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IT procurement PDF: Unlocking the possibilities of airSlate SignNow
In the current digital landscape, enhancing document administration through effective electronic signatures is vital for organizations. airSlate SignNow offers a powerful solution that optimizes your IT procurement workflow, assuring clarity and productivity. With strong features designed for small to medium-sized companies, it streamlines the process of sending and signing documents affordably, making it an ideal option for individuals seeking to refine their workflows. By perusing this guide, you will discover how to navigate and fully leverage the advantages of airSlate SignNow effortlessly.
How to utilize airSlate SignNow for eSigning documents in your IT procurement PDF
- Launch your web browser and visit the airSlate SignNow site.
- Set up a free trial account or sign in if you are already registered.
- Choose the document you want to upload for signing.
- To reuse documents later, convert them into a template for quick access.
- Open the uploaded file and make required edits, like adding fields or inserting necessary information.
- Affix your signature to the document and add signature fields for the designated recipients.
- Click Continue to set up and send your electronic signature request.
Utilizing airSlate SignNow can greatly enhance your document signing process, offering an intuitive interface suitable for enterprises of various sizes. This platform is distinguished by its remarkable return on investment, providing a comprehensive array of features in relation to its cost.
Additionally, with straightforward pricing, you will encounter no concealed charges, facilitating improved budget oversight. Immerse yourself in the realm of effective document management by trying airSlate SignNow today!
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FAQs
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What is an IT procurement PDF?
An IT procurement PDF is a digital document that outlines the processes and requirements for acquiring IT goods and services. It serves as a guideline for businesses looking to streamline their purchasing procedures, ensuring that all stakeholders understand the procurement strategy.
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How does airSlate SignNow integrate with IT procurement PDF processes?
airSlate SignNow seamlessly integrates with IT procurement PDF workflows, allowing you to eSign and send documents effortlessly. By incorporating electronic signatures into your procurement process, you can expedite approvals and enhance collaboration among team members.
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What are the key features of airSlate SignNow for IT procurement?
Key features of airSlate SignNow for IT procurement include document templates, customizable workflows, and robust reporting tools. These functionalities enable businesses to automate their procurement processes and manage IT procurement PDFs efficiently, reducing wasted time and resources.
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Is airSlate SignNow cost-effective for businesses handling IT procurement PDFs?
Yes, airSlate SignNow offers a cost-effective solution for managing IT procurement PDFs. With competitive pricing and various subscription plans, businesses of all sizes can benefit from its features without overspending on procurement software.
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Can I use airSlate SignNow for multiple IT procurement PDF projects?
Absolutely! airSlate SignNow supports multiple IT procurement PDF projects simultaneously. This flexibility allows organizations to manage various procurement initiatives efficiently while maintaining focus on their specific needs.
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What are the benefits of using airSlate SignNow for IT procurement?
Using airSlate SignNow for IT procurement enhances efficiency, reduces errors, and shortens the time it takes to finalize agreements. Additionally, it ensures compliance by providing a secure platform for storing and managing IT procurement PDFs.
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Does airSlate SignNow offer templates for IT procurement PDFs?
Yes, airSlate SignNow provides customizable templates specifically designed for IT procurement PDFs. These templates help streamline your workflow by allowing you to create, send, and manage procurement documents quickly and effectively.
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Do I need to choose a CompTIA Network+ N10-007 PDF for passing?
