How to Double Farmers’ Incomes

Satyabrata Acharyya . February 15, 2020

In February 2016, the Central government had set a goal of doubling the income of farmers by 2022 in real terms from the baseline income of 2015-16. The timing of the declaration was most appropriate, as the farm sector was struggling to recover from a severe drought in 2015-16. There was a decline in farmers’ incomes, rising indebtedness of farm households and a sharp increase in the incidence of farmer suicides. The contribution of agriculture to the country’s gross domestic product (GDP) had fallen to 18 per cent, though agriculture accounted for 50 per cent of employment. The target set by the government was indeed an ambitious one, calling for a growth rate of 10 per cent in real terms every year from 2016 onward.

Satyabrata Acharyya

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1 Comment

  1. nallaparaju bangara raju says:

    In my village Kalawacharla,Rjanagaram Mandal, East Godavari District.Andhra Pradesh, small farmers rtequire professional assistance for survival.We few youngsters will coordinate.Please enlist our village and surrounding villages also under your organisation

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