Outcome-based subsidies are vital for innovation: Experts

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.


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Spark Yellow Revolution to boost cultivation of oilseeds: Nasim Ali

The government should really set in motion a yellow revolution to raise oilseeds cultivation in the state to fulfill the escalating edible oils need, mentioned Nasim Ali, CEO, Oil Palm Plantations Organization, Godrej Agrovet.

“Since we previously have a environmentally friendly, white, blue revolutions, it is higher time to go for a yellow revolution to permit the state to become self-sustainable in edible oil production”, he mentioned while addressing a panel dialogue on “Balancing farm productivity and sustainable agriculture” in the BusinessLine Agri Summit listed here on Friday.

“We are now importing all around a hundred and fifty lakh tonnes

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