Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Amid slow economic growth, govt committed to doubling farmers’ income by 2022

Indo-Asian News Service
Updated: December 13th, 2019, 19:08 IST
in Business
0
Amid slow economic growth, govt committed to doubling farmers' income by 2022

Amid slow economic growth, govt committed to doubling farmers' income by 2022

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Amid slow pace of economic growth, it might be a challenging task for the government to achieve the target of doubling farmers’ income in the next three years, but the government says it is moving in the right direction to achieve the goal within the time-frame.

Union Minister for Agriculture and Farmers’ Welfare Narendra Singh Tomar while speaking in the Lok Sabha on Thursday claimed to have a roadmap for doubling the farmers’ income by 2022. Describing the data of agricultural production, he said production of foodgrain rose at 8.40 per cent annually during 2014-19, during the discussion on “Crop loss and its impact on farmers.”

Also Read

RBI

RBI’s new gold loan rules may force lenders to alter business models: Report

5 hours ago
Piyush Goyal

Piyush Goyal says India sees surge in FDI, manufacturing; mentions Odisha for this reason

1 day ago

Earlier this week in the same House, replying to a question, Tomar’s deputy, Minister of State for Agriculture Kailash Choudhary said his government is committed to doubling the farmers’ income within the timeframe. He said the Modi government in its first tenure nearly doubled the agriculture budget as compared to the previous UPA regime.

The agriculture budget during the UPA tenure from 2009-2014 was Rs 1.21 lakh crore whereas the Modi government increased it to Rs 