sustainable techniques for other activities like warehousing, formal credit
system, marketing of the agricultural produce for better price in market and developing
economic status of the farmers and help in transportation of the produce from one place to
other and preventing the wastage. When government fail to do something, the society can
do it for themselves as government can help financially and with facilities but if the final
user doesn’t avail it properly then its actually a waste of resources. Agri-entrepreneurs look
for opportunities everywhere which make them more efficient which in turn has a great
impact in the agricultural sector.

4. OBJECTIVES OF THE STUDY

• To explore and understand the concept of Agripreneurship.

• To figure out challenges there Agripreneures face.

• Future prospects of Agri-entrepreneurs in India

5. RESEARCH METHODOLOGY

The methodology used in this study is review of secondary data by critically


reviewing the articles already published by various authors in respective field covering the
concept of Agripreneurship. The study is completely based of review of 15 articles on
concept, challenges for these entrepreneurs, various prospects in this field, its need in rural
India for better development.
The following questions were considered important to be studied under the concept
of agripreneurship:

• What is Agripreneurship?
• How can this be helpful to the rural and tribal population?
• Need for this concept in India.

The research will be a study of the available articles and literature on the concept
of Agripreneurship, which will be the base of the whole research.

6. CHALLENGES

There are various challenges faced by the Agripreneures in the implementation of their
plans to develop either new business which is allied to the sector or any other support
businesses. The basic problem can be the literacy level of the farmers or rural people. This
acts as root cause for majority of challenges discussed below. Similarly, there are various
other social factors too which acts as challenges to these people to overcome.

6.1. Low Productivity

Most of the articles talks about the low productivity in the agricultural sector as a major
challenge due to factors like an uncertain monsoon, poor fertility of the land, poor quality
seeds and raw inputs for the farming (Verma et al., 2019). In a way, Agripreneures can
improve productivity but still, people have the fact in mind that agriculture is not profitable
as the productivity is poor which make people to shift from agriculture rather than thinking
how to increase productivity. These entrepreneurs can only be successful if the farmers keep
doing farming and produce in a good quantity and quality for these agri-businesses to develop.

6.2. Inadequate infrastructural facilities

The infrastructure available in the Indian Agricultural sector is almost outdated, only a
few big farmers can afford these new technologies whereas the poor and small-scale farmers
still unable to access these technologies which s trending in the market for better productivity
and ease of work (Verma et al., 2019). Agripreneures have to invest a huge amount of money
in getting such technology for implementation in farming as these are not readily available
there. Even though various developmental activities are going on, the development of
technologies is very slow as compared to other developed nations like the USA and other
European countries. Entrepreneurs have to face problems with the communication technology
and road connectivity infrastructure as these are poor in rural areas.

6.3. Migration of skilled workforce to urban areas

This is the biggest challenge as compared to other problems because there is already
very less skilled and literate people in the rural sector, even if they migrate to the urban areas
there will be no hope for the development of the rural areas. Localities know a problem better
than any outsider. If they want to overcome those problems they can put in new ideas to solve
that social issue as per their needs (Singh & Pravesh, 2017)(Verma et al., 2019). While an
outsider still thinks about making profits in one way and may not understand the actual
problem of that place. Hence, promoting the rural people in becoming entrepreneurs of their
own is much better solution than others coming and conducting their business because of the
benefit factor.

6.4. Lack of entrepreneurial abilities among farmers

This is similar to the previous point as only talented people can become entrepreneurs
by coming up with new business and having the ability to manage it. Most of the authors
stated that the farmers don’t have much of entrepreneurial ability in setting up and
management of such business models. This is the problem because of which there is no new
businesses coming up in agricultural sector. There should be effective awareness and
consultation organisations set-up in order to develop these people and bring out the hidden
entrepreneur out from them (Veni & Lakshmi, 2018).

