States need to adopt the Model Act for Agri Growth: CII President
Confederation of Indian Industry (CII) President Shobana Kamineni said that agriculture has potential to achieve significant productivity gains and for that States need to adopt the Model Act for agriculture marketing and notify rules.
Talking to reporters for the first time after being appointed as CII President, said, “Adoption of the Model Act by the States will help deliver higher prices to the farmers and competitive price to consumer.”
She also suggested to promote crop based clusters and aggregate farmers into producer organisation. “
Citing the story of Madhya Pradesh Model of Agriculture, the she said, “We are heavily dependent on monsoon. We need to place adequate agricultural infrastructure such as irrigation in place so that our farmers do not look at sky for rains.”
She said that conditions are positive for an economic recovery in the current year, with GDP growth expected to lie in the range of 7.5-8.0 per cent.
“It is possible to target 1 per cent additional growth each year to reach 10 per cent in the next three years. The drivers for this step up in growth would include the benefits from implementation of GST, greater participation of women in the labour force, urbanisation which will drive greater economic activity in areas such as construction and public spending of up to Rs 30 trillion in various infrastructure projects over the next few years” Kamineni added.