Systems administration is a standout amongst the most testing subjects you can experience in the IT Sector yet it is likewise a pined for aptitude among geeks. That is the reason organizing occupations pay well and have mind blowing openings. We have made the total guide for getting CompTIA Network+ Certified. This guide is for those people searching for a compensating profession in the Server room! In this guide you'll peruse somewhat about the affirmation itself, why it's a fabulous course, and how to breeze through those troublesome tests! So why get Network+ confirmed?What precisely is CompTIA Network+?CompTIA is for the most part known for the CompTIA A+ accreditation, yet CompTIA additionally offers a wide-scope of one of a kind tech confirmations covering various regions.Most CompTIA accreditations will run over Networking ideas with an expansive brush, however handling the mind boggling subtleties of a server room can require some quite explicit learning. An affirmed Network+ laborer will deal with the absolute most delicate pieces of IT advancement while at the same time associating every one of the gadgets all through a structure or grounds.Servers, Networks, and PuzzlesOne of the key factors in IT job is having the capacity to discover the answer for a wide scope of issues, once in a while this includes realizing enough data to precisely get to the issue also. A standout amongst the most testing zones in such manner is systems. Assume you go to the workplace toward the beginning of the day and the web is out. Is it out in your structure? Simply your office? Was the bill paid? Is a rope flawed? Is there an issue inside the dividers? Is the server working accurately? Is your PC itself the issue?Losing web may appear to be simple, however, in actuality, circumstances, you once in a while know every one of the subtleties. A Network+ confirmed tech can effectively distinguish an entire host of issues rapidly and discover what should be fixed. This may include an extraordinary device that checks the trustworthiness of a RJ45 jack or signing onto a switch to check whether VLAN is empowered. It might even involve heading off to the server room and rolling out some physical improvements. It is difficult, yet it beyond any doubt is intriguing!Ordinary you get the chance to be the Sherlock Holmes of the IT world and discover how to fix the absolute most baffling and befuddling issues of the tech world!So it sounds captivating, how precisely do I get affirmed?While it's as yet conceivable to take a N10-006 Exam, the N10-007 test propelled in March of 2018. We completely prescribe seeking after the more current, refreshed test, as it will set you up with the most present day and applicable data accessible. CompTIA consistently refreshes courses to keep them signNow and high in quality.Networking+ Certification is accomplished by passing the N10-007, an hour and a half test with 90 questions comprising both of numerous decision questions and reenacted questions (They truly assemble a one of a kind program to recreate genuine circumstances). To pass the N10 takes a high-grade, 720 out of 900 . It can likewise be somewhat expensive on the off chance that you don't have business arranged a while later. Exploit the tips we're going to partake in our total guide for getting CompTIA Network+ Certified.A test will run $302 implying that you will need to pass on the first go. While CompTIA suggests that you go through 9 a year getting ready for the test however on the off chance that you pursue our tips underneath, it'll take far less time. As in every case a large portion of this information can be adapted rapidly however genuine experience is dependably the ruler in IT.First get familiar with the Exam ObjectivesOn the off chance that you don't have the foggiest idea what you are considering, you just CANNOT pass this test. It's stunning what number of individuals appear for their first accreditations with the possibility that being great at PCs is sufficient to enable them to pass an extraordinary Exam course. Questions might be quite certain and include knowing complex language and systems administration models, just as expansive inquiries including the reasoning behind systems administration standards. Along these lines, you have to know the Exam Objectives. EO fundamentally layout the learning you are relied upon to know so as to pass an Exam. CompTIA offers a full-breakdown of each test they do, and the N10-007 targets can be procured here by rounding out a short structure. The wide targets can be seen underneath. Get the full-rundown and begin remembering!Building a Network Lab is CrucialWhat is a system lab? Just put it's a switch, two gadgets, some ethernet links, and web flag. All that you do with a system includes conveying between various gadgets. Building a system enables you to test distinctive system setups, play with settings like DNS, and become a specialist on the essentials of system designs. With present day machines, a more up to date workstation can turn up various Virtual Machines (Simulated Operating Systems) and utilize those to rehearse with. The toolset of today is massively best in class so make a point to exploit it! Put in a few hours during the time tinkering with your lab and rehearsing these abilities.Remember your tablesNetworking+ has a ton of apparently irregular numbers and tables you should remember. These tables regularly relate back to IPS/DNS servers, organizing conventions, structure chain of command, and that's only the tip of the iceberg. It might appear to be a task, yet knowing the contrast between various complex systems administration terms or why one standard is unique in relation to another can help you a great deal come Exam day.Free online recordings can make the hard subjects simple.Learning on the web has never been simpler and a few top notch educators have jumped up to walk new understudies through the troublesome way of affirmation. Learning by video is extraordinary in light of the fact that it enables you to comprehend arrangements far speedier than a straightforward book will. They might be somewhat dry yet they show you the broadness of CompTIA affirmations in a brisk, straightforward, outwardly engaging way!Do some training tests and read online aides!At long last, for the individuals who like to think about in a customary way, think about taking an online practice test. The N10-007 isn't simple using any and all means and a priceless method to think about is by gaining from the individuals who have taken the test. A few sites offer free online tests by specialists that impersonate the N10-007 inquiries in a certifiable way. By utilizing these online tests and study guides, you can without much of a stretch figure out the CompTIA Certification you are pressing together and get affirmed fast! Networking+ aides can be found at Free Exam Prep By IT Professionals and Youtube channel . It merits a fast hope to check whether they can enable you to handle the N10!Going into the Tech business is testing in any case it is a massively remunerating way. We trust this guide gave you a couple of strong pointers and some unmistakable tips on the most proficient method to improve your systems administration aptitudes. Systems administration isn't for everybody except for the individuals who get it, it tends to be a standout amongst the most agreeable PC undertakings possible. On the off chance that the total guide for getting CompTIA Network+ Certified has helped you get familiar with more about confirmation or propelled you, it would be ideal if you remark, similar to, share and buy in for progressively extraordinary substance on accreditation! We adore it when individuals leave our material enthusiastic and motivated to begin another profession. Until next time, continue concentrating for the N10-007 and good karma!
