Neutral impactEconomy
Farmers should be ‘businessmen’ who respond to market demand, not just grow rice and wheat: NITI Aayog’s Ashok Lahiri
Economic Times 1 hr ago·23 Jul 2026, 10:41 am
NITI Aayog member Ashok Lahiri has urged Indian farmers to shift their focus from traditional staples like rice and wheat to high-value crops that align with market demand. He emphasized that farmers should operate more like businessmen, leveraging science and technology to boost productivity and profitability.
This shift is crucial for India’s agricultural sector, which currently lags behind global benchmarks in crop yields. By diversifying and adopting modern farming techniques, farmers can reduce reliance on low-margin crops and improve their income stability, which is vital for the broader economy.
Investors should monitor government policies supporting agricultural diversification and the adoption of technology. The success of these initiatives could signal a long-term structural improvement in the sector, potentially benefiting agribusinesses and related industries.
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- Category: Economy.
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