Page 29 - Cost_Competitiveness
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The Institute of Cost Accountants of India
e Innovative e Cost Competitive
Organic Farming an Endeavour towards
Sustainability and Cost Competitiveness
Backdrop: ► Prospective for market and trade
Organic agriculture is an eco-friendly Methodology:
production system that upholds and
enhances biodiversity, biological cycles By the application of Benchmarking
and biological activities. It is based and Resource Mapping analyses, cost-
on minimal use of off-farm inputs and effective inputs of agrochemicals,
management practices that restore and organic farmers can be implemented to
enhance ecological balance. Organic reduce production costs and get out of
foods have far less residues of pesticides, the debt trap. An effcient Supply Chain
growth promoters and antibiotics. can contribute to an increase in the
Organic farming places great emphasis marketable surplus by lowering down the
on animal welfare and is more animal ineffciencies in production, processing,
friendly, where animals are not treated storage and transportation. It would
with synthetic growth hormones or drugs. ensure better prices to the farmers of their
Genetically Modifed Organisms (GMO) is produce.
not allowed in organic agriculture.
Objective: Applicability:
► Optimize the health and produc- Producing Organic is a pledge to a system
tivity of interdependent communities of which ensures that healthy, nutritious food
soil life, plants, animals and people can be produced year after year without
► Organic farming aims at reducing ecological dilapidation. This innovative
and cost-competitive approach is an
the costs of production and helps the endeavor towards socio-economic
farmers to get reasonable returns sustainability.
► Sustained productivity, with safe
and nutritious food value
www.icmai.in
The Institute of Cost Accountants of India
e Innovative e Cost Competitive
Organic Farming an Endeavour towards
Sustainability and Cost Competitiveness
Backdrop: ► Prospective for market and trade
Organic agriculture is an eco-friendly Methodology:
production system that upholds and
enhances biodiversity, biological cycles By the application of Benchmarking
and biological activities. It is based and Resource Mapping analyses, cost-
on minimal use of off-farm inputs and effective inputs of agrochemicals,
management practices that restore and organic farmers can be implemented to
enhance ecological balance. Organic reduce production costs and get out of
foods have far less residues of pesticides, the debt trap. An effcient Supply Chain
growth promoters and antibiotics. can contribute to an increase in the
Organic farming places great emphasis marketable surplus by lowering down the
on animal welfare and is more animal ineffciencies in production, processing,
friendly, where animals are not treated storage and transportation. It would
with synthetic growth hormones or drugs. ensure better prices to the farmers of their
Genetically Modifed Organisms (GMO) is produce.
not allowed in organic agriculture.
Objective: Applicability:
► Optimize the health and produc- Producing Organic is a pledge to a system
tivity of interdependent communities of which ensures that healthy, nutritious food
soil life, plants, animals and people can be produced year after year without
► Organic farming aims at reducing ecological dilapidation. This innovative
and cost-competitive approach is an
the costs of production and helps the endeavor towards socio-economic
farmers to get reasonable returns sustainability.
► Sustained productivity, with safe
and nutritious food value
www.icmai.in
