Agribusiness potential in north Bihar a critical analysis
Agribusiness sector of North Bihar has the potential to grow rapidly so as to meet the existing shortages and assume primacy in the national agricultural economy. The following strategy can be adopted to managing risks in agriculture: Organizing dairy producers in reformed cooperatives, new generation cooperatives or producers‟ companies. The food processing sector can help for these objectives because there is a need of substantial investment in marketing infrastructure, both physical and institutional. The employment potential of agribusiness sector is very high. All these clearly reveal that Bihar has great potential to be a rich State in relation to natural resources employment and income generation for society. Although, horticulture (fruits, vegetables including tuber and mushroom, spices, honey, medicinal and aromatic plants) occupies 15 per cent of land area but income generated from horticulture is much higher. The state has a monopoly in production of litchi and makhana and continues to grow various fruits, vegetables and spices. Floriculture is catching the imagination of people, reflected in their growing interest, across the state, in diversification of horticulture. Over viewing the current status, constraints and potentiality, it is evident that there is ample opportunity for development of horticulture in the state.