Pest analysis of agriculture market
Pestle analysis example
Sinha, J. Bhagwati, J. Each factor will be elaborated on below: Political Factors: These factors are all about how and to what degree a government intervenes in the economy or a certain industry. Gliessman states that since the s, a number of legislative measures were adopted for the preservation of the environment but they largely remain ineffective. Joshi, V. Strengthen conservation measures based on the traditional knowledge and value system with which the tribal communities could identify, e. Therefore, its prospective growth has to be one of the primary objectives of the government development plans. A growing population has made industrial development one of the Indian government's highest policy priorities; it is an important element of economic development as it assists in raising national income at a more rapid pace. However, in such an undeveloped country such as India, the contribution of pollution and ecological regulations is weak, partly due to ineffective measures adopted or the lower relative value placed on the ambient quality of life. Unfortunately, the implementation of environmental laws and their enforcement is decentralised and is the responsibility of the SPCBs Agbola, , and hence not subject to scrutiny by the CPCB. Consequently it also affects the way companies price their products and services. Food security issues tend to cover not only issues related to availability and stability of food supplies but also issues of access to this supply. These are all factors that need to be taken into account when assessing the attractiveness of a potential market. Ahluwalia, I.
The composition of agricultural and allied products for export from India changed mainly because of the continuing growth of demand in the domestic market. These factors may influence decisions to enter or not enter certain industries, to launch or not launch certain products or to outsource production activities abroad.
Pest analysis of agriculture market
Since development is a process, sustainable development is also a process in which the economic and social welfare of the people can be maximised with minimum damage to ecology and the environment Brookfield and Padoch, This represents a potential substitution to the local products, impacting the production levels of agriculture sector. Planning is centralized, and planned priorities, policies, and resource allocations are decided at the central level. Under shorter ten or five year cycles, the cropping pattern shifts with emphasis on tuber crops Ramakrishnan, These mosaics of ecosystem types of the landscape perform a variety of functions towards the integrity of the system as a whole, while having a variety of service functions for the humans Venkateswaran Sinha, J. Increasingly since independence, India has been sharing its agricultural technology with other developing countries. With all the benefits that technology can provide, there is an important issue of providing sufficient and appropriate education for the labour to increase their skill sin technology application that could be beneficially used for agro sector. Nilekani, N. As it was mentioned earlier in the report, agriculture in India is an important economic activity for a large population. However, these issues in India are considered to be sensitive and hence, where a large percentage of the population is dependent on agriculture need a certain degree of autonomy and flexibility in determining their domestic agricultural policies. Palmer-Jones and Sen state that the government continues to play a major role in assisting farmers through agricultural credits, subsidies, price support schemes and extension services. Palmer-Jones, R.
These are all of the understanding that the situation that a is currently offshoots. Precision Agriculture Systems Market report has been replete with analysis from the research on questions which boundary on pathways, surroundings improvements, performance status, global market size, and tendency.
According to the census, The recent economic system giving a free hand to multinational corporations in agriculture sector has further caused a rapid shrinkage of the traditional practices and replacement of folk crop varieties with high yielding and hybrid varieties, which escalated the cost of agricultural production while stagnating productivity.
Also considering the irrigation needs in Indian agriculture, emphasis has to be given to promote the proven cost-reducing micro-irrigation technology of drips irrigation which helps conserve water reduces fertilizer inputs and ensures higher productivity.
Another weakness is based on seasonality and the fact that agricultural sector output heavily depends on the annual monsoon, as less than one-third of cropland is irrigated.
Pestel analysis of agricultural industry
Also considering the irrigation needs in Indian agriculture, emphasis has to be given to promote the proven cost-reducing micro-irrigation technology of drips irrigation which helps conserve water reduces fertilizer inputs and ensures higher productivity. PESTEL Analysis Video Tutorial Social Factors: This dimension of the general environment represents the demographic characteristics, norms, customs and values of the population within which the organization operates. The emphasis is on cereals, which are largely placed towards the base of the slope as they are less nutrient- use efficient, while the more nutrient use-efficient tuber crops are placed towards the top of the slope where soil fertility levels are low. The software industry might for example have less to do with environmental and ecological factors than the oil or automotive industry. Market Overview: Market drivers, restraints and precision agriculture systems trends analysis; 4. Nevertheless, on the local level there are few examples of effective responses from the individual farmers with a regard to biodiversity and ecosystem functions. It also helps with the path for a precision agriculture systems organization and discernment of this contest situation from the market. Credit for Indian agriculture has to expand at a faster rate than before because of the need to step-up agricultural growth to generate surplus for exports, and also because of change in the product mix towards animal husbandry, aquaculture, fish farming, horticulture and floriculture, medicinal plants, which will necessitate larger investments. Gliessman states that since the s, a number of legislative measures were adopted for the preservation of the environment but they largely remain ineffective. They have become important due to the increasing scarcity of raw materials, polution targets and carbon footprint targets set by governments. A lack of market infrastructure also hampers the movement of crops, leading to sudden shortages.
Although It is also a precondition for continued agricultural development. Global precision agriculture systems market share annually using as the foundation year; 8.
based on 40 review