Agricultural Entrepreneurship: Seizing the opportunities for inclusive rural growth

It is certainly true that entrepreneurship is one of the key drivers in a nation’s economic
growth. Several studies show the association of entrepreneurship with improved growth, increased wealth and better quality of life.

A Game-Changer

As the COVID-19 pandemic has jeopardized the achievement of Sustainable Development Goals (SDGs), agri-entrepreneurship could be a game-changer in advancing equitable livelihoods, promoting economic growth, and building resilience to shocks.

In case of developing and under-developed countries, implementation of entrepreneurial
programmes is of paramount importance in order to raise the living standard of the masses because of their over-reliance on agriculture
for employment.

Limitless Opportunities

With the emergence of novel concepts such as ‘indoor farming’, ‘precision agriculture’, ‘hydroponics’ and ‘drip irrigation’, the scope and opportunities in the field of agri-entrepreneurship have, no doubt, expanded at an unprecedented rate, generating an extraordinary business interest in
this sector.

Short-Term Courses

On top of that, there are several short-term certificate courses, diplomas, or degrees that cover soil science, agri-management, agricultural chemistry, seed technology, and more, thereby giving entrepreneurs a competitive edge.

Agri-entrepreneurship: An opportunity to tide over the crisis

In the post-COVID phase, agri-entrepreneurship seems to have emerged as a sunrise sector offering opportunities in agriculture and allied sectors.

However, the need of the hour is to create suitable market-linkage programmes in order to make farming sustainable. To achieve this, adoption of efficient agri-practices, advanced technology and micro-irrigation techniques is indispensable.