I N T E R V I E W
allows remote monitoring of farms and provides farmers with personalized advice on how to optimize their productivity , both in advance or realtime . This is done by using a combination of smart and sustainable technology that involves soil sciences , water management , non-toxic pest and disease management , IoT , AI , machine learning , smart irrigation , drones , telematics , and GIS .
The target farm yield and income are defined in the SecuFarm contract , and the plan to achieve it is also outlined beforehand . In case the actual farm yield turns out to be lower than the promised level due to incorrect technical assistance , error , and / or negligence , WRMS compensates for the shortfall in the actual farm income vis-à-vis the targeted value of the farm income . This assurance of a minimum income makes the farmer more willing to adopt smart and sustainable technology . Different smart and sustainable technologies are deployed on the farm to operate in tandem with a single goal to improve farmer ’ s income and reduce his production cost .
How does WRMS build smallholder farmers ’ resilience to climate change ?
WRMS is an industry leader in Climate
“ We are on a mission to revolutionize the farming sector .”
Outlook and Weather Forecasting Services and builds resilience against adversities of weather . WRMS helps farmers foresee weather-based risks within a smaller time frame and adopt the right practices to mitigate the risk . We foresee & estimate long-term climate-related risks and identify the markets / geographies exposed , to minimize them . WRMS identifies business models vulnerable to climate risk in a time horizon of the next 10 to 25 years .
What challenges do you face in convincing Indian farmers to adopt more smart farming ?
The difficulties we have in persuading Indian farmers to use smart farming techniques include low literacy rates , traditional agricultural methods , a lack of trust in adopting technology , limited investment capacity , and herd mentality . Because farming involves risk and uncertainty , farmers are unwilling to change .
Latest developments in the organization and what ’ s in the pipeline for the next one year ?
WRMS has recognized the dire need for comprehensive insurance solutions tailored to the unique circumstances of smallholder farmers . To bridge the gap and provide much-needed financial
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BioVoiceNews | October 2023