One of the less heralded facets of the recently passed (and contentious) agricultural market reforms was the proposal to “create a digital profile of cultivators, their farm holdings, climatic conditions in the area, what they grow, and average output, details which will be mapped to the 12-digit Aadhaar biometric ID” i.e. AgriStack.
Ostensibly meant to help farmers, such a move would likely result in a host of issues, such as: a) land grabs due to incomplete/incorrect record of land titles, b) exploitation of farmers through microfinance, c) misuse of farmer’s data by usurious FinTech. You can read more about this here and here (for further reading please do not hesitate in reaching out).
What do people think? Will these problems be adequately addressed? Do you foresee any other issues cropping up (no pun intended)? IFF is thinking about ways to engage with this issues, and we would appreciate any inputs you might have.