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Precision agriculture (PA) is meant to automate the complete agricultural processes with the sole target of enhanced crop yield with reduced cost of operation. However, deployment of PA in internet-of-things (IoT) based architecture demands solutions towards addressing various challenges where most are related to proper and precise predictive management of agricultural data. In this perspective, it is noted that learning-based approaches have made some contributory success towards addressing different variants of issues in PA; however, such methods suffer from certain loopholes, primarily related to the non-inclusion of practical constraints of IoT infrastructure in PA and lack of emphasis towards bridging the trade-off between higher accuracy and computational burden that is eventually associated with this. This paper contributes towards highlighting the strengths and weaknesses of recent learning approaches and contributes towards novel findings. [ABSTRACT FROM AUTHOR]