Challenges in Public Healthcare system in India

Better INDIA with Better HEALTH

Vidhya.V, Professor, SIMS

 

INTRODUCTION

Healthcare sector is growing in a rapid pace globally and it is one of the largest sectors in India. Healthcare constitutes of Hospitals, Medical devices, Pharmaceutics, Telemedicine, Medical tourism, Healthcare IT, Health Insurance and Public Health. The sector is in rising pace as its market is expected to reach 322 billion dollars by 2022 due to rise in income, health awareness, life style diseases and increasing market growth of Insurance industry. The Industry has both public and private players who contribute to the rising stage of health care. The private players are those who cater the needs of secondary and tertiary care to the public. The Government i.e public healthcare system focuses on rendering basic health facilities in the form of public health centres (PHC’s).

India’s public health systems is lacking behind the growth of the healthcare industry. The share of the central government has been steadily declining over the past few years on Public expenditure towards health. To match with this context Central government has initiated the launch of Ayushman Bharat, meaning Long Life India. This initiative will cater insurance needs for nearly 500 million people of India. This sounds to be great initiative that’s why it’s been called as the “world’s biggest healthcare programme”

The Government initiatives to promote public health are:

1. To increase healthcare spending by 3 percent of GDP in 2022
2. Government of India established AIIMS at Manethi on February 2019 to cater the healthcare needs in Haryana at a cost of Rs. 1299 crore.
3. Union cabinet approved to set up a National Nutrition Mission with a budget of Rs. 9,046 crore in India to monitor the nutrition related interventions in the country.
4. Government of India has launched Mission Indradhanush to improve the coverage of immunisation in the country.
5. Till July 2019 nearly 125.7million families were enrolled in Pradhan Mantri Jan Arogya Yojna
6. The number of medical colleges built in India is increased to 528 in February 2019

Still in India we need to develop in many areas of Public health like sanitation, hygiene, biomedical waste management and so on. The Swachh Bharath mission or Clean India movement has contributed to some extent by reducing spread of communicable diseases in India. Though we find many steps to improve the public health still we find it difficult in fighting against new communicable diseases that has emerged naturally such as like latest pandemic outbreak COVID 19. We can find everywhere it is lock down and the spread of the virus is not yet controlled. This shows where we lack and where we need to concentrate. India has taken very rapid measure to control the pandemic and still we are fighting against it.

Road ahead:

In the next ten years a lot to be changed in India. The public should trust the public health systems in India and join with Government to support the health care programmes. All government PHC’s should be maintained properly so that rural and urban people can trust on the PHC’s. In urban areas people are afraid to go to government hospitals due to poor sanitation and hygiene problems. Now the government can do a clear roadmap to enhance budgetary spending on healthcare must be increased to 5%-7% of GDP. It is not just the public healthcare system to be strengthened but to strengthen the link between health insurance, healthcare providers and the public also. Let’s hope for better India with better health.

            “PANDEMIC BOOST TOWARDS DIGITAL MEDIA CONSUMPTION”

K.Sindhuja, Assistant Professor, Sankara Institute of Management Science

INTRODUCTION:

In just some weeks following the outbreak, social and economic habits were broken, and that we are now struggling to stay our smiling  expression amid the crisis. The side effects of isolation may additionally influence your online activity, attracting unwanted attention from cyber criminal.

MEDIA ON OVER SHARE:

The pandemic has boosted digital media consumption across all platforms, from online gaming, movie streaming, forums and chat rooms.

Some of us may feel overwhelmed and have the urge to form a “stay-at-home journal” and post excessively. But what if increasing your social media exposure does more harm than good?

 However, if your personal information falls in the hands of identity thieves, you may get a bad case of identity theft or impersonation to deal with. Remember to post responsibly, to avoid leaving an online identity trail you might later have to regret.

EXPOSURE ON ONLINE FOR CHILDREN:

To prevent jeopardizing the lives of faculties, school children around the world have closed their doors so that online classes and home schooling has become the new trends. To keep the children engaged parents are looking towards online patterns to attract the children and make them engaged during this “QUARANTINE PERIOD”. It’s recommended to do and keep a detailed eye on what your child is exposed to within the digital world — what apps, streaming or online gaming platforms they use.

