`The fact that since 1995 agricultural production declined poses a big concern'
Bangalore: Chief Mentor of Infosys Technologies Ltd. N.R. Narayana Murthy has stressed on the need to focus on agricultural sector in the country.
Speaking at a function at the Infosys premises to felicitate Magsaysay Award-winner, Arvind Kejriwal and to induct Ashoka Fellows, organised by Ashoka: Innovators for the Public, here on Thursday, Mr. Narayana Murthy said: "While the progress made by the economy and the business over the past decade is outstanding, we have taken our eyes off the critical farm sector which is the only source of income for 65 per cent of Indians. The fact that since 1995 agricultural production actually declined poses a big concern, which needs to be immediately addressed," he said.
India has low per capita income and with agricultural income declining, it leaves close to 650 million people in India with less than a dollar a day to live their life.
Even in the area of fertilisers, which the Government subsidises to the extent of $ 8 billion a year, there needs to be a balance between right kind and mixture of nutrients and soil conservation.
On Ashoka Fellows, he said, they were people who need to be saluted for what they were doing.
Ashoka: Innovators for the Public, an organisation that pioneered the concept of social entrepreneurship 25 years ago, formally inducted 63 leading social entrepreneurs from across Asia as its fellows.