 P : Political factors affecting the agricultural industry.

 E : Economic factors affecting the agricultural

industry.
 S : Social factors affecting the agricultural industry.
 T : Technological factors affecting the agricultural
industry.
 E : Environmental factors affecting the agricultural
industry.
 Legal : Laws or legal factors affecting the agricultural
industry.
 The agriculture sector recorded satisfactory
growth due to improved technology,
irrigation, inputs and pricing policies.

Despite the structural change, agriculture still

remains a key sector, providing both employment
and livelihood opportunities to more than 70
percent of the country's population who live in rural
areas.

The water availability for agricultural uses has reached

a critical level and deserves urgent attention of all
concerned.
 Micro finance scheme has been introduced by National Bank
for Agriculture and Rural Development the apex bank for agriculture
and rural development in India, to improve the access of the rural poor
to formal institutional credit and other financial products.

 Insurance is a prime necessity to mitigate uncertainty that persists in

agriculture. In India, agriculture is still affected by such factors, which
are beyond control of human being. So, there is a great need for
agricultural insurance in India.

 Availability of adequate credit is vital for every sector and agriculture is

not an exception.

 In India, Commercial Banks, Cooperative Banks, and Regional Rural

Banks ( RRBs) are responsible for smooth flow of credit to agricultural
sector .
 Since long time, Indian farmers have been facing a number
of socioeconomic problems:

 harassment by moneylenders.

 inability to repay debts following crop loss.

 inability to get medical treatment for the family.

 The families of the farmers who had committed suicide

were also offered an ex-gratia grant to the tune of
Rs.100000 by the government .
 Strategies and programs have been directed towards
replacement of traditional land inefficient implements
by improved ones:
 enabling the farmers to own tractors , power tillers,
harvesters and other machines.
 availability of custom services, support services of
human resource development, testing and evaluation
and research and development.
 financial assistance isprovided to the farmers for the
purchase of identified agricultural implements
andmachines
 Rains is the life blood for India agricultural sector.

 In India, monsoon is crucial for summer sow crops, like,

soybean, rice, cotton ansugarcane.

 With only 40 percent of farmland irrigated, the vast

majority of India's small farmers depend on monsoon to
water their seeds.
 Irrigation: Provision has been made in a number of ,states
for constructing , improving irrigation works.

 Soil and water conservation: In order to prevent soil

deterioration owing to erosion, most of the states have
enacted legislation, empowering their governments to take
up early anti soil-erosion measures.

 Fertilizers : The law envisaged the statutory control of the

prices of three fertilizers, namelyammonium sulphate, urea
and calcium ammonium nitrate
 BY: FUTURE AGRICULTURALIST