Resolving agricultural challenges with a land consolidation platform
Developing countries face unique challenges in the agriculture sector compared to developed economies. Most of the issues stem from the fact that the average landholding is quite small compared to developed countries. For example, India is characterized by a large number of small farms, with the majority of the land dependent on natural rainfall for irrigation purposes. This situation is further compounded by the fact that more than half of the Indian population has farming as a main source of livelihood. A relatively small profit with limited insurance options results in a major chunk of farmers being perennially in debt. Additionally, there is the issue of land fragmentation, as land gets passed from one generation to the next. All these factors result in (constantly) dwindling profits per unit of farmland.
With limited automation, farming demands hard labor. This has resulted in most farmers’ children...