Moreover, the sense of being isolated from friends and other relations may rush you into posting photos and videos on social media platforms, whether or not just to mention Hello to the worlds to say I’M ALIVE (Funny)

ONLINE DATING & CHATTING APP:

Bars, restaurants and shopping malls are now closed. However we’re fortunate to live in a time where technological advancements allow us to hear and see each other over great distances. Forums and instant communication apps help us stay in touch with family and coworkers, and sometimes help us make new friends.

When loneliness kicks in, we become more vulnerable. If you’re confident that nothing bad can happen in an online dating app, you’re wrong. Anyone can use a different identity in the virtual world. The flexibility and anonymity people enjoy online is a double-edged sword, as you can’t really identify truth from fiction with any certainty.

In the context of the Covid-19 outbreak and the isolation that follows, people are more likely to access online portals designed to help users date, share their story or have a good laugh – we all need one.

ONLINE DECEPTION:

Online deception has crept into every known part of the net, and creating a fake account is simply the primary domino. Some might even play the victim card, claiming they were attacked or need medical aid  or their house was vandalized by robbers or they were laid off to do so.

 They will play on your empathy and may ask you to send them money. If you deny their request, things can get ugly. At best, they’ll simply block you and head on to the subsequent victim. In some cases, however, the scammers will even attempt to threaten you by exposing any secrets you would possibly have willingly shared with them.

CONCLUSION:

Focus on keeping your devices shielded from malicious activity and threats of every kind. Now over ever, you would like autonomy and safety as you reach the planet via your internet-enabled device.

Stay Safe!

Innovative Supply Chain and Logistics Trends

Dr.D.SathishKumar, Professor, SIMS

Technological innovations is one of the  most vital hour for  all the industries, this innovation will help the manual processes like data storage in different ways in different places to single place storage and monitoring. Companies within the logistics and supply chain must persist on the changes and innovations. The most important technologies that the companies should be aware in the upcoming years are

• Artificial and Augmented Intelligence:

This technology helps in intelligent transportation, rout planning and demand planning, the updates are delivery robots and sustainability solutions to warehouse automated picking systems etc.

• Digital Twins:

Physical and digital ones can be moulded into one and allowing the logistics professionals to engage with the digital model of a physical object or part like physical.

• Data Standards and Advanced Analytics:

Companies have stored data, leading to a fragmented ecosystem, creating massive inefficiencies and making it difficult to digitize operations. Data’s in silos will no longer be an option for companies who wanted to keep up with the changing times.

• The Growing Importance of Industry Newcomers:

No more new technology in the logistics as it is the process of shaping the future of logistics; it is also an emerging business models for new industry players. Ex: Digital Freight Forwarders.

• Autonomous Vehicles:

Autonomous Vehicles, be it truck or drones, have become closely associated with the close future of logistics, It is one of the most discussed logistics technology trends of recent times.

• Warehouse Robotics:

A recent shift in recent years is warehouse operations to automated warehouse with robotics. This is one of the logistics technology trends that are likely to continue. There has been an 18% year-over-year increase in testing of warehouse robotics.

Brighter side of social Distancing

                                                             Dr. Priya Kalyanasundaram, Professor, SIMS

While there is an outburst of do’s and don’ts on how to manage and curtail the virus or how fast it’s spreading into countries and cities as we speak,  Here are some tips on social distancing  during the lockdown period

The world of work prosper on planning, however, this unpredictability has disrupted our routine work  corporate, big or small around the world are forced to shift to remote work in response to the spread of COVID -19. The impact from the health, safety, finance and economy perspective are unimaginable.

Anxiety and fear seem to be growing and casting a cloud of uncertainty around people. The continuous media cycle and deluge of WhatsApp messages surrounding the outbreak, has frightened us more. We have all been asked to practice social distancing and working from home (WFH).

