Promoting Agro-Based Industry in India (Issues and Challenges)

Abstract

The development of agro-based industries has the propensity to stabilize and create agriculture acceptable and moneymaking. Given the thrust on doubling farmer's financial gain, the govt agencies are enjoying a polar role in promoting agro-based industries across the country through the implementation of varied schemes and policies starting from providing collateral-free credit and access to incubation centers to providing higher instrumentality and employment opportunities for entrepreneurs. Agrobased industries give a competitive advantage, each among and out of doors the country. They absorb surplus rural labor and address the matter of excellent scale unemployment/disguised employment in rural areas. Agro-based industries give promotional/profitable occupation And activity diversification in villages that ensure balanced industrial growth in rural areas. It's time that the policymakers and trade leaders acknowledge agriculture about business as a competitive, value-adding sector and facilitate the event of agri-based industries.