India has the largest arable land in the world followed by China and the US. Despite this , the Indian agricultural sector is way behind China in terms of the agricultural sector.Nevertheless, there is potential for major growth and gain in the agricultural sector because currently , Indian farms have productivity of 30-60% of what it is being produced in the farms of developed and some developing countries.
Farmers who have inadequate marketing skills fail to get a suitable price for their produce. Inadequate means of transport forces the farmers to sell their produce to local moneylenders.
Credit facilities are inadequate in rural areas. Farmers are not able to raise credit from rural banks easily. They depend on money lenders who charge high rates of interest.
Storage facilities are inadequate and the farmers are compelled to sell their products immediately after harvest at the prevailing market prices, which are bound to be low.
Due to a large number of farms, the government faces difficulties from the administrative point of view to collect land taxes and distribute subsidies.
Due to a large number of farms, the government faces difficulties from the administrative point of view to collect land taxes and distribute subsidies.
Cooperative farming is simply pooling of small lands and other resources together to form a large land, and performing agricultural activities together on that large land and dividing the profits among the shareholders of the large farm after the crop is sold.
Till now we have planned to generate profits by taking a share from the increased revenue of the farmer. Another source of profit can be the transaction fees charged to investors while they invest in various pools.
Along with the profits mentioned above there is introduction of various farming techniques that will help the agriculture field flourish. These are the concepts of agroforestry which implies a farming model wherein along with production of normal grains, pulses, there is also cultivation of shrubs, trees which prove very beneficial in increasing the farm productivity. Along with this there is tissue culture farming, contract farming, organic farming, crop rotation, mixed farming and other farming models which when brought to practice may increase the profits to double.
The central idea of our model revolves around blockchain. By creating a digital passport for agricultural products, blockchain technology can be used in breaking down barriers not only in tracking food from field to fork but also in farmers’ ability to approach a better market and sell their crops. ”
This model also incorporates Machine Learning algorithms. Image processing would be used to estimate the stage of development of the sapling, and to predict any diseases it might be infected with, which would be beneficial at initial period of growth. Previous dataset would be used to predict the return price of the crop .“ ”
“To Host peer-peer network . ”
“To create a platform where farmers can approach an already existing pool of land or create one ,using a simple android UI and features of blockchain.The basic functioning of our app allows the farmers to create an account which will be followed by digitalization and physical verification of his land. ”
The agricultural sector will be revived and the productivity of farm products will be enhanced manifolds.
Gunjan Devi
FarmerAgricultural engineering will be promoted and farmers will feel proud of their own work which will lead to a reduction in suicidal cases. T his will encourage rural youth to go towards pursuing agriculture as a serious career and bring in new innovations in the field .
Rahul Kumar
Agricultural EngineerThe agricultural sector will be revived and the productivity of farm products will be enhanced manifolds. This will not only make the lives of farmers and farm labourers easier but will also improve the food security of the nation.
Suresh Singh
DoctorProfit may be increased by many times as there is usually more profit on bigger land
Ramesh Lal
FarmerOur lifestyle may improve after this.
Lalan Singh
Farmer