Transforming Farming With Modern Technology

The agricultural sector contributes more than 15% to the GDP The agricultural sector contributes more than 15% to the GDP

Technology has not only changed the world but also changed the habits of humans. We have become very much dependent on it. Agriculture is the only sector on which the entire human life cycle is dependent. With time, technology has also contributed to the agriculture sector. The sector has found new ways with technology.

The agricultural sector contributes more than 15% to the GDP. If we talk about agriculture technology, the share of the agricultural machinery industry in the country is about 60% and increasing every year. The agricultural machinery industry includes tractors, rotavators, threshers, power tillers, etc. In the past decade, farm machinery has undergone many changes. Technologies like rotavators, seed drill machines, land levellers, driverless tractors, planters and harvesters have changed the definition of agriculture in the country.

By 2022, India’s farm machinery sector will reach a value of ₹769.2 billion. The biggest contributor to this sector is the tractor industry. Agrochemicals and fertilizers play an important role in increasing the crop yield of farmers. Every year, the country produces 32.4 million tonnes of fertilizers. At the same time, new technologies are also being used to make agricultural chemicals.

Change in irrigation technique

With the passing year, irrigational technology has changed a lot. Now farmers use techniques such as water harvesting or drip irrigation. These technologies have helped increase crop production. We can get information about usage and proper supply of nutrients to the plants. With the help of this information, farmers are not only increasing their crop yields but also improving their financial condition. In India, this industry is currently doing a business of $3.78 billion. By 2022, the growth rate will be 11.60 CAGR and this valuation will increase to $6.54 billion.

Possibilities in seed business

The seed trade business of agricultural crops has also witnessed many changes due to technology. Earlier, farmers used to get low crop yields from indigenous seed varieties but today the same farmer is getting more yield using hybrid seeds. Considering this, the government has decided to introduce technology in agri-business and opened up mandis online i.e e-Mandis. The wide acceptance of the digital revolution by the people has also created more job opportunities. This is the reason that many companies from the private sector are today working towards the digitization of agriculture. These companies are developing technologies through which farmers can get accurate prices for their crops, agricultural advice, market information, weather information, etc. They can even do online trading of agricultural products from the comfort of their homes nowadays.

One such agri-trading company in India is Bijak. With Bijak, a user can do business in any part of the country. Another offering from Bijak is ChargeERP. ChargeERP not only makes mandi accounting easy but also reduces the time invested by commission agents in mandi accounting by 90%. With this, a user can easily keep a record of daily transactions as well as get 7 different bills and reports.

ChargeERP the solution

ChargeERP mandi accounting software has been designed keeping in mind the daily interactions of commission agents in agricultural mandis. It is a cloud-based accounting software introduced with the core aim of reducing the agent’s workload. ChargeERP is the easiest, fastest and most secure mandi accounting software available in India. One of the many benefits of this platform is that it can be accessed from anywhere and from multiple devices. It provides data security with end-to-end encryption. Plus, it doesn’t require any kind of technical or accounting expertise.

If you are looking to explore more about this next-level accounting software, feel free to dial +91 9311341199 or visit, and request your free demo today. We also suggest that you follow us on Facebook for regular updates. You can also view the latest instructional videos on the ChargeERP YouTube channel.