ATM News Network: From personal use to warfare, drones or aerial vehicles are being used extensively. If someone tells you that drones can also add to the economic development of the country, you will not believe it. The World Economic Forum has expressed this prediction, and the same content has been published by the Economics Times.
According to the report, drones are likely to be at the center of transformation in the Indian agricultural technology sector, with drones having the potential to increase the country's GDP by 1 to 1.5 percent. The World Economic Forum has said in a report that at least five lakh jobs will be added in this sector in the next few years.
Artificial intelligence (AI), agricultural, military and civil technologies are truly revolutionising the remote areas of the country. which has the power to truly transform the lives of people. Drones are at the center of such a revolution. They can become the basis for the transformation of the economy, the report said.
India's agriculture sector is vital to the economy. Agriculture is the means of livelihood of 8% of the households in the country. Agriculture provides food security to 1.3 billion citizens living in the world's second most populous country. In fact, Indian agriculture is not only important for the domestic market, but is also an important component of the global food supply chain.
India exported $29,815 million worth of agricultural and allied products in 2020-21, the World Economic Forum said.
However, the agricultural sector has reached a critical point. Where nutrition security, self-sufficiency, environmental issues, climate change and sharp inflation have increased the challenge of food security.
Other challenges include fragmented land facing the agricultural sector, inefficient use of agricultural inputs, poor availability of credit and financial inclusion, lack of market access and poor post-harvest infrastructure. A combination of infrastructure and access challenges has prevented Indian agriculture from achieving its full potential, the report said.