A Suggestive Business Model for Agri-Business Sector in India to combat Economic Challenges and Employment Generation

Agriculture is the backbone of Indian Economy. Indian agriculture sector accounts, 25 per cent of GDP of India and creates employment to 50% of the countries workforce. Total farmers and cultivators population of India is more than 118.7 Million as per 2011 Census report. India is the second largest producer of fruits and vegetables in the world. Due to technological upgradation and availability of various Agricultural input, India has got food deficiency to food sufficiency. With the growth of population in India, an estimated 450 million tonnes of food grains are required by 2030 due to projected population of 150 crores. Scientist, Researchers, Social activist are in continuous task to combat with situation reason being at present food grains production in India is likely 275 million tonnes, otherwise India has to go with begging bowel to bring food from outside countries to tackle with the future food crisis. This Journal paper reflects channelizing Agri-produce to Agri-business Sector with a suggestive Business Model. This business model will function primarily with the Famers and Agri-entrepreneurs in close co-ordination with Marketing Board and State Functionary.