Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Getting realistic about farm incomes -Ashok Gulati & Shweta Saini

Getting realistic about farm incomes -Ashok Gulati & Shweta Saini

Share this article Share this article
published Published on Mar 6, 2018   modified Modified on Mar 6, 2018
-The Indian Express

Unless government takes bold decisions on agri-markets, reducing production costs and increasing demand, its goal to double farmers’ incomes by 2022 will remain a pipe-dream.

Prime Minister Narendra Modi is one of the best orators in Indian politics today. He is not only coherent and inspiring but connects with his audience well. He is ambitious and committed to fast-track the economy. He sets high targets and drives government machinery to achieve them. In the process, he raises aspirations and expectations of people which if not met, run the risk of hurting his own and the government’s credibility.

Unrealistic promises that remain unfulfilled could hurt the PM’s political capital. People could doubt his intent, his understanding of involved challenges, or the capability of his government to deliver. The case in point is his often-repeated ambition of doubling farmers’ real incomes by 2022. By all means, we want to see him succeed in his ambition. However, our analysis and professional acumen informs us otherwise. We believe that farmers’ real incomes cannot be doubled even by 2025. The target of achieving it by 2030 seems more plausible. In saying so, we run the risk of being unpopular but as Gandhiji once said, “It’s easy to stand with the crowd. It takes courage to stand alone.” And so, we gather courage to say that the ambition of doubling farmers’ income by 2022 is a pipe-dream and not a serious target.

PM Modi spoke of his “dream” of doubling farmers income by 2022 for the first time in February 2016. This was repeated in successive budget speeches of the finance minister. In Ap06ril 2016, the Dalwai Committee was formed; it came out with a 14-volume report to identify ways to double farmers’ income from the 2015-2016 levels, in real terms, in seven years. Since there was no updated estimate of actual level of farmers’ incomes in 2015-16, the Committee arrived at estimates by applying net state domestic product (NSDP) growth rates on estimated state-wise farmers’ incomes of 2012-13 (from the NSSO). It found that an average Indian farmer household earned Rs 96,703 in 2015-16 (this was Rs 77,977 in 2012-13 according to the NSSO). Doubling this to Rs1,93,406 (at 2015-16 prices) by 2022-23, needed real incomes to grow at CAGR of 10.4 per cent at the all India-level, and at differentiated rates at state-level. Graph-1 compares the actually achieved growth rates in farmers’ real incomes (NSSO 2002-03 to 2012-13) with growth rates required (2015-16 to 2022-23) to double farmers’ income.

Please click here to read more.

The Indian Express, 6 March, 2018, http://indianexpress.com/article/opinion/columns/getting-realistic-about-farm-incomes-5087274/


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close