Major chunk of agricultural sales should go to farmers: Adi Godrej
Adi Godrej explained that there are a lot of government rules, which only allow marketing under certain conditions.
Business tycoon Adi Godrej Tuesday said farmers need to get a larger chunk of what consumers pay for agricultural products.
"Unfortunately we developed a traditional middle man system that is quite inefficient," the chairman of Godrej Group said while speaking at an agri-conclave focusing on 'Shaping the Future of Indian Agriculture'.
He explained that there are a lot of government rules, which only allow marketing under certain conditions. This needs to be made more efficient, he said.
He also pointed out two critical issues that need to be addressed, one is efficient use of water and the second is integrating women in agriculture.
"Water is going to be an issue, efficient use of it, recycling, using methods that produce using less water are the things we need to concentrate on and need to pay attention to," he elaborated.
The other thing is to use women in the labour force efficiently across all sectors, including agriculture.
"There is a lot of availability of talent. We should develop it and ensure that women play a stronger part in agriculture and animal husbandry," he added.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
10:16 AM IST