Impact of NEP 2020 on Agricultural processing Industry of India

Indian economy is fastest growing economy in the world. Since 1991 growth rate of the economy has been remained magnificent over the 7 percent. India has achieved success in terms of the enormous expansion of the service sector into the economy along with Industrial sector. Agriculture sector is going through the tough time .As initially it is said the India is basically agriculture based economy. This sector still constitutes 65 percent employment to the population. From the outside it seems Indian economy is passing through the golden age of development, but agriculture sector is emerging problems for the economy as its sluggish growth rate. Currently composition of GDP as service sector contributes 56 %, Industrial sector 29% and Agriculture sector contributes 15 %. It indicates the growth of the economy is not equitable for the agriculture sector .Theories defines that as economy grows, comes up with higher industrialization its leads to decline of agriculture sectors shares in the GDP. But Indian agriculture sector is facing challenges .As one of the most agriculture dominated economy: its is also having more farmer’s suicide in the country. It has arisen biggest paradox of the economic development. Agro-based industries and food processing industries completely depend on agriculture. Internal trade in agricultural products helps in the increase of the service sector. It plays an important role in international trade. It is the only main source of food supply and it provides a regular supply of food to a huge size of the population of our country. Agriculture and industry are essential mechanisms of the development process because of their joint relationship. Agriculture provides raw materials to the industry and the output of the industry is used in agriculture to increase production. Agro processing industries has become an important emerging sector in order to make development in the agriculture sector. India is on the brink of implementation of the new education policy 2020 which will bring many changes in the education system of the country. Introduction of the multidisciplinary education is the main agenda of this education policy which is going to offer more creative learning that will definitely help to the Indian students as they will be able to deal the problems faced in the availing employment. Agriculture education will also witness the many reforms in its structure and this will affects on the agriculture sector positively at some extent .Agro based industries in India can make huge contribution in order to solve the problems of the agriculture sector through the implementation of the New education policy 2020. This research paper has made an attempt to assess the impact of new education policy 2020 on the agriculture processing industries of India