Author(s):

Singh Ramandeep and Bhusanar Shatrughn Bhagawan

Abstract: The agriculture is the major business of the rural India. More than 60 percent of population is engaged in agriculture. The produce is used as raw material of various agro based Industries. The Agribusiness and agro based processing industry is the solution of our key challenges related to insufficient food and value added food products. This attracts the demand in another countries and domestic utilities of processed foods which enhance the standard of living. Export plays a big role within the economic development of a country by foreign trade which results in increase in national income. In late eighties, India became self-sufficient in food production. The large and diverse agro climatic region helps our country to grow almost all types of grain, vegetable and fruits. Agriculture has only around 12% share in national export out of which processed products have only 1.3% share. This small share is only because this industry is highly decentralized in India but having very wide capacities. The processing of agro food products is essential to overcome the problem of post-harvest losses, raise the share in export and doubling the income of farmers. Ultimately it envisaged that India ought to be the food hub for world and generating employment, income by foreign trade by increasing processing and value addition of food products.

Pages: 393-396  |  1104 Views  181 Downloads

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