ISO 9001:2015 Certified
closex Call Us 11-23320714, 23721504, ficci@ficci.com

 Upcoming Event
to forge a partnership on Technology Commercialization Initiative, FICCI-AMITY and IC2 Institute University

Centre to soon launch one-stop agri data infrastructure 

New on News , Oct 8, 2020

The authorities will soon create a typical data infrastructure of all farmers within the nation, gleaning data collected for varied schemes equivalent to PM Fasal Bima Yojana (PMFBY), PM-Kisan and soil well being playing cards, and integrating them with land information, mentioned Ashish Bhutani, Joint Secretary on the Agriculture Ministry, on Thursday.

“This will act as a one-stop shop for data, including access to finance by farmers, start-ups and researchers for developing new apps, so that the benefits reach the grass roots,” Bhutani mentioned whereas addressing a webinar on synthetic intelligence (AI) and digital functions in agriculture organised by the Federation of Indian Chambers of Commerce & Industry (FICCI), collectively with the German Agribusiness Alliance.

'AI for farmers'

According to Bhutani, creating requirements for sharing and bettering the standard of data will likely be monitored intently by the federal government. “The government is working to provide an enabling environment where private players and the government can work together to bring the benefit of AI to all farmers and consumers. This will also help in bringing down the price for the consumers as well as getting the best price for the farmers,” he mentioned. This widespread database is predicted to be prepared by 2022, he added.

He mentioned AI can play a serious function in making certain the targets set for doubling revenue of farmers, most of whom have very small holding sizes, averaging round one hectare per holder.

Since its launch, PMFBY has been a radical shift in the best way crop insurance coverage is carried out within the nation. It is the third-biggest programme on this planet after the schemes carried out within the US and China, he mentioned. “Technology is the way forward for the implementation of the programme,” mentioned Bhutani, who can be the CEO of PMFBY.

“The entire focus has shifted to using technology for managing food security and other aspects of agriculture. AI can be effectively used in soil monitoring, predictive data analytics and improving supply chain inefficiencies. The National e-Governance project on agriculture, which has been revisited this year, has given focus on using information technology, AI, Machine Learning, etc.”

Gagandeep Singh Bedi, Agriculture Production Commissioner and Principal Secretary of Tamil Nadu authorities, mentioned the State was one of many first within the nation to undertake AI and implement it in farmer welfare programmes. “The impact and utility of digitisation and AI are, perhaps, more beneficial in the agriculture sector than any other sector. Young farmers are taking to digitisation in a big way,” he added.

Sustainable farming

Rajesh Raghavan, MD & Country Manager-India, Husqvarna India Pvt Ltd, mentioned AI is a game-changer to the agrarian neighborhood and might play a pivotal function in each the demand and provide elements of agriculture. AI and allied digital functions can contribute to sustainable precision farming - from crop choice to crop monitoring - thereby bettering the profitability of the farming neighborhood, he added.

A report on use of AI in agriculture ready by FICCI and PwC, launched on the event, estimated the worldwide marketplace for AI in agriculture at $0.85 billion in 2019; that is projected to contact $8.four billion by 2030, with a CAGR of 24.Eight per cent.

 

 

Also Read

Govt to soon launch one stop shop on Agri data; Will benefit farmers & reduce cost: CEO, PMFBY

Govt to soon launch one stop shop on Agri data; Will benefit farmers & reduce cost: CEO, PMFBY

Govt to soon launch one-stop-shop for agriculture data: Agri Min official     

Govt to soon launch one-stop-shop for agri data: Agri Min official     

'Govt to soon launch one stop shop on Agri data; Will benefit farmers, reduce cost'     

Govt to soon launch one stop shop on agri data, will benefit farmers & reduce cost: CEO, PMFBY     

Govt to soon launch one-stop-shop for agri data: Agri Min official     

Govt to soon launch one-stop-shop for agri data: Agri Min official     

Govt to soon launch one-stop-shop for agriculture data: Agri Min official     

Centre to soon launch one-stop agri data infrastructure     

'Govt to soon launch one stop shop on agri data'     

10 Strategic interventions to catalyse Artificial Intelligence adoption in Indian agriculture     

Govt to soon launch one stop shop on Agri data to benefit farmers: CEO, PMFBY     

Government to soon launch one-stop-shop for agri data: Agri Min official     

Centre to soon launch single platform for agri data; will benefit farmers: CEO, PMFBY     

New farm laws raise hopes for Agri-Startups, experts foresee a bright future     

Market size of AI in agriculture expected to reach $ 8.4 billion by 2030 from $ 0.85 billion in 2019: FICCI-PwC Report     

Govt to soon launch one-stop-shop on Agri data to benefit farmers and reduce costs: CEO, PMFBY     

Govt to soon launch one stop shop on Agri data; Will benefit farmers & reduce cost: CEO, PMFBY     

Government to soon launch one-stop-shop for agri data: Agri Min official     

Govt to soon launch one-stop-shop for agriculture data: Agri Min official     

Govt to soon launch one-stop-shop for agriculture data: Agri Min official     

Market size of AI in agriculture expected to reach $ 8.4 billion by 2030     

Event:

 AI & Digital applications in Agriculture