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AgriTech

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NABARD ARDNABARD Grade AState AAO
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Vritti will launch sophisticated analytical tools that will help farmers understand market rates in a more detailed manner and track their financial performance. A credit control module will be launched to enable commission agents to manage outstanding debts and assess the creditworthiness of buyers.

Key Features:

  • Tracking and Analytics
    • The software tracks auction sales, delivery dates, and proceeds, providing analytics to assess profit or loss on each consignment.
  • Mobile, Cloud, and Payment Integration
    • The software also integrates with a mobile, cloud, barcode, UPI payment system, RTGS payment gateway, for higher speed transactions.
  • eNAM (Electronic National Agricultural Market )
    • Vritti is to be integrated with an eNAM (Electronic National Agricultural Market ) for better exposure of market and hence, online auctioning.
  • Future Prospects
    • The platform will integrate IoT, drone technology, and blockchain as such technologies increase usage in agriculture.

Government Schemes on Technology and Innovation in Agriculture

  • Schemes
    • This involves technology and innovation schemes like National e-Governance Plan in Agriculture (NeGPA), Sub Mission on Agriculture Mechanization (SMAM), Rastriya Krishi Vikas Yojana (RKVY), Promotion of Agriculture Mechanization for in-situ Management of Crop Residue, National Mission for Sustainable Agriculture (NMSA), and Pradhan Mantri Krishi Sinchai Yojana (PMKSY).
  • AgriStack
    • Develops a high-level Task Force that finalizes a report on India Digital Ecosystem of Agriculture (IDEA), that outlines the architecture of Digital AgriStack, including a unique ID for farmers and standards for interoperability between data streams in the Agristack.
  • Makes in India
    • Makes in India innovation in farming technology, encourages start-ups in agriculture and establishes 50 Agri Business Incubators.
  • Subsidies
    • Under different schemes, subsidies are offered to promote the adoption of new varieties/technologies.
  • Training and Skills Upgradation
    • The program provides training, demonstrations, exhibitions, and skill development programs for farmers, farm women, and rural youth.
  • Drone Technology for Pesticides
    • Releases SOPs for the use of drones in pesticide and nutrient application.

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