'Agri stack' poised to be India’s next big innovation: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman, during the CII’s Global Economic Policy Forum in New Delhi today, said the benefits of economic success will be spread properly only through technology.

India's Digital Public Infrastructure (DPI), ONDC (Open Network for Digital Commerce) & technology stack for agriculture have democratised access, she says. "Farmers are now able to access the global markets due to the advantage of technology. I'm sure that 'Agri Stack' will be the next big thing you will hear coming out of India."

The FM exhorted MSMEs, saying India has always had the strength of small and medium-sized enterprises. "For the decadal priority, industry should work with small and medium enterprises to explore how they can support large units while equally contributing to job creation."

The FM also touched upon the global macroeconomic scenario, saying the attempt of both industry and governments everywhere should be to restore global calm and normalcy. "There can nowhere be enough justifiable reason for skirmishes or war." She says economic and commercial considerations today will have to look at blending the economy and its priorities with politics and strategic needs.