Agri-business Requires Tech Support To Boost Productivity
Bangalore: Government must provide soft loans to farmers for supplementing technology use in their quest for increasing agricultural output, the chairman and managing director of the National Research Development Corporation (NDRC) Rajendra Dhabol has said.
He made this reference while interacting with an industry meet organized by the NDRC in collaboration with the Department of Scientific and Industrial Research, Ministry of Science and Technology Government of India, at the Micro, Small and Medium Enterprises Development Institute, Bangalore, and the Karnataka State Small Scale Industries Association (KASSIA).
“To encourage farming, NDRC acts like a bridge between research and development agencies and industries. The cost factor is a point of concern among the farming community when applying technology, hence government schemes can help them use technology to produce more in a limited area. We would provide the platform for all these activities in the workshop,” he said.
Director, MSME-Development Institute S N Rangaprasad said, there were concerns in banking sector on loans provided to small and micro industry being waived, but in recent meetings with bankers, these issues were ironed out.