Moneycontrol
HomeNewsBusinessEconomyInnovation in agri research can double farmers' income: MoS for Agriculture Sudarshan Bhagat

Innovation in agri research can double farmers' income: MoS for Agriculture Sudarshan Bhagat

Factors such as low transaction cost and time, better port gate management and better fiscal incentives will contribute to the development of the sector.

September 01, 2017 / 21:41 IST
Story continues below Advertisement
Agriculture

Innovation in research and agriculture can create new jobs and double the income of farmers, Union Minister of State for Agriculture Sudarshan Bhagat said today.

More than 58 percent of the rural families are dependent on agriculture for their livelihood, he said at the inaugural session of a one-day Stakeholders' Consultative Workshop here.

Story continues below Advertisement

Bhagat said agriculture, like irrigation facilities, storage and cold storage, has immense potential with increase in basic infrastructure.

Factors such as low transaction cost and time, better port gate management and better fiscal incentives will contribute to the development of the sector.