Innovative policy interventions for transformation of farm sector
Agriculture and allied sectors provide employment to close to half of the workforce of the country and contribute about 17 per cent of national income. Among the ten major sectors of Indian economy the contribution of agriculture is highest both in employment as well as in value added output. Therefore growth and development of agriculture is significant for transformation of Indian economy and for inclusive development. In other words, agriculture is at the core of achieving the goals of “Sabka Saath, Sabka Vikaas” and “New India 2022”. The paper covers eight areas: Reforms in agriculture; Output Price support; Input subsidies; Development initiatives; Corporate Investments in Agriculture; Linking Production to Processing; Promoting Producers Alliances; and Scaling up success stories of “Innovative farmers”.