Agritech Start-Ups and Cost and Management Accountants: Making Farmers Farmpreneurs!

Abstract

"Gaon, Garib aur Kisan" has been the agenda of Indian Government with the vision of doubling the income of farmer by 2022. Agritech start ups are enabling the farmers to use new tech solutions and can change the lives of farmers who are feeding the entire economy. The agricultural productivity is stymied by small land holdings, inadequate access to irrigation, imbalanced use of soil nutrients, and lack of modern technology, agricultural credit and proper prices to farm produce. Agritech start ups are trying to provide technology driven solutions to farming issues to make it a sustainable and profit yielding business. However, agritech start ups have their hair on fire and they are facing myriad problems. CMAs are efficient to provide Cost effective Managed and pro-Active solution to Agritech start ups and enabling them to facilitate Indian government in achieving the target of doubling farmer’s income by 2022.