As the Union Budget 2026-27 approaches, the agriculture sector is making a strong pitch for significant technological advancements and climate-resilient infrastructure. Industry stakeholders are calling for a strategic shift in how the government views and supports this vital part of the economy.
A Critical Opportunity for Transformation
Agriculture and its allied sectors currently employ approximately 45 percent of India's workforce. Despite this massive contribution to employment, the sector accounts for only about 18 percent of the country's gross value added. This disparity highlights a pressing need for change.
Industry voices are now emphasizing that Budget 2026-27 presents a crucial moment. They believe it is time to reposition agriculture as a powerful engine of economic growth. The current perception of the sector as primarily a welfare concern must evolve.
Key Demands from the Sector
The primary demands center around two main areas:
- Technology Push: There is a strong call for increased investment in smart agriculture technologies. This includes precision farming tools, drone-based monitoring, and advanced irrigation systems.
- Climate-Smart Infrastructure: Building infrastructure that can withstand climate challenges is essential. This involves developing resilient storage facilities, efficient supply chains, and sustainable water management systems.
These initiatives aim to boost productivity and profitability. By integrating modern technology, farmers can achieve better yields with fewer resources. Climate-smart infrastructure will help mitigate risks associated with unpredictable weather patterns.
Moving Beyond Welfare
For too long, agriculture has been viewed through the lens of social welfare. While support measures are important, industry leaders argue that a more dynamic approach is needed. The sector has the potential to drive substantial economic growth if given the right tools and infrastructure.
The upcoming budget is seen as a pivotal platform to announce these changes. Stakeholders hope that the government will allocate sufficient funds and create supportive policies. This could mark a turning point for Indian agriculture, transforming it into a modern, efficient, and growth-oriented industry.
The focus is clear: leverage technology and build resilient systems to unlock the sector's full potential. The decisions made in Budget 2026-27 could shape the future of agriculture in India for years to come.
