Every rupee invested in agri research yields ₹13.85: Study
Business Standard|May 07, 2024
A s investment in agriculture research decelerated between 2011 and 2022, a recent working paper has revealed that every rupee invested in agricultural research yields a return of nearly 13.85, surpassing returns from all other activities linked to farming.
SANJEEB MUKHERJEE

The working paper was published by the National Institute of Agriculture Economics and Policy Research (NIAP), an entity operating under the Indian Council of Agriculture Research (ICAR), last month.

"Looking towards the growing demand for food and other agricultural products and the future challenges to their production amidst little scope for expansion of agricultural land, it is imperative to invest more in agricultural R&D and prioritise it across disciplines or subsectors and regions to maximise economic, social, and environmental benefits," the paper reads.

After research comes agriculture extension activities, which give the second-best return on investment at ₹7.40 for every rupee invested.

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هذه القصة مأخوذة من طبعة May 07, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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