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Topic: e-technology in the aid of farmers.
5. With technology becoming ubiquitous in the agriculture sector, start-ups are breaking conventional methods to supply inputs, improve quality and demand. Discuss. (250 words)
Difficulty level: Moderate
Reference: Indian Express
Why the question:
Globally, India is competing with the US and China in the agri-startup space. According to Agfunder, India witnessed an increase in funding from $619 million in H1 2020 to $2 billion in H1 2021, behind the US ($9.5 billion) and China ($4.5 billion)
Key Demand of the question:
To write about the potential of Agritech startups in India.
Directive word:
Discuss – This is an all-encompassing directive – you must debate on paper by going through the details of the issues concerned by examining each one of them. You must give reasons for both for and against arguments.
Structure of the answer:
Introduction:
Begin the answer by writing about the growing trend of Agritech startups in India. Cite statistic to substantiate.
Body:
First, mention the potential of Agritech startups in India – empowering farmers, small agrifood operators, and giving consumers a better deal, growing footprint and reduced wastage etc.
Next, write about bottlenecks faced by these startups – policy issues, funding, regulation etc.
Next, mention the need for a robust policy to ensure there is smooth transition of businesses and employees from the informal to formal sector through upskilling, financing initiatives etc.
Conclusion:
Conclude by mentioning positive steps that are needed for companies involved in the agricultural ecosystem.
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