Beginning of the two-day national seminar on rural economy organized by USTM and NABARD

Guwahati, March 4: A two-day national seminar on “Sustainable Agribusiness Opportunities and Management Practices for Rural Economy Development” kicked off today at the NKC Auditorium of the University of Meghalaya Science and Technology (USTM). The seminar was organized by the Department of Business Administration, USTM in collaboration with NABARD, according to a USTM press release.

Addressing the inaugural session, Professor RM Pant, Vice Chancellor of the University of Assam, said: “About 65.07% of Indians live in villages. But sustaining the development of the rural sector has been a big challenge. Farmers have been marginalized. However, the development of rural India is a priority of the Indian government.

N Guite, Managing Director, NABARD, Shillong said NABARD is privileged to be part of the seminar. “We have organic products in the Northeast, but we don’t have the volume and the links to the market. There are many missing links. The research should focus on a solid extension mechanism from the ground to the laboratory, a hands-on approach,” she added.

Professor Rinalini Pathak Kakoty, Head of Department of Business Administration, Gauhati University, said that in the agricultural sector, the focus should now be on the food processing industry and the focus should be put on added value. She said it is important to integrate rural management programs with business management.

The inaugural session of the seminar was also addressed by Prof. GD Sharma, Vice Chancellor, USTM, Prof. Amit Kumar Singh, Department of Rural Management, Babasaheb Bhimrao Ambedkar University, Lucknow.

There are five sessions in the seminar which will be chaired by Prof. Amit Kumar Singh from Babasaheb Bhimrao Ambedkar University, Dr. Tridib R Sarma from Tezpur University, Prof. Phanindra Goyari, School of Economics, University of Hyderabad, Subhas Bhattacharjee, Head- NE Region, Oil Palm and Prof. P. Paramashivaiah, Department of Business Studies and Research, University of Tumkur.

Seminar participants include: academics, researchers, industry practitioners and students. More than 200 participants registered for the seminar. The sub-themes of the seminar are: Innovative Agribusiness and Food Processing, Marketing, Finance, Human Resource Management, Supply Chain Management, Science and Technology in Business and Technology. agriculture, micro-enterprises, sustainable agro-industrial practices, etc. be considered for publication in reputable international and national journals and book chapters with ISBN.

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