Agro-based industries are one of the biggest in the country and contribute roughly 20% to the GDP of India. With textile, sugar, paper, vegetable oil and food processing industries being the backbone of the economy, their role in environmental protection and conservation becomes equally important.
There are many ways in which agro-industries make significant contributions to the economy and conservation.
Apart from having a large share in the GDP, agro-based industries also boost the economy in various other ways.
• They uplift the rural economy and alleviate poverty
• The production and commercial activity take place in rural areas as they are raw material
thus developing these areas
• Employs the rural workforce
• Helps contain the migration and limits the burden on urban economy and infrastructure
• Reduces income disparity between rural and urban areas
• Encourages balanced growth between agriculture and industry
• Helps solve the problem of exploitation of the farming community
• Reduces transportation costs
• Provides purchasing power to large sections of the population and gives a push to other segments like FMCG .
• Cuts down wastage of perishable agricultural products
• Helps improve rural infrastructure
Agro-based industries enter into contract farming agreements with the farmers.
Under contract farming apart from assuring them of buyback of their produce. They also provide the latest equipment, share the know-how of new methods of farming and help them practice sustainable agriculture.
Sustainable agriculture is the way to ensure the current generation meets its food and textile needs without affecting the capability of future generations to do the same.
There are many ways in which agro-industries make significant contributions to the economy and conservation.
How Agro-based industries boost the economy ?
Apart from having a large share in the GDP, agro-based industries also boost the economy in various other ways.
• They uplift the rural economy and alleviate poverty
• The production and commercial activity take place in rural areas as they are raw material
thus developing these areas
• Employs the rural workforce
• Helps contain the migration and limits the burden on urban economy and infrastructure
• Reduces income disparity between rural and urban areas
• Encourages balanced growth between agriculture and industry
• Helps solve the problem of exploitation of the farming community
• Reduces transportation costs
• Provides purchasing power to large sections of the population and gives a push to other segments like FMCG .
• Cuts down wastage of perishable agricultural products
• Helps improve rural infrastructure
How agro-industries help the environment
Agro-based industries enter into contract farming agreements with the farmers.
Under contract farming apart from assuring them of buyback of their produce. They also provide the latest equipment, share the know-how of new methods of farming and help them practice sustainable agriculture.
Sustainable agriculture is the way to ensure the current generation meets its food and textile needs without affecting the capability of future generations to do the same.