42% of Indian workforce is employed in agriculture but contribute just 20% to the GDP
A farmer’s average monthly income is ₹6426
Every year 4% of these farmers leave agriculture due to drudgery
75% of farmer landholdings are less than 2 hectares
Almost 45.9% of India’s soil is facing degradation
Only 49% of agricultural land is irrigated, the rest is rainfed
Only 1/3 of the water released from dams and reservoirs reaches the farmer’s field
After overcoming these challenges, 40% of food is wasted before it even reaches the consumer
In India, smallholder farmers struggle with several issues that impact their livelihood, which lead to subsistence farming, low income, and increased debts. These include fragmented land, access to irrigation, unpredictable weather conditions, low productivity, etc.
These farmers have limited access to existing technological innovations due to a lack of awareness and restricted access to finance, exacerbated by the lack of an integrated approach and no incentivisation to adopt modern technologies and agronomic practices.
When it comes to innovations in Indian agriculture, popularly called AgriTech, there is a thriving innovation ecosystem. Agri research institutes, incubators, and corporates are continuously focusing on innovations to improve productivity, increase yield and achieve the best quality while sustainably using natural resources. However, these innovations haven’t really percolated down to the hands of the smallholder farmers. The uptake of technologies is slow; it often requires a sustained push to drive the adoption of technology. Hence, innovators need to keep the specific needs of the smallholder farmers in mind while innovating. This entails improving affordability, accessibility, and user experience.
This is where the role of Cisco – a worldwide leader in IT and networking, and Social Alpha, a multistage innovation curation and venture development platform, come into play.
The Krishi Mangal initiative launched in January 2021, seeks to improve the lives of smallholder farmers by accelerating deep-tech innovations in the AgriTech sector. The program brings together the power of innovation, entrepreneurship, and communities for the wellbeing and prosperity of small holder farmers.