States need to adopt the Model Act for Agri Growth: CII Pres­i­dent

Rural & Marketing - - UPDATES -

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.

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