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Has China’s attitude regarding the South China Sea signNowed the Indian shores?
Yes and No.Let me focus more on their objective (& the question will get eventually answered in the end). This is a very tactically planned geo-political power game where one country plays with the other over control of territories and finally hegemony and influence in the region.A bit of the background in which the India-China tussles have occurred and are still occurring:If the question ideally asks about the expansionist tendency of China, then many incursions and unprovoked face-off have already happened multiple times near Line of Actual Control (LAC), Arunachal Pradesh and recently Uttarakhand.Chinese army intrudes again in Ladakh, pushed back after 3-hour stand-off Scuffle at border as Indian troops counter aggressive Chinese incursions in Arunachal PradeshTensions reportedly eased only after four PLA officers accompanied by an interpreter met Commanding Officer of the Indian Army formation in the area and presented him with two packets of chocolates and one gift packet to the in charge of Yanki-I post.Not even a single fire has been fired in the incursions. Sounds interesting?What China wants to do is to cleverly keep India engaged with these territorial disputes without escalating it to the potential of a full blown war. It also strengthens our friendly neighbour by supplying all kind of modern defence accessories and stuffs in violation of International laws (like NSG). In October 2015, China finalized the sale of eight submarines to Pakistan, and in recent years, Chinese submarines have docked at the Sri Lankan port of Colombo and the Pakistani port of Karachi.China continues to sell nuclear reactors to Pakistan, says report China May Have Helped Pakistan Nuclear Weapons Design, Newly Declassified Intelligence IndicatesThis is a very tactically planned geo-political power game where one country plays with the other over control of territories and finally hegemony and influence in the region. Why is the problem of border disputes not signNowing a constructive solution despite being dragged on for decades? Why China is in no hurry to sort border dispute with India?As of now, in the case of China’s border dispute with India, China is not likely to lose much if it does not resolve the dispute. In fact, the unresolved border dispute has much to offer to China. China even warns India against going to any International body for early settlement. China wont accept arbitration on India border dispute: PLA General Luo Yuan. Because they have the upper hand in negotiation now (economically, militarily and in sphere of influence) and will give back concessions as and when India listens to them.Now, coming back to the question, how do the spheres of influence intertwin in the Indian ocean?As per Indian analysts, China was pursuing a policy of 'encirclement' of India through building a 'String of Pearls' across the northern Indian Ocean that would be available for use by the Chinese navy. Chinese port developments in Myanmar (Kyaukpyu), Bangladesh (Chittagong), Sri Lanka (Hambantota and Colombo) and Pakistan (Gwadar) are often held up as putative Chinese naval bases. The utility of these ports as full scale naval bases in the event of major conflict has been questioned by naval experts.The developments at both Obock and Gwadar in Pakistan will include air bases which could signNowly extend China's signNow.[1] China wants a military base on Maldives in Indian OceanSo, has its South China Sea’s (SCS) attitude entered Indian Shores? Yes, they have already made inroads to the Indian ocean and its neighbouring countries, considered as its area of influence.Now, the important juncture of South China Sea (SCS) comes when India tries to leverage against what China has been doing in Indian ocean. India, the land of Chanakya, will play the game the same way China plays. Although there are no territorial ambitions, India’s interest in South China Sea stems from the fact that about 50% of its trade with Asia is via the waterway. It has vital commercial and strategic stakes that keep its interest alive in the troubled waters.[2]ONGC Videsh -- the overseas oil exploration arm of India, has been searching for hydrocarbons in the SCS off the coast of Vietnam, which it entered in the late 1980s after securing the exploration license for block 06.1. About a decade ago, Vietnam permitted India to explore two more blocks -- 127 and 128 -- which lie in waters also claimed by China. Citing Vietnamese analysts, it said, "Chinese pressure has made India dig in and become more determined to work with [state-run] PetroVietnam." [3]Indian warships enter SCS- The Indian warships will make port calls at Cam Rahn Bay in Vietnam, Subic Bay in the Philippines, Sasebo in Japan, Busan in South Korea, Vladivostok in Russia and Port Klang in Malaysia. Despite its muted response, Beijing undoubtedly regards India’s latest naval deployment as a part of India’s closer integration into the US “pivot” which China is seeking to prevent. New Delhi has been exploiting Beijing’s concerns to try to extract economic and also strategic concessions from China, which is India’s largest trading partner.India, US, Japan Begin Malabar Joint Naval Exercise Close To SCS-India included Japan in Malabar Naval Exercise permanently which was previously just a Indo-US affair. One key elements of the exercise is anti-submarine warfare where three forces will create a scenario of hunting down Chinese submarines. This comes at a time when Chinese nuclear submarines are being increasingly spotted in the western sea board of India.In response to what China has been doing to arm Pakistan, India also started to arm China’s rival Vietnam. During Mukherjee’s visit, India had extended a $100-million-dollar line of credit to Vietnam for defence procurement, with Vietnam looking to use it for getting patrol boats to bolster its naval presence in its territorial waters. Since India joined the Missile Technology Control Regime in June, there has been speculation that the country could export the Brahmos missile to Vietnam.