Here are some of the tips on social distancing and work from home

• Dedicated Office Space

Not everyone has a separate room that can be converted into an office. So, it could be your study table or the dining table in the living room. Do not sit in your bedroom. If you have no choice, draw the curtains and let natural light filter in.

• Ground Rules

Ensure you have a login time and a log out time with your organization. When you are at your workstation, focus on work. Make it look office-like with peripherals and stationery.

Dress to Impress

 DON’T wear comfortable semi-formal clothes. Wear a formal dress wherein it will put you in work-mode.

Be Seen and Heard

Since most of the work require video calls and conference calls, make your presence felt by being present, physically and by speaking up, else you’ll be lost in the sea of Zoom videos and chaos of conference calls.

Eat well and Right.

When you are at home and busy with work, the temptation to skip or eat too much is a possibility. Plan your menu to provide you adequate nutrition, needed. Fortify yourself with regular water breaks.

MOVE.

 Keep moving every 30 minutes. Do five neck rolls, ten squats, ten high jumps and five body rotations to keep yourself  healthy.Many organizations are encouraging clients to stay fit at home and posting instructional videos online, too.

Call Friends and Colleagues.

While you may not be able to visit people in person, that does not mean that you cannot connect. The ideal way to overcome this period of isolation is to reach out to a friend, family or people you trust and share your concerns and feelings. Discuss lighter things like movies, music, books to keep yourself  positive.

Learn Something New.

Make time to focus on the things you wanted to learn but didn’t have the time for. Sign up for an online course – could it be a value added course, photoshop, a language, music or watch one TEDx or hear one podcast that adds value to you, personally or professionally.

Restrict Media Consumption.

At the moment, the media is on hyper-drive with news of gloom and despair. Go to news channels that are trustworthy. Restrict friends posts if they are constantly pushing messages that creates stress.

 Indulge in Self-care.

Avoid obsess about the coronavirus and include practices that promote health and positivity like yoga, meditation etc. Sleep is important during this time and practicing sleep hygiene ensures you get sufficient rest.

Power of Music.

Music has a therapeutic effect on your mood and emotions elevating joy and positivity and reducing any influence of pain and anxiety. As it can normalize your blood pressure, steadies the heart rate, and relieve your stress, so do not underestimate the power of music.

While none of us are clear when this pandemic will subside and how long we need to practice social distancing, it is not the time to allow fear to dictate your life. Let social-distancing not isolate you. Let working from home not break the social bond of teamwork. Let this time of crisis not fade out our happiness. Look for possibilities that take you ahead. For this too, shall pass.

 

 

 

Indian Economy- Demonetisation and Corona – A Comparative study.

 S. Thilak, Assistant Professor, SIMS

Impact of Demonetisation:

            In November 2016 the Government took a bold step to ban 1000 and 500 Rupees note completely. This big step has taken to destroy fake currencies, resist tax evasion, extinguish the black money and terrorist financing and to look forwards towards cashless Digital India. This decision was taken for the welfare of the Country. Due to this decision there were many controversies and many faced many financial problems. There are few impacts because of the demonetisation are as follows.

1.MCRL Rates (Marginal cost Landing Rates) has increased in Several Commercial and Private Banks.

2. Nifty fell apporx. 6.3% and BSE fell 5.9%. (just in month period)
3. The targeted economic growth rate about 7.5% which was unable to achieve.
4. India’s 45% of GDP are given by IT industries they also have been affected.
5. The monthly average sales of real estates have reduced from 49% to 40%.
6. FMCG industry has gone by 1% to 1.5%, the purchase of FMCG has gone down to 6.5%.

Note: The demonetization is not new to us, 10,000 rupees note where printed in 1938 and again in 1954. These notes where demonetized in 1946 and again in 1976. But this did not have any impact in the Economy because only 5% of the public where having this Currency.

