Thursday, February 7, 2019

BKC Aggregators LLP, winner of HDFC's digital innovation summit

Good, better, best and never take rest until your good becomes better and better become best; it is the principle which is followed by Dr BK Singh, who is working tirelessly for the welfare of farming community across the country.

After bagging Agriculture Grand Challenge (Govt. of India) 2018, once again his newly incubated BKC Aggregators LLP has become winner of HDFC's Digital Innovation Summit which was organized in  Gujarat on 31st January 2019.
BKC Aggregator is declared winner for its app "Fasal Salah" which provide timely and personalised agri- advisory for the welfare of farmers, a perfect solution for several problems being faced by farmers.

Using dynamic crop models and artificial intelligence analytics BKC has been able to generate an algorithm for calculation of yields well before the harvest. Thus it is possible now to have an accurate estimate of the crop before it is harvested by the farmers. Forecasting the yield before harvest is going to become strong tool for several problems associated to the losses and difficulties being faced by farming community and insurance agency as well, as agriculture is a sector which is a gamble of monsoon and bundle of risks we need adequate solutions for win-win situation.

Aggregation of this technology on mass scale will lead to a situation where in the production estimate of the crop will be available in good time for planning of import as well as exports This could also act as a tool for Crop Insurance where in the inspector will no longer be required to go and inspect the crop to assess the damages and process the insurance claim.

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