Subsidies dependent on outcomes fairly than input-oriented would be the finest way to go ahead for endorsing innovation, industry experts claimed, while taking part in a panel dialogue at the BusinessLine Agri Summit right here on Friday.
“Outcome-dependent subsidies can be a driver for bringing in technological know-how into Indian farming. For example, Nabard earlier applied to give initiatives which are input-oriented. Now, Nabard modified it. Now, its initiatives insist on outcomes and the renumeration is now joined to the end result,” claimed M L Jat, Principal Scientist and Units Agronomist at the Intercontinental Maize and Wheat Improverment Middle.