Sectors	3rd and 4th Quarter	1st and 2nd Quarter
	(Rupee Billion)
Agriculture, Forestry and Fishing	7000.06	9961.67
Mining & Quarrying	1518.53	1786.33
Manufacturing	10078.78	10120.5
Electricity, Gas, Water Supply & Other Utility	1218.68	1187.23
Construction	4471.11	4475.57
Trade, Hotels, Transport, Communication and Services Related to Broadcasting	10200.22	11239.34
Financial, Real Estate and Professional Services	13676.84	10619.54
Public Administration, Defence and Other Services	6855.46	7444.56

*Source: Central Statistic Office(CSO)

            This impact was during demonetization, in which the economy had a short fall. Slowly we were able to get back to growth rate of our economy . But now we are facing an Economic Crisis which is affecting all the countries including our Country. This is because of World Health Threat, the virus out-break during Dec 2019 & Jan 2020 in Wuhan, China Novel Corona Virus.

Impact of Corona in Indian Economy:

Novel Corona Virus a new Threat to Global Man Kind. This was discovered in the recent times and the out break of this infection is more than what we have seen during the outbreak of SARS 2015. Due to this COVID-19 the world economy had short fall. Many Countries like Italy, China etc., have been suffering both physically and Economically. Even our country also facing the Economic crisis due to the out break of Novel Corona Virus.

            Indian’s Economy could take a hit of up to half a percent in this FY21 said by the Indian Economic Analysists.

• There will be a hit of 0.3% to 0.5% in GDP in the next fiscal year. In the first 2 quarter it was 4%-4.5%. Maybe this may drop to 3.9% to 4% in GDP.
• India cannot attain the planned 5% growth rate in the current fiscal year.
• RBI expect the current account deficits would be 22-24 billion dollars.
• Trade deficit fell to the lowest level of 9.85 billion dollars.
• The Exports declining at the rate of 2.91% in February 2020 it was 27.65 Billion Dollars.

Let’s see what all the sectors which have been affected due to this COVID-19 outbreak.

1.Aviation:

585 international flights have been cancelled by the private passengers in March 6. On March 12^th India has cancelled all the Visas which was issued earlier. India’s largest airlines has reported that they had 10%-15% of Decline.

2. Hospitality:

            The restaurant business has fallen by 35%. The average occupancy has fallen from 70%-75% to 20%. National Restaurant Association of India has reported that restaurant’s business has been declined to 35%.  Many of the Multiplexes from major cities they have been shut down.

3.Apparels:

            Many countries have denied the products from India almost 35% of apparels are waiting for the Exports. More than 60% of the revenue of Apparels comes from Export which is almost one lakh crores.

4. Consumer Durable and Electronics:

            More than 15% of Consumer Durables has fall in during the period of Jan-Mar 2020. India Imports more than 45% of Accessories and Spares from China which is also denied.

5. Poultry and Seafood:

            More than 30% fall in demand of chicken in past three week. Poultry industry are forced to sell the chickens at a cost of 30rs. The stock pileup for the Poultry Industry due to the outbreak of the Virus and the Fake news which was circulated among the public is cause of the pileup. Many European countries and many other countries have denied the Export of Seafoods.

            Due the outbreak of Novel Corona Virus (COVID-19) many sectors have their decline stage and Indian Economic growth is started to fall down. Imports and Exports have stopped for the short period of time due to that Tons and Tons products have been stocked to delivered. If this situation continues many businesses is going to end up. Analysist are predicting that the situation is going to still worse in the month of April and May.

ARTIFICIAL INTELLIGENCE AN EFFECTIVE LEARNING MANAGEMENT SYSTEM

Dr.S.SUNDARARAJAN, PROFESSOR, SIMS

A Learning Management System is an important constituent of an operative learning strategy being the driving force of a comprehensive learning technology solution. With a successful and easier adoption with Learning Management System, AI-powered learning develops  relationship between the user and application and ease the distribution, management, and measurement of organizations’ corporate e-learning programs with a software-based platform i.e. Learning Management System. Artificial Intelligence has a prodigious prospect in the LMS world and will keep you up-to-date with e-learning trends. Implementing Artificial Intelligence in the learning management systems (LMS) will better the efficiency of your training programs.