[4]But, India will also give calibrated replies to all the transgressions and not extend beyond a particular limit.So, has South China Sea’s attitude entered Indian Shores? No, not really in the scale of SCS but its definitely relevant. But, how much China will enter Indian shores in future and challenge Indian hegemony will be decided by what political and strategic games India and China play out.What are the things India will use to control China’s behaviour? Major points:1. India and the US announced their agreement “in principle” on a Logistics Exchange Memorandum of Agreement (LEMOA) that would give the US armed forces access to Indian military ports and bases. The other pacts under discussion are the Communication and Information Security Memorandum of Agreement (CISMOA) and the Basic Exchange and Cooperation Agreement (BECA). China has been very wary of this development as they already have US Navy warships’ presence in Japan & Korea and don’t want further American presence near them. But, India will play with China psychologically. It will not sign all of them and use the rhetoric just to shy away any Chinese naval defence presence in the Indian ocean as the signing gained speed only after the Chinese presence. Maybe, India signs one of them to get access to top US military technology like that of aircraft carrier or armed drones but will never sign all.2. Despite major defence relationship with US, India Rejected Joint Naval Patrols with US in SCS. It doesn’t want to provoke China as it is not directly involved in the SCS. But, at the same time, it sends warship for joint exercises with other countries in the SCS just to keep a check over how much they extend their influence in our backyard.3. This is a very interesting one. The bilateral U.S.-India statement and the Russia-India-China trilateral communique speak to opposing sides on the contentious issue of SCS disputes. While India asks for effective and fair freedom of navigation rules in the former one, in the latter one, it goes soft as it cautions against the internationalization of the disputes and asks for inter-country negotiation based problem solving.[5] Incidentally, India welcomed the Hague ruling on SCS which went against China and asks for force free efforts and peaceful negotiations (China falsely asserts Indian support for its defiance of Hague ruling on sea claims).China's state-run Xinhua news agency said that 'India should realize China's concerns over South China Sea, NSG door not tightly closed'. China blocked India's NSG bid, but now wants help on South China Sea.Chinese Foreign Minister Wang Yi visited India on a three-day tour from August 12. Wang would try to make efforts aimed at ensuring that Prime Minister Narendra Modi do not join other countries in raising the controversial issue of South China Sea during the upcoming G20 meeting in early September. Now, India stands at a higher ground to force China to understand its concerns like not blocking India's UN bid to ban Jaish-e-Mohammad chief Masood Azhar and eventually chalk out benefits like NSG membership and non-interference in our backyard. Next few months will be very exciting to see.India is expected to play a role in key international matters as it is a major regional and emerging world power with increasing diplomatic outsignNow and fast developing foreign policy nature. India, however underestimated due to its economic prowess compared to China, knows how to play its cards well and it will determine how much Chinese influence comes into the Indian shores.Anyways, I want to end my answer with a happy picture and note that Asian century can only be realized by both India and China working together. We have many robust international collaborations like BRICS, Asian Development Bank (ADB), Shanghai Cooperation Organisation (SCO), Russia-India-China (RIC) trilateral meet and a few other where we can share our concerns and solve them collectively.Thanks for reading so far. Good luck my friends.On a different note, if you like my answer, follow me up for more comprehensive answers.Edit1: Just wanted to add one self-descriptive picture about the string of pearls.Footnotes[1] http://>*http://www.lowyinterpre...[2] Narendra Modi to visit Vietnam with eye on South China Sea dispute[3] India wades into South China Sea dispute- Nikkei Asian Review[4] Narendra Modi to visit Vietnam with eye on South China Sea dispute[5] Russia, India, China Address South China Sea in Trilateral Statement
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Why is the Chinese military viewed so poorly by western countries?