6.5. Declining interest in agricultural allied services

There are various agricultural allied services in the market to assist the farmers in every
aspect such as production of pesticides, warehousing of the produce, transportation, value
addition or processing the produce and sell, export agencies, etc. (Singh & Pravesh, 2017).
As the agricultural produce is not that profitable, interest in these businesses also reduces as
both go hand in hand, without agricultural produce no use of transportation and warehousing,
none of the service firms can function. Author Mr. Verma has mentioned that as there are
various subsidies and free services given by the government, some of the local service
providers aren't getting much customers for their business and have to close down which is a
major demotivation for them. So, if the government rather than giving such a subsidy it can
motivate the local people to set up a business of their own and deliver services in their local
places. Which further develops the whole sector than only farming or only business (Verma
et al., 2019).

6.6. Inefficient measures of the institutions and government

There are various policies formulated and promoted but still, the execution of these
policies is still a big question mark. Usually, these aids never reach most of the rural
population due to corruption, bureaucracy and various other reasons like illiteracy among the
rural population cause a lack of knowledge regarding these promotional policies and benefits
extended by the government leading to benefits being unclaimed (Veni & Lakshmi, 2018;
Verma et al., 2019). Moreover, in a way government promotion in this sector is comparatively
less than other sectors like manufacturing and service industries. Thus, these Agripreneures
face problems in bringing their ideas into reality.

7. FINDINGS

The concept of agripreneurship has been discussed in depth with its types and needs,
challenges they face, etc. The Common finding from this study is that all the authors have
been mentioning the needs, importance and how it will help in the development of the Indian
economy but most of the articles didn’t discuss on current situation and how to overcome.
The articles particularly discuss about the development among the farmers who have
entrepreneurial skills and this motivates them to take a step above in their own development
rather than keep on practicing the same unprofitable farming activities with outdated
techniques and technology and depending on government for finance and other allied support
services. The important question arising from the study is that "What the government is doing
to promote these Agripreneures?”. There is only one article which actually mentioned various
schemes available to these entrepreneurs in order to assist them in setting up new businesses.
This is very essential as for any start-up because without the help of the government it is very
difficult to finance and implementing their ideas in this sector. The main problem which is
discussed is the migration of rural talent to urban areas for their livelihood. This not only
makes their life difficult but even leads to no development in the rural areas as there is no
innovation coming into the sector and continuing the dependency on the obsolete technology
and finally, no one to utilize the funds given by the government and put into productive use.
As mentioned in one of the articles the development or promotional policies should focus on
the development of such people who can actually have an impact in the society by putting
their skills in various activities, they take up which leads to economic change. It is also found
that literacy plays a major role in basic things like knowing and availing the benefits given
by the government. So, the campaigns set up for literacy on various policies can go handy for
these people in understanding the efforts taken by the government and this will help them in
availing these and fulfil the ultimate objective.

7.1. Schemes available for promotion of agripreneures

7.1.1. Agri business centre scheme

The National Agricultural Extension Management Institute (MANAGE), Hyderabad is


implementing the Agri-clinics and Agri-Business centres Scheme initiated by the
Ministry of Agriculture, Government of India. The Scheme aims to complement
existing extension network to improve technology transfer processes in agriculture and
to enhance input supply and services.

7.1.2. Institutional support for Agri-businesses

RBI began NABARD in July 1982 to give full attention to the rural sector in the areas
of agriculture, small-scale and cottage industries and agribusiness. Since NABARD
was formed, it has the responsibility to manage all RBI's rural development and agro
based activities.

7.1.3. Panchayat mandi

The concept of self-governance has gone down through village markets and fairs to the
level of marketing of village produce. The Panchayat mandi concept is to reduce the
influence of middlemen and traders. This is only possible if the Zella Panchayat works
effectively in conjunction with state marketing boards and APMC (Agriculture
generating market committee).

7.1.4. State agricultural marketing bank

These are set up by the government to regulate the prices of the agricultural produce on
a frequent basis. It even regulates the markets for food crops and oil seeds to make the
farmers avail proper benefit.

7.1.5. NCOSAMB (The national council for state marketing board)

An Agro-based country like India needs training centres across the country with modern
facilities. India's government is providing State aid for the establishment of such
training facilities. NCOSAMB is the body responsible for organizing these training
programmes.

7.1.6. State Trading Corporation

The state trading corporation of India Ltd. is the leading international trading house
owned by Indian government which was founded in 1956. The corporation has gained
extensive expertise in managing bulk international trade.

