“To forget how to dig the earth and to tend the soil is to forget ourselves.” - Mohandas K. Gandhi

A sector that provides work to over 50% of the population is contributing less than 1/5th to its GDP indicatng a clear imbalance.

DISRUPTION… DEVELOPMENT… DILEMMA… Only a approach can change the future of INDIAN AGRI-BUSINESS DISRUPTION… DEVELOPMENT… DILEMMA…

INDIAN AGRI-BUSINESS A year never seen before – an inflection point for Indian agriculture? Disruption Demonetization GST Development Palm plantation promotion Farm loan waivers Crop loan credit eNAM Dilemma Make in India

DISRUPTION - Demonetisation Short term Fear of negative impact Transitional stress Initial effect on prices of perishable goods Long term Better access to credit Elimination of middleman Direct subsidy transfer Link to a national and global market

DISRUPTION - GST Short term Lower uptake in period leading to GST Spillover effect in first quarter after implementation as channel adapts to the new system Long term Single tax system for a unified national market No variation of taxes across states Promote cost effective production Advantage for organized players

DEVELOPMENT Palm Plantation Promotion Relaxation of land ceiling under NMOOP Boost to corporate investment Farm Loan Waiver Need for an umbrella insurance for covering price risk as well as loss risk due to vagaries of weather Need for education of farmers Increase in scope and coverage of PMFBY NMOOP – National Mission on Oilseeds and Oil Palms 60% of 6000 farmers surveyed by CAG had no idea of the government run crop insurance schemes. PMFBY – Pradhan Mantri Fasal Bima Yojanan;

DEVELOPMENT Crop Loan Credit NABARD’s enhanced fund limit for crop loan credit to DCCBs Ease of access from cooperative banks and societies Kisan Credit Cards into RuPay fold Credit access to 3 crore small farmers through debit cards eNAM Integrated system for agricultural produce at national level Free flow across states Promotion of transparent trade and fair competition Integrated electronic settlement systems 60% of 6000 farmers surveyed by CAG had no idea of the government run crop insurance schemes.

DILEMMA – Make in India ENCOURAGES IMPORTS vs. ENCOURAGES CHEAPER IMPORTS OF CPO AND RBD PALM STRONG RUPEE DISCOUNTING BY MAJOR EXPORTERS ENCOURAGES IMPORTS vs. 60% of 6000 farmers surveyed by CAG had no idea of the government run crop insurance schemes. INCREASE IN IMPORT DUTY ON CPO AND RBD PALM ENCOURAGES ‘MAKE IN INDIA’

Will this chart change in the next 10 years? Make in India – Becoming Self-Reliant Will this chart change in the next 10 years? 60% of 6000 farmers surveyed by CAG had no idea of the government run crop insurance schemes.

‘Make in India’ – Becoming Self-Reliant Basic food items – wheat, rice, salt, sugar, dairy and edible oil Edible oil is the only basic commodity imported in large quantities (70%) 60% of 6000 farmers surveyed by CAG had no idea of the government run crop insurance schemes. Edible Oil is the 3rd highest item in India’s import bill after Petroleum and Gold

‘Make in India’ – Becoming Self-Reliant Challenges HOW DO WE REDUCE FOREX OUTGO ON IMPORT OF EDIBLE OIL? HOW DO WE BECOME SELF RELIANT IN EDIBLE OIL? HOW DO WE GET AGRICULTURE BACK IN ITS PRIDE OF PLACE 60% of 6000 farmers surveyed by CAG had no idea of the government run crop insurance schemes.

Ruchi soya – working to transform india’s lifeline Associated with over 10 million farmers through soyabean, mustard , palm and other crops. Ruchi’s palm plantation business touches the lives of over 30000 farmers, with farm inputs and technical assistance with the surety of the offtake arrangement. Our efforts are in line with the vision of our Hon’ble Prime Minister to double farmers’ incomes by 2022. 60% of 6000 farmers surveyed by CAG had no idea of the government run crop insurance schemes.

60% of 6000 farmers surveyed by CAG had no idea of the government run crop insurance schemes.