In India, a new government initiative to build an Agritech ecosystem could provide a global model for others to follow
A World Economic Forum report published on 14th November 2023 stated projections have shown 8% of the global population or 670 million people will be undernourished. It said that agrifood systems must be transformed to be more resilient and deliver lower-cost nutritious foods and affordable healthy diets for all “sustainably and inclusively.”
It also states that one potential solution to this problem is bolstering yields of food using new technologies and smart policies. And in this endeavor India is leading the way.
Digital Agrifood Ecosystem
The Indian government has launched AgriStack, an initiative to build an ecosystem that facilitates the delivery of digital agriculture services, including responsible advisories and access to quality inputs. AgriStack consists of various databases, registries, data standards, APIs, policies and a regulator. AgriStack will provide data to identify genuine farmers (Farmer ID), pinpoint the farm location (Farm ID) through geotagging and track what crop they are growing (Crop Survey).
The report also stated that this data-rich ecosystem will help India’s Agritech sector grow, attracting talent and capital while bolstering food production and security in India and beyond. A consent management framework for data, and other regulatory checks, will ensure the farmers benefit from this Agritech overhaul.
For the full story visit WEF