The Evolving Trends for AI in LMS

1. Gamification and AI in LMS: Gamification is an essential asset which is also the most recent pattern in the Learning Management System and it is the powerful tool that come together with AI.
2. Virtual Tutoring:

Artificial intelligence in the LMS framework can make virtual tutoring tools that depend on the client’s connections. It can develop virtual tutoring tools based on the interactions with the user.

3. Highly Intuitive Content:

 The content that is provided to the user is improved and almost created as per their requirements with the artificial intelligence software in the learning management system.

4. Talent Management – The HR professionals and school counselors hinge on Talent Management systems in former times. This helps them to identify knowledge gaps in employees or students to bring about their progress.
5. Mobile Learning – Mobile technology has reshaped the LMS dynamics with numerous technology services, to get into the learning content anywhere, anytime, irrespective of the device to better allow learning at the point of requisite. Mobile apps, HTML and other mobile functionality will be the next normal for Learning Management System.
6. Better Content with Artificial Intelligence in LMS – One of the most noteworthy advances that AI brings to the LMS stage and their clients have to do is with the content.
7. Interactive video-based learning -Long time back the digital marketers and business owners had understood the supremacies of videos. The good news attached to it is that we will witness additional reinforcement of this medium in eLearning in 2019.

Benefits of Artificial Intelligence in LMS:

Improve the effectiveness of your training programs with the implementation of artificial intelligence in LMS. Artificial intelligence is highly intuitive software that provides quality and precision in educational processes, it has been implemented especially in fields like virtual learning, education, corporate, large-scale or small groups of users.

The Role of AI in learning:

AI’s digital, dynamic nature also offers opportunities for student engagement that cannot be found in often outdated documents or in the fixed environment. In a synergistic fashion, AI has the potential to propel and accelerate the discovery of new learning frontiers and the creation of innovative technologies.

Examples of AI   in Learning:

1. Smart Learning Content- The concept of smart content is a trendy theme now as AI can create digital content with the same degree of grammatical prowess as their human doppelganger.
2. Intelligent Tutoring Systems

AI can do more than condense a lecture into flashcards and smart study guides as it can also tutor a learner based on the difficulties they’re having.

3. Virtual Facilitators and Learning Environments

With AI, an actual lecturer may soon be replaced by a robot. A new trending technology is known as the “touchless technology” or “gesture recognition technology” gives virtual facilitators the ability to respond or act like humans in a natural way, responding both verbal and nonverbal cues.

4. Content Analytics

Content analytics refers to AI (specifically machine learning) platforms that optimize learning modules.

Paving new learning pathways in the coming decade:

Learning is a domain largely ruled by human-to-human interaction. The assimilation of AI has been slower to develop the necessary human-like attributes of receptivity, versatility, and understanding.

From the way content is delivered to the communication of producing a massive impression on the impacts on the costs of executing a LMS platform, its benefits can range much. The eLearning industry will be impacted by these top Learning Management System trends. Artificial intelligence turns into the extraordinary partner of organizations and academic institutions for their virtual training, training processes, on boarding and different parts of the huge universe of eLearning.

DOES VIRTUAL CURRENCY INFLUENCES BANKING SYSTEM

S.SARAVANAN , ASSISTANT PROFESSOR, SIMS

Virtual currency came into presence in 2009 and it is the primary carefully decentralized money that one can use for exchanging through online stages. Any individual who needs to utilize this Virtual currency must have a computerized wallet that is in types of  application, cloud store or equipment. It was acquainted to give individuals a substitute framework for banking.

The national bank has consistently acted as an autonomous middle person between at least two people associated with money transfer. Banks act as an intermediaries for liquid asset .India has not yet completely embraced the utilization of computerized monetary standards.

The residents of India are disillusioned by the nation’s shoddy and imparted monitory choices, thus bringing about popularity for virtual currency. In India, individuals and few associations are putting  attempts to promote new currency exchanges. Virtual currency could be an answer for the new type of investment apart from Indian government money related structures.