7.1.7. Other Institutions and schemes

There are various other such schemes like Agri-export zones, Agri-Udaan, MSME in
agriculture, women empowerment through SHG’s, dairy Entrepreneurship
development scheme and various other incentives by the ministry of food processing
industries (MFPI), National Horticulture Board, etc.

7.2. Future Prospects

Currently Agripreneurial opportunities are growing in scale and potential as a result of


globalization and a more interconnected world economy. There are many potential
entrepreneurial opportunities. Agriculture process requires so many types of inputs such
as seeds, fertilizers, pesticides, and advanced, localized farm technology. Therefore, the
above listed areas generate Agri-entrepreneurial opportunities in the areas where these
inputs are created and processed. There are very interesting prospects for business
processes in areas such as bio-pesticides, bio-fertilizers, vermicomposting, soil testing
and alteration, etc. The rising emphasis on organic farming opens up yet more
opportunities. There is an opportunity to be creative in terms of balancing the use of
fertilizers and pesticides, agrochemicals, implementing multiple crop and crop rotation
in order to protect and sustain and improve soil quality, using agri-tech machines to
minimize labour costs, etc. The opportunities in the areas of value chain, output
processing, and marketing are felt at the post-harvest stage. The changes occurring in
agricultural product supply chain management open doors for new businesses. Units
processing Agri goods are booming. Distribution and logistics opportunities do exist.
Other than these the agri-service is an area which is very essential for the development
in this sector. The consultation for better cultivation and use of fertilizers and minerals
in land after testing land, workshop on multiple crop cultivation according to season, etc.
such services can help these farmers to gain better idea in optimum utilization of land.
8. CONCLUSION

The concept of Agripreneure is having a wide scope in today’s era especially in


India. The introduction of this concept into the agricultural sector can have a great impact
in various aspects such as better income to farmers, good productivity with new technology
and better living of the rural farmers who can no more depend on lenders and fall into a
debt trap. In the review of the above literature, the authors have focused on economic
problems like financing the farmers, agriculture produces promotion, transportation,
women empowerment, tribal youth development and some more of these. The aspects
which the authors haven’t covered are the business models the Agripreneures can develop
in order to have a successful business, there is only one article discussing about the model.
The other thing is there is no proper data available regarding the performance of agri-
businesses which are currently in place and functioning. The reviewed articles had almost
similar sorts of problems covering every aspect of the challenges faced by the farmers as
well as the agripreneures in rural areas. Certain articles were on various ways to overcome
their challenges and how agripreneurship can help in the mitigation of various social
problems in the rural area and these ideas have great potential once it is implemented.
Literacy about the various policies formulated by the government should be taken care of
in order to make the relief of government reach the final destination. Considering this the
government should take care of these programs ensuring its reach to the assigned sector
and the rates which these are utilized and contributing to the economy should be taken care
of by the government.

The concept of Agripreneurship has a great scope especially in a country that is


blessed with a natural resource for farming and conducting agricultural activities. Being an
agrarian economy, we are still not well developed in the technological aspects of this sector.
This is leading to a lot of losses, indebtedness of farmers, and a lot many other social
problems as a great no of the population is dependent on the agricultural and its allied
activities. So, for better development, the technology should go hand by hand without
which this sector remains the same as always.

9. SCOPE FOR FURTHER STUDY

The articles talk about various challenges faced by the entrepreneurs, farmers,
and social factors involving unsustainable agricultural practices and various other concepts
relating to it. In reality no one has ever studied about the actual impact these entrepreneurs
can bring this to the agricultural sector. There should be a study by taking a sample village
or area with poor infrastructure but having good potential for development and promote
these agripreneures to bring in their ideas and implement it. The study should be an
overview of the impacts on the agricultural output and revenue earned pre and post the
agripreneures coming into sector and how these agripreneures contributing to economic
development. The data available regarding entrepreneurial growth in agricultural and allied
sectors are very minimal and outdated as there is no record on how the incentives by the
government are being used. So, there should be a record of such key factors as they are
very much necessary for further study and motivating people in other places of the country
stating the benefits and how it has changed fate of some villages.

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