In some countries, farming may be the primary economic activity of a region and support the vast majority of the population in employment. In such regions, it is clear that overall social and political stability is inextricably linked with the condition of the agriculture sector. 8. However, in most economically developed countries, farming accounts for a relatively small part of a diversified rural economy, and in addition the significance of agriculture in terms of the proportion of national wealth and employment is, in most regions, in decline. This does not lessen the potential role of farming in rural development in those countries, but the contribution of alternative economic activities, which may offer durable prospects for employment and economic progress, should also be
Precision Agriculture Market- what to look out for? Agriculture is essential given that it is the major source of food globally. Proper farming methods ensure that the crops grow healthily. Different farming and agriculture techniques help analyse the rotational patterns to keep the soil nourished and fertile for a longer duration. In spite of major challenges such as increasing labour costs, degrading environment, low selling price and much more, farmers are willing to try new methods.
Still, agriculture is the broadest economic sector of our country and plays an important role in the overall socio-economic culture of India. The profitability of crops in India is a matter of great concern today. The general trend tells us that the pattern of profits for the farmers is not constant. They rarely have huge profits and so are most of the times subdued in poverty. According
They have a great difference in the art of farming, the cultivation as well as their outcome, quantity and quality of their products. Traditional farming is one of the farming methods which are used by forefather and it is passed on from generation to generation. It is a simple, easy but very effective method. Traditional farming is a method of farming where the farmer has a mixed farm of livestock and crops. The farmer, which use traditional farming techniques develop an enclosed supply chain.
Seed marketing takes place through officially recognized seed outlets, and by way of national agricultural research systems (Louwaars 1994) and even through relief seed programs. The central premise of the formal system is that there is a clear distinction between ‘seed’ and ‘grain’. Formal systems are especially important when seed is used to grow crops for commercial purposes (for example export or further food processing) and the uniformity and high quality of the product has to be guaranteed. The informal seed system is basically what the formal system is not. Seed related activities tend to be integrated and locally organized, and the informal system embraces most of the other ways in which farmers themselves produce, disseminate and procure seed: directly from their own harvest, through barter among friends, neighbors and relatives, and through local grain markets or traders.
It plays a significant role in ensuring a sustainable agricultural growth. But, the share of investment credit in total agricultural credit has been declining continuously and it is pervasive across all institutional sources of agricultural credit. The share of investment credit has decelerated from 18 per cent in 1991-92 to per cent in TE 2001-02 and further to 6 per cent in TE 2005-06 (Table 4). it is not favorable to accelerating agricultural growth. A balance between short-term operational credit and long – term investment credit has to be maintained to ensure sustainable agricultural growth.
It includes the processes necessary for improving the quality and quantity of agricultural products. Agricultural science deals with transforming the primary products to finished, consumption-ready products. It also involves the prevention and correction of adverse factors hampering productivity. It has been referred to as a local science because of its strong relation to the local areas. It is often considered to be a science dealing with eco-regions as it depends largely on climate and properties of soil in a particular area.
Sustainable agriculture aims at exploring ways and means which can be utilized to reduce the impact on the natural resources through usage of reusable and recyclable components. It can be understood as an ecosystem approach to agriculture. A major objective of sustainable agriculture is to ensure the production of most value added, by efficiently utilizing human as well as natural resources. To be able to translate this concept of agriculture into practice it is important to find new approaches and possibilities to be able to better utilize local resources, along with a major revamp of the agricultural policies that are followed across countries. Simply put, it can be defined as production of fibre, food, other plant and animal products using farm techniques that protects the human health, the human communities, and the environment and ensures animal welfare.
The Household Production Theory is related to the study because the respondents, which are the families engaging in backyard farming, are both producers and consumers. Specifically, they produce crops and vegetables which are needed in the market so they can sell it. They are also consumers because they can consume the vegetables and crops they harvested so that they will have enough food. Those households engaging in backyard farming in Banay Banay II are applicable to this theory because they conduct activities such as household production and household