Farming is the backbone of civilization, providing sustenance, employment, and stability for communities across the globe. From the ancient times when humans first began cultivating crops, to the modern era of advanced technology and innovative agricultural practices, farming remains the cornerstone of our existence. Farmers are the unsung heroes who toil day and night to ensure that our plates are filled, and our communities thrive.
We, at BASF, recognize and support the efforts of our farmers, appreciating the immense impact they have on our well-being and the sustainable future of our country and our planet. We believe that farming is the biggest job on Earth, and its the love of farming that motivates us to constantly push the boundaries of present to seek innovative solutions for the future.
The Biggest Job on Earth Is Getting Bigger
The agricultural sector in India has performed admirably in recent years, expanding at a compounded annual growth rate (CAGR) of 3.7% between 2017-18 and 2021-22. In 2021-22, the estimated real agriculture gross value added (GVA) was Rs. 21.1 lakh crore (US$ 256.4 billion), accounting for 15.5% of total GVA and 6.4% higher than the pre-pandemic level. Even during the pandemic, the agriculture GVA increased for all products, including foodgrains, cereals, pulses and oilseeds, providing the country with the much-needed food security.
