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Business EconomyPosted at: Nov 30 2020 5:50PM


Role of Agrochemicals: Achieving vision of $5 Trillion economy by 2025

Kolkata, Nov 30 (UNI) The Central Government is planning to celebrate
75 years of Indian Independence in 2022 in a big way wherein the focus
will be Agriculture and Rural development.
The Indian Agrochemical Industry has huge unrealized potential for
growth due to very low level of agrochemical consumption as compared
to global norms.
The role of Agrochemicals in achieving the vision of $5 Trillion
economy by 2025 cannot be undermined, as it not only ensures food
security, provides livelihoods but also provides impetus to the growth
of industries and service sectors.
The new Pesticides Management Bill (PMB20) recently announced
offers the policymaker and the industry an opportunity to redesign the
existing regime in line with global developments and safeguard the
farmers’ interests and the country’s agriculture sector.
Currently, there are around 1,175 pesticide molecules of both
chemical and biological origins used in the world, out of which around
292 molecules are registered for use in India. PMB 2020 embraces the
provision of regulating the import, manufacture, sale, transport,
distribution, and use of pesticides in order to prevent risk to human
beings and animals.
Representatives of the agrochemical industry expressed their views
on making agricultural practices in India more transparent. The new
PMB 2020 is expected to set right a number of shortcomings in the
regulatory regime around pesticides in India.
Though the proposed draft PMB 2020 includes specific refinements,
there are also some genuine concerns such as the need for a
time-bound, predictable, stable, and transparent process for
registration of products, which need to be addressed immediately by
the government before the bill is passed.
Addressing the media R G Agarwal Chairman Dhanuka Agritech Ltd and
Chairman of Federation of Indian Chambers of Commerce & Industry
(FICCI) highlighted the issues on Data Protection- “This is a huge
sectoral and industry concern and we feel it needs an urgent addressal
in the bill. If we have goals to make India ‘Atmanirbhar’ the PMB20
will need to walk the talk and incorporate certain elements which may
be vital to our success”.
Salil Singhal, Chairman PI Industries “Stewardship on Modern Crop
Protection molecules should be inherent part of Registration process.
What is now urgently needed is reform in the regulatory framework
pertaining to agrochemicals which must focus on pro-actively promote
introduction of new molecules”
Dr. K.C Ravi, Chief Sustainable officer,Syngenta said, “The
Pesticide Management Bill 2020 is a great opportunity to bring in a
predictable progressive science based legislation in place of the age
old
Insecticide Act of 1968. However, provisions like criminalization
of offences, regulatory provisions like reregistration’s will affect
ease of doing business as well as restrict new molecule introductions
so necessary for the farmers in an extremely complex environment and
pest pressures.”
Gunavanta Patil, General Secretary of All India Kisan Coordination
committee said “We need modern technology and government should create
an amicable environment for this. Further he added to reduce GST on
Pesticides to 5 Percent from current 18 percent”.
Protection of regulatory data (PRD) encourages innovators to
discover, protect, register and produce new solutions. In addition to
manufacturing and R&D capabilities, this ensures India’s position as
an investor’s hub.
The benefits which will accrue from PRD include accelerated
introduction of newer and safer crop protection products (CPP), ensure
proper product use through stewardship, protecting sensitive
proprietary know-how (impurity profile and product composition) from
disclosure to prevent unfair commercial use, increasing agricultural
exports, setting-up of R&D facilities in India, outsourcing
studies/data generation to Indian research institutes, giving
employment to Indian scientists and engineers.
PRD will help farmers grow more and better food by getting
solutions to new invasive pests, disease, weeds, to which the existing
pesticides have developed resistance, and the farmer needs new
solutions.
Top experts also stressed on modern farm management in India by
encouraging R&D, innovation, application of New Age solutions and
adoption of innovative technologies.
UNI BM SJC AND
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Tags: #Role of Agrochemicals: Achieving vision of $5 Trillion economy by 2025
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