India needs Green Revolution 2.0 to make agriculture more climate resilient and sustainable: RBI

India needs a second green revolution as well as the next generation of reforms to make agriculture more climate resilient and environmentally sustainable, according to an RBI article on challenges in the agricultural sector.

Observing that Indian agriculture has shown remarkable resilience during the time of COVID-19, the article states that “new emerging challenges warrant a second green revolution as well as next-generation reforms.”

Despite the success in terms of production that has ensured food security in the country, food inflation and its volatility remain a challenge, which requires supply-side interventions such as higher public investments, storage and promotion of food processing, says the article titled ‘Indian Agriculture: Achievements and Challenges’.

The article states that Indian agriculture has reached new heights with record production of various food grains, cash crops and horticulture, showing resilience and ensuring food security during the COVID-19 period.

“The sector, however, has faced various challenges, the mitigation of which requires a holistic policy approach,” he said.

For example, crop productivity in India is much lower than that of other advanced and emerging market economies due to various factors, such as fragmentation of land holdings, less agricultural mechanization, and declining public and private investment in agriculture. farming.

Second, the article states that the current overproduction of crops like rice, wheat, and sugar cane has led to rapid depletion of the water table, land degradation, and massive air pollution, raising questions about environmental sustainability. current agricultural practices in India.

Furthermore, despite the overproduction of many commodities, food inflation and price volatility remain high, causing inconvenience to consumers and low and fluctuating incomes to farmers.

“Addressing these challenges would require a second green revolution focusing on the agriculture-water-energy nexus, making agriculture more climate-resilient and more environmentally sustainable. The use of biotechnology and breeding will be important to develop crop varieties that are environmentally friendly, disease resistant, climate resilient, more nutritious and diverse,” he said.

Wider use of digital technology and extension services will be useful for information sharing and raising awareness among farmers.

He also pointed out that better management of post-harvest losses and an overhaul of the cooperative movement through the formation of Farmer-Producer Organizations (FPOs) can stop the volatility of food prices and farmers’ incomes and help to harnessing the true potential of Indian agriculture. .

(This story has not been edited by the Devdiscourse team and is auto-generated from a syndicated feed.)

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