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Role of NABARD in Organic Farming

What is Eco-friendly farming?

1. It is the farming through integration of biological, cultural and natural inputs including integrated disease and pest management practices.

2. It emphasizes on the need for farming which should create an ecological balance and a micro-environment suitable for health and growth of soil micro-flora, plants, animals, farm workers and the vast population which consumes the farm produce.

3. It combines tradition, innovation and science to benefit the shared environment and promote fair relationships and a good quality of life for all.

Why are farmers turning to organic farming?

1. Health and safety of their families, consumers, and livestock and by idealistic convictions about soil and land stewardship.

2. Increase in cost of chemicals and credit.

3. After a transitional period of 3 to 5 years, organic systems can produce up to 95% of conventional yields.

4. Organic farming is less dependent on fossil fuels, expensive inputs, and annual loans, making it less vulnerable to financial market fluctuations.

Where does organic farming utilize various natural capital functions?

1. Natural capital is a new branch of economics that recognizes the way people benefit from natural systems as a form of capital such as trees making oxygen.

2. Adding organic matter to soil each year increases soil’s ability to store carbon dioxide, water holding capacity, reducing pressure on water resources and making organic farms more resilient to drought.

3. Genetic diversity on organic vegetable and seed farms acts as a well-endowed gene bank for potential new varieties that will be resilient against future environmental changes.

Which are the benefits of organic farming in India?

1. Maintaining of a stable resource balance.

2. Avoids overexploitation of natural resources.

3. Conservation of inherent soil nutritional quality and soil health, and biodiversity.

4. The role of organic farming can be leveraged to mitigate the ever-increasing problem of food security in India.

How is NABARD supporting organic farming?

1. NABARD Consultancy services for Organic Farming: Nabcons has the know-how on cultivation practices under organic farming through alternate eco-friendly technologies like bio fertilizers, bio pesticides, neem formulations etc.

2. Subsidy schemes of NABARD for Organic Farming: The capital investment subsidy scheme for commercial production unit of organic/biological inputs is being implemented by the Department of Agriculture and Cooperation through the National Centre of Organic Farming (NCOF) in collaboration with NABARD.

3. The objective is to promote organic farming in the country by making available the organic inputs, to increase agricultural productivity while ensuring environmental safety.

Thus, the proposition of organic farming in India’s rural economy holds good as an alternative to arrest the problems associated with rapid industrialization of rural states and exponential population growth.