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Showing posts with the label Why do farmers need farm management

Importance of Technology in Farm Management

Food industry is big in India, which employs more than 50% of its total workforce in agriculture and its allied industries, contributing to about 20% of India’s GDP. Such a huge industry has its downside; India generates around 350 million tonnes of agricultural waste every year along with a range of up to 35% of losses from both pre- and post-harvest. To manage this colossal industry, the use of technology along with farm management strategies have been employed. Introduction - Agriculture and Farm Management Manufacturing and food production are at record highs. The global agricultural market had a value of $11.287 billion in 2021 and is projected to increase by 18.814.21 billion by 2026 at a CAGR of 10.7%. The US and China are followed by India, which is ranked second in terms of volume, second in global farm exports, and first in net cropped area. India exports agricultural products and processed food to more than 120 other nations. From March to June 2020, India exported 3.