People, listen.The word military comes from the Latin word: militaris meaning soldier.I’ve never been in any military organisation of any countries in the world. However, I can say with confidence that a soldiers duty is to protect and serve the very people that lives in his or her country. We've been so clouded and de-sensitised by statistics thrown from left right and centre.The US: “Carriers”.The UK: “Trident”.Russia: “Nuclear Weapons”.“10,000 soldiers with state of the art equipment enters…” we've all heard it.My point is, yes, people underestimate the Chinese military not because of how many tanks or attack helicopters they have, but they underestimate their call of duty: “Service for the People”.This doesn't mean invading other countries to keep the people ‘free’ at home!This means being their for the times that count, for when your ordinary Joe is crying because his building burnt down, or there was an earthquake. For the times when old ladies are trapped under rubble becuase of disasters. For the times when you hear “thank you” because you didn't risk your life to take a bullet, instead you did what counts. You helped your fellow man.Stop, guys, by no means am I a hippie, nor a warmonger, I'm just someone trying to shed light on what the PLA are actually doing.They do not just call your local donut-eatin’ officer to handle this. This is true service.In 2015, I went to an earthquake memorial in Sichaun, and at first I was skeptical. I was solemn but all I saw were numbers. Until a friend told me that not only were entire towns and villages rebuilt, PLA soldiers stayed behind, on their own accord, to farm with the farmers. Though buildings are rebuilt, sons and daughter. Fathers and mothers cannot be replaced. They understood that, because they were not some “folks born with silver spoon In hand”, they stayed and helped. They did what they did. Ate what they ate.This is the true call of duty.Not to go to some foreign soil and make fun of foreign languages and wave guns about.“Hoo-rah” and “Get the F*** down”.Stop placing military might on such a high pedestal, because there was a time, when people remember what militaries are for. China has not forgotten, and I believe it will continue to dedicate themselves for their people.Wars are not fought just with guns, and true militaries know their purpose.“为人民服务““Service for the People”Don’t underestimate that.EDIT:The experience I had in 2015 was a massive eye opener and it made me realise what armies are for. Sure, they carry guns, but it's not to harm people, rather to protect as a last resort. Also, the PLA soldiers understood and empathised because they've been there. Look at their skin. It's brown, and trained. It's not just from the army, most of them ARE farmers.EDIT EDIT:In response to recent quorans questioning whether or not I answered the question, I did, you just weren't looking in the right direction. As I've said again and again what the purpose of a military is, I cannot simply scrape Wikipedia info on who's got the most nuclear bombs, as that doesn't do justice to true militaries. Let me reiterate, I did answer the question, just LOOK.Cheers guys.EDIT EDIT EDIT:The fact that there are 4 US soldiers in the pictures, it doesnt diminish the point Im trying to make. The point is that people misunderstand the purposes of military and it's great the US boots are there. I'm trying to show, that China has set foot in foreign countries, in terms of warfare. It's getting a bad rep and consistently undermind for the lack of technology put into tanks or airborne forces, but everyone seems to want to focus on the bad side.Yeah, I am biased, and why shouldnt I be? No one in this world is truly objective. However, don't misunderstand, yet again, this isn't a PR speech, Im just answering a question in a different way, a different perspective. As I feel the throughout the bloodshed, alot militaries forget that their duty is to their own people, and not to do so by bullying smaller countries.