For developing interest for the expansion of Virtual currency and the debilitating of the nearby money, The Ministry of Finance through the Economic Affairs Department delegated a board of trustees that would investigate matters concerning the utilization of virtual cash.

 Indian government has understood that it can’t limit its residents from the utilization of Virtual currency as a vehicle of trade. Besides, the legislature of India has started a discussion on its online entryway for citizens over the activity of virtual cash. The administration has showed a drive to comprehend the activity of Virtual currency and has prepared to offer assets structures.

Demand oriented Pricing strategy in Retailing

Dr.K.ThirugnanaSambanthan, Professor, SIMS

      A retailer fixing the price on the basis of customer demand is called Demand oriented pricing.  Most of the retailers try to work backwards starting from the product perceiving value to the buyer, rather than starting from the costs.  This type of pricing is used to maximize the profit.  The retailers who adopt demand oriented pricing consider a range of prices that are acceptable to target customers. The retailers who use demand oriented pricing approach should understand the psychological implications of the retail price on customers. The stated sales goals can be achieved by estimating the quantity of goods that the customers demand for various products at different level of price. This demand oriented pricing used by the retailer’s struggles to gain sales volumes and market share.  The retailers should consider the following types of pricing

• Price Quality Association

Most of the customers perceive a high priced product as a high quality product and a low priced product as low quality product.

• Prestige Pricing

   Retailers using this pricing approach do not keep low value goods and services in their store as they think customer may perceive the store as low quality store.

This type of prestige pricing may sometimes boomerang since some customers who are economizers may enter the shop for buying as they tend to look for discounts.

Thus a retailer should study about the target customers before fixing the price for their product.

Clinical Decision Support System in Healthcare

 V. Vidhya, Professor, SIMS

    Clinical Decision support system is a latest trend of healthcare information. This technology provides physicians and healthcare providers to make clinical decisions. Robert Hayward defined “Clinical decision support systems  link health observations with health knowledge to influence health choices by clinicians for improved health care”. CDSS is a form of Artificial Intelligence in Medicine.

    A clinical support system is making an advice clinically to the patient based on the multiple patient data. As a health IT tool CDSS has an all over reach in the healthcare sector. It is applied in the healthcare sector to improve the quality, avoid medical errors and know about the patients’ health information well in advance. CDSS as a tool enables to fix up reminders for preventive care, give alert about the dangerous drug interactions and alert healthcare providers to initiate the test that patient has to undergo. It can also give a precautious sign if there has been any kind of improper diagnosis, missed or wrong dosage of medications.

CPOE – Computerized Physician Order Entry is one of the forms of CDSS where physicians automate the medications order. CPOE is a standardized format where physicians can enter the medications and it can be integrated with CDSS for enhancing the patient safety.

Applications of CDSS in hospitals:

1. A hospital in Albama has decreased its sepsis mortality rates by implementing CDSS. Real time alerts where given for new diagnosis for sepsis and remainders where given to the providers to check for the worsening vital signs among the sepsis patients
2. Mayo Clinic employs CDS that helps the nurses to deliver complete and accurate phone screenings of patients who seek appointments. The computerised software gives detail questions to the nurses so that they do not miss any information about the patient health.
3. CDSS application with head injury patients by Yale and the Mayo Clinic gives guidelines and provides information on severity of the injury.  The application explains decision treatments to patients and reducing the number of unnecessary CT scans.

Criticisms and Solution for CDSS implementation:

            This new technology is an existing workflow of clinicians is an frustrating one.  As by AMA report clinicians spend more time on entering the data in keyboard than they spend with their patients. This makes the health care industry to change its view on the CDSS as a time-consuming process rather than time saving. Anyway, this assumption can be broken down by establishing a specific team and defining a project scope. To start with the organisation which is going to adopt CDSS technology should be ready to use it in some specific clinical departments and they should set goals and priorities for the same. The organisation should be ready to adopt any change in its work flow and this readiness will be the first step in implementing CDSS. Physicians, nurses, administrators, and other technology users should be part of the discussion while implementing CDSS and in considering CDS vendors or implementation strategies. The acceptance by the clinicians that someone discussing their patient’s diagnosis and medications will be a successful implementation of the above technology.

