Strengthening the agricultural entrepreneurship: Insights on transformative influence

Abstract

Agri-entrepreneurship being very important component of attracting youth to agriculture, the efforts made by different public agencies in India in this direction through various interventions and enterprises needed to be studied. Mushroom (Agaricus bisporus) production is one of the most popular enterprises promoted to pursue this objective throughout India. This study considered 2016–17 as the base year and 2020–21 as the assessment year. Mushroom production in India almost doubled during the assessment period (1.29 lakh tonnes in 2016–17 and 2.59 lakh tonnes in 2020–21) at a robust compound annual growth rate of 19.17%. The net agricultural income of the respondents at national level (other than mushroom income) was ₹1.25 lakh/annum during 2020–21 while their net income from mushroom cultivation was 2.48 lakh/annum. On an average 532 man-days of employment per unit was generated by the mushroom entrepreneurs at national level with considerable variation in income and employment generation across the states/UTs. Age of the entrepreneur was found having negative effect on employment generation, validating the relevance of attracting rural youth to agriculture in India. The lack of ability of resource centres for building capacity of the entrepreneurs for generating net income to the level of sizeable proportion of their annual expected livelihood was observed to be the strong reason for higher attrition rate in this enterprise. The insights suggest that redesigning of capacity building programs and institutional supports as per the current challenges in entrepreneurship development can better influence the ultimate outcomes.