Strategy For Digital Development Of Farming Industry In North Caucasian Federal District

The paper outlines a number of scientific attitudes proposed by leading modern scholars, experts and heads of farming enterprises operating in the Russian Federation to strategic planning of innovations with a focus on digitalization of the agrarian sector. The paper describes the current state of the regional farming industry in the North Caucasian Federal District, which, due to a slowdown of economic indicators, does not fully address related challenges – to reduce significant regional differentiation in rural and urban standards of living, to pay decent salaries, to train and retrain personnel, to provide institutional conditions for implementing state programs for digitalization of industries, to overcome rigid thinking of agricultural producers, to create a system for putting research by domestic developers into practice, to promote coordination of regional ministries and departments in the implementation of state agrarian policy, etc. With this in view, the state should place a premium on agricultural development, since it is the basis of national food security, promotion of health and working capacity of the population. It accentuates the role of the state in innovation activity in the farming industry based on strategic planning and creation of economic conditions to boost regional agriculture through cutting-edge digital and information technology. The authors deal with the impacts hindering the agrarian sector to be geared to improve production efficiency and contribute to the state tasks in the field of digitalization of the farming industry.