Collecting feedback from the users of the technology is like getting stakeholder input before going for live. The impact of patient quality care, patient safety, workflow and provider / patient satisfaction after implementation of CDSS is the feedback measure of the above technology. End user feedback can help inform future efforts and make positive changes to the process. Clinical decision support tools can improve patient safety and care quality if providers accept the addition to their workflow and don’t feel frustrated by new alerts or notifications. As CDS tool continue to grow along with machine learning and AI provider may find the future of CDS to be more intuitive and less intrusive.

“AGRICULTURAL ENTREPRENEURSHIP AS A LATEST TREND”

K.Sindhuja, Assistant Professor,

Sankara Institute of Management Science

Introduction:

Agricultural entrepreneurship is gaining traction and obtaining additional support from universities and industries. Whereas most up-to-date agricultural start-ups target producers who have opportunities for higher serve investors and agricultural professionals. Higher knowledge management helps agricultural production and management to be a possible supply of recent ideas. Despite the challenges, the agricultural property professionals ought to be additional responsive to newer knowledge, tools, and technologies brought by these innovative corporations. In addition, automation, computing, and sensors can gift important opportunities for brand new start-ups.

Agriculture has invariably been referred to as the backbone of the Indian economy, supporting the livelihoods of the bulk of the population. Though Asian country features an important presence internationally in terms of production of key cereals, pulses, fruits, vegetables, and animal merchandise, at an equivalent time, productivity is fairly low.

Agro technology start-ups area unit is an meaningful answer across the agricultural worth chain and maybe within the style of a product, service or associate application. We’ve determined good growth of Agri start-ups within the country in 5 focus areas: offer chain, infrastructure development, finance, and connected solutions, farm knowledge analytics, and data platforms. Offer chain start-ups generally involve those operating in e-distribution, e-marketplace and a number of other linking platforms. The infrastructure developer subcomponent, for the most part, encompasses those in an exceedingly drip like technology answer, system or elements, agriculture, etc. Finance-related solutions area unit around payments, distribution and innovative disposition, whereas farm knowledge analytics contains farm mapping, field operations and remote sensing involving interventions. Info platform start-ups area unit connected to the knowledge dissemination business.

Agri start-ups in India: Technology answer to factory farm problems:     

Agricultural start-ups in the Asian country area unit are still at an aborting stage, with regarding three hundred agripreneurs attempting to resolve multiple rising issues within the Indian factory farm scheme. The combined revenue of all Agri tech start-ups in Asian country is calculable to be  one hundred million USD, that may visit the ocean in an exceedingly market price over 350 billion USD.Thus, the chance to scale and disrupt is large. The Asian country has created a robust name for itself within the international start-up community. It ranks amongst the highest 5 countries within the world in terms of the range of start-ups based. It’s calculable that Asian country homes around four, 200 start-ups, making over eighty-five. By 2020, the quantity of start-ups in Asian countries is projected to extend to with job creation from these entrepreneurs reaching 250–300 K by 2020.

Deciphering the main focus areas in Agri start-ups:

 Globally, agricultural technology start-ups area unit rife in agricultural biotechnology, on-line farm-to-consumer, farm management software package, sensing and IoT, robotics, mechanization instrumentation, novel farming systems, food safety, and traceability, etc. In 2019, the worldwide agritech investment figure stood at 23 billion USD. Asian country continues to be among the highest six countries globally, with the best range of deals in agricultural technology. (The US, Canada, the UK, Israel, and France comprise the opposite 5 countries.)

Conclusion:

We find that several start-ups leverages has massive knowledge promptly accessible in agriculture and use newer technologies like computing in analyzing satellite pictures, assembling and synthesizing public and personal datasets in one platform, conducting on-the-spot observation and assessment of crop and soil info, and/ providing higher resolution estimates victimization techniques like prophetical analytics. Agricultural start-ups have more and more vital sensible implications for rural property professionals, presenting each opportunity and challenge.