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What is the next wave of innovation in e-commerce after flash sales and private sales?
Ok, I have thought about this a lot having worked on a business plan/model in this space. The next great ecommerce phenomenon will be:FUN. Like not just fun because you got a great deal, or the site has great marketing and is Flashy. Hanging out with your friends at the mall when you're 14 years old was probably the last time you had a FUN experience that involved consumerism. And do you realize it was fun even though you had maybe $18 to spend on something shitty from Anchor Blue or that one pink and black chain (I forgot the name) that sold vaguely adult products. Now all your experiences online or offline are tinged with the maniacal pressure to get the best F-ing deal on the planet, or the sublimated guilt of spending more money than you really feel comfortable doing on some "brand", but hey it's Amazon Prime and it will be here in 36 hours so it's OK! Neither of these scenarios are really pure FUN FUN FUN 'till your daddy takes your T-Bird away.PRODUCT DRIVEN. Both in the sense that the site will be a PRODUCT that the web hasn't seen before: not just a marketing or business model gimmick, or smartly targeted audience segment, or whatever. And in the sense that the PRODUCTS you buy will be front and center in the experience.Will CHANGE what "buying" actually MEANS. Every ecommerce business model I've seen to date actually underwhelms because it aims far too low. The point of the web is that it makes it possible to actually change the definition of vocabulary words we use day in and day out through novel experiences. But all these fancy deal-a-day-private-sale-curated sites still mean "buying" when they say "buying". Thats boring!Will be acutely aware of MIMETIC DESIRE and the full implications of Rene Girard's thinking on modern consumer behavior.So that's my tease about what I think/know the next phenomenon will look like, at least in my imagination. Peace out!
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What will be the upcoming growth in the digital signature market?
The Digital Signature Market Research Report provides value chain analysis on the revenue for the forecast period 2016-2023 and estimates for each application in terms of market size, share, trend and growth. Furthermore, the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. This market is classified into different segments with detailed analysis of each with respect to geography for the study period.The market size in terms of revenue (USD MN) is calculated for the study period along with the details of ...
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What is the present condition of agriculture in India?
Agriculture plays a vital role in India’s economy. Over 58 per cent of the rural households depend on agriculture as their principal means of livelihood. Agriculture, along with fisheries and forestry, is one of the largest contributors to the Gross Domestic Product (GDP).As per estimates by the Central Statistics Office (CSO), the share of agriculture and allied sectors (including agriculture, livestock, forestry and fishery) was 15.35 per cent of the Gross Value Added (GVA) during 2015–16 at 2011–12 prices.India is the largest producer, consumer and exporter of spices and spice products. India's fruit production has grown faster than vegetables! making it the second largest fruit producer in the world. India's horticulture output, comprising fruits, vegetables and spices,has signNowed to a record high of 283.5 million tonnes (MT) in 2014-15. It ranks third in farm and agriculture outputs. Agricultural export constitutes 10 per cent of the country’s exports and is the fourth-largest exported principal commodity. The agro industry in India is divided into several sub segments such as canned, dairy, processed, frozen food to fisheries, meat, poultry, and food grains.The Department of Agriculture and Cooperation under the Ministry of Agriculture is responsible for the development of the agriculture sector in India. It manages several other bodies, such as the National Dairy Development Board (NDDB), to develop other allied agricultural sectors.Market SizeOver the recent past, multiple factors have worked together to facilitate growth in the agriculture sector in India. These include growth in household income and consumption, expansion in the food processing sector and increase in agricultural exports. Rising private participation in Indian agriculture, growing organic farming and use of information technology are some of the key trends in the agriculture industry.As per the 3rd Advance Estimates, India's foodgrain production has increased marginally to 252.23 million tonnes (MT) in the 2015-16 crop year. Production of pulses is estimated at 17.06 million tonnes.With an annual output of 146.31 MT, India is the largest