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Enhancing Profitability in Indian Agriculture: Strategies and Government Initiatives

Enhancing profitability in agriculture is vital to ensure food security, alleviate poverty, and promote rural development. This article examines the various approaches for increasing profitability in Indian agriculture such as improving agricultural productivity, enhancing market access, adopting sustainable agricultural practices, risk mitigation and insurance, access to credit and financial inclusion as well as diversification and value addition. The article also highlights the role of different flagship schemes of the Government like PMKISAN, PMKSY, NMSA, PKVY, PMFBY etc aimed at promoting agriculture and improving the livelihoods of farmers in India.