-PTI NEW DELHI: An additional investment of Rs 6,399 billion is required from both public and private sectors to enable doubling of farmers' real income by 2022-23, a government committee said in its latest report. At present, public investment is below national average in states like Assam, Kerala, Uttar Pradesh, Madhya Pradesh, Bihar, West Bengal, Tamil Nadu, Rajasthan, Punjab and Odisha. Less developed states in the eastern region continue to lag behind in...
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'Input prices have pulled down farm income' -TV Jayan
-The Hindu Business Line New Delhi: A substantial increase in input costs of materials has led to a decline in crop income over the years. This has resulted in the purchasing power of farmers not improving even though there was an increase in farm output, an official report has said. “By and large, the per hectare real value of output increased for most crops during the period 2004-05 to 2013-14, but the...
More »What is the cost of doubling farmers' income by 2022? -Richard Mahapatra
-Down to Earth The farmers have to make an investment of Rs 463 billion in the next five years A “New India” is the latest national agenda. Prime Minister Narendra Modi, in his fourth Independence Day speech, made an appeal with his trademark gesture of both hands pointing towards the gathering: “A new India that would fulfil the dreams of the young and women, and see the income of farmers double.” Doubling...
More »Government planning 'one nation, one market' in agriculture sector -Sayantan Bera
-Livemint.com The government’s model law for agricultural reforms aims to allow farmers a wider choice of markets beyond the local mandi New Delhi: The National Democratic Alliance (NDA) government is working on creating a common agricultural market that will improve the lot of farmers and the efficiencies of India’s notoriously inefficient farm-produce markets. The government put out a model law proposing a fundamental reset in the way agricultural markets operate on 24 April....
More »Panel on doubling farmers' income mulls major reforms
-PTI The inter-ministerial panel is looking at suggesting market reforms in a big way and increasing focus on sub-sectors of agriculture like animal husbandry, poultry and fisheries Hyderabad: A committee formed by the Centre to double farmers’ income by 2022 is considering major reforms in agriculture sector, like adopting a profit-centric approach and to aim at increased productivity and reduced cost of cultivation. The inter-ministerial panel, constituted in April last year, is also...
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