producer of milk, accounting for 18.5 per cent of the total world production. It also has the largest bovine population. India, the second-largest producer of sugar, accounts for 14 per cent of the global output. It is the sixth-largest exporter of sugar, accounting for 2.76 per cent of the global exports.Spice exports from India are expected to signNow US$ 3 billion by 2016–17 due to creative marketing strategies, innovative packaging, strength in quality and strong distribution networks. The spices market in India is valued at Rs 40,000 crore (US$ 5.87 billion) annually, of which the branded segment accounts for 15 percont. Infact, the Spices Board of India has decided to set up a spice museum at Willingdon Island in Kochi to attract and educate tourists and seafarers about the history and growth of Indian spices industry.The procurement target for rice during marketing season (MS) 2015–16 has been finalised as 30 MT.InvestmentsSeveral players have invested in the agricultural sector in India, mainly driven by the government’s initiatives and schemes.According to the Department of Industrial Policy and Promotion (DIPP), the Indian agricultural services and agricultural machinery sectors have cumulatively attracted Foreign Direct Investment (FDI) equity inflow of about US$ 2,261 million from April 2000 to December 2015.Some major investments and developments in agriculture in the recent past are as follows:ITC Ltd, one of India's leading fast moving consumer goods (FMCG) company, plans to make Andhra Pradesh a hub for its agricultural business operations.Mahindra and Mahindra Ltd has acquired 35 per cent stake in a Finnish combine harvesters manufacturer, Sampo Roselnew Oy, for US$ 20.46 million and will jointly focus on the combine harvester business in Asia, Africa and Eurasian Economic Union countries.The Small Farmers’ Agri-Business Consortium (SFAC) plans to organise camps in Madhya Pradesh and Chhattisgarh to promote its venture capital assistance scheme (VCAS), which seeks to provide capital and project development facility (PDF) to agri-business entrepreneurs.Agri-research institute ICRISAT’s incubation arm is looking to set up a Rs.100 crore (US$ 14.67 million) fund in a year, an initiative that could help small entrepreneurs from the agri-business and nutrition space raise money.Mahindra & Mahindra (M&M), India’s leading tractor and utility vehicle manufacturer, announced its entry into pulses retailing under the brand ‘NuPro’. Going forward, the company plans to foray into e-retailing and sale of dairy products.Fertiliser cooperative IFFCO launched a joint venture with Japanese firm Mitsubishi Corp for manufacturing agrochemicals in India.Acumen, a not-for-profit global venture fund, has invested Rs 11 crore (US$ 1.7 million) in Sahayog Dairy, an integrated entity in the segment, based at Harda district in Madhya Pradesh.Rabo Equity Advisors, the private equity arm of Netherlands-based Rabo Group, raised US$ 100 million for the first close of its second fund – India Agri Business Fund II. The fund plans to invest US$ 15–17 million in 10–12 companies.Oman India Joint Investment Fund (OIJIF), a joint venture (JV) between the State Bank of India (SBI) and State General Reserve Fund (SGRF), invested Rs 95 crore (US$ 13.94 million) in GSP Crop Science, a Gujarat-based agrochemicals company.The world's seventh-largest agrochemicals firm, Israel-based ADAMA Agrochemicals plans to invest at least US$ 50 million in India over the next three years.Government InitiativesGiven the importance of the agriculture sector, the Government of India, in its Budget 2016–17, planned several steps for the sustainable development of agriculture.Budget 2016-17 proposed a slew of measures to improve agriculture and increase farmers’ welfare such as 2.85 million hectares to be brought under irrigation, Rs 287,000 crore (US$ 42.11 billion) grant in aid to be given to gram panchayats and municipalities and 100 per cent village electrification targeted by May 01, 2018.The government has already taken steps to address two major factors (soil and water) critical to improve agriculture production. Steps have been taken to improve soil fertility on a sustainable basis through the soil health card scheme and to support the organic farming scheme ‘Paramparagat Krishi Vikas Yojana’. Other steps include improved access to irrigation through ‘Pradhanmantri Gram Sinchai Yojana’; enhanced water efficiency through `Per Drop More Crop’; continued support to Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and the creation of a unified national agriculture market to boost the incomes of farmers.The Government of India recognises the importance of microirrigation, watershed development and ‘Pradhan Mantri Krishi Sinchai Yojana’; thus, it allocated a sum of Rs 5,300 crore (US$ 777.6 million) for it. It urged the states to focus on this key sector. The state governments are compelled to allocate adequate funds to develop the agriculture sector, take measures to achieve the targeted agricultural growth rate and address the problems of farmers.The Department of Agriculture and Cooperation under the Ministry of Agriculture has inked MOUs/agreements with 52 countries including the US. In addition, the Department of Agriculture Research & Education (DARE) and the Department of Animal Husbandry, Dairying & Fisheries (DAHD&F) under the Ministry of Agriculture have signed MOUs/agreements with other countries, taking the number of partnerships with other countries to 63. These agreements would provide better agricultural facilities in areas such as research and development, capacity building, germ-plasm exchange, post-harvest management, value addition/food processing, plant protection, animal husbandry, dairy and fisheries. The agreements could help enhance bilateral trade as well.Given the correlation between improvement in agriculture and the development of the country, the Government of India adopted several initiatives and programmes to ensure continuous growth. It allocated Rs 25,000 crore (US$ 3.67 billion) for the Rural Infrastructure Development Fund (RIFD), Rs 1,500 crore (US$ 220 million) for the long-term rural credit fund, Rs 45,000 crore (US$ 6.60 billion) for the short-term cooperative rural credit finance fund and Rs 25,000 crore (US$ 3.67 billion) for the short-term Regional rural bank (RRB) refinance fund. It also marked an ambitious target of Rs 8.5 lakh crore (US$ 124.71 billion) of agriculture credit during 2015–16.Some of the recent major government initiatives in the sector are as follows:Prime Minister Mr Narendra Modi has unveiled the operational guidelines for the Pradhan Mantri Fasal Bima Yojana which aims to provide farmers with crop insurance as well asThe Cabinet Committee on Economic Affairs (CCEA) has approved ‘Blue Revolution’, an umbrella scheme for integrated development and management of fisheries by Government of India, with total financial outlay of Rs 3,000 crore (US$ 440.15 million) for a period of five years.Mr Piyush Goyal, Minister of Power, Coal, New and Renewable Energy has announced that government’s plans to invest Rs 75,000 crore (US$ 11.08 billion) in an energy-efficient irrigation scheme over the next three to four years.The new crop insurance scheme for farmers 'Bhartiya Krishi Bima Yojana' aims to cover 50 per cent of the farmers under the scheme in the next two-three years,India and Lithuania have agreed to intensify agricultural cooperation, especially in sectors like food and dairy processing.Gujarat Government has planned to connect 26 Agricultural Produce Market Committees (APMCs) via electronic market platform, under the National Agriculture Market (NAM) initiative.The State Government of Telangana plans to spend Rs 81,000 crore (US$ 11.88 billion) over the next three years to complete ongoing irrigation projects and also undertake two new projects for lifting water from the Godavari and Krishna river.The National Dairy Development Board (NDDB) announced 42 dairy projects with a financial outlay of Rs 221 crore (US$ 32.42 million) to boost milk output and increase per animal production of milk.Government of India has set up an inter-ministerial committee, which will look into ways to examine the potential of Indian agriculture, identify segments with potential for growth, and work towards doubling farm incomes by 2022.The Government of India has allocated Rs 200 crore (US$ 29.9 million) for electronically linking 585 major wholesale agriculture markets across the country, thereby creating a National Agriculture Market (NAM). in July 2015 for three yearsRoad AheadThe agriculture sector in India is expected to generate better momentum in the next few years due to increased investments in agricultural infrastructure such as irrigation facilities, warehousing and cold storage. Factors such as reduced transaction costs and time, improved port gate management and better fiscal incentives would contribute to the sector’s growth. Furthermore, the growing use of genetically modified crops will likely improve the yield for Indian farmers.According to the National Institution for Transforming India Aayog (NITI Aayog), India’s agriculture sector is expected to grow 6 per cent in FY 2016-17 in case of normal monsoon during the June-September period. The 12th Five-Year Plan estimates the foodgrains storage capacity to expand to 35 MT. Also, a 4 per cent growth would help restructure the agriculture sector in India in the next few years.References: The Economic Survey 2015–16, Agricultural and Processed Food Products Export Development Authority (APEDA), Department of Commerce and Industry 2015–16, Union Budget 2016–17, Press Information Bureau, Ministry of Statistics and Programme Implementation, Press Releases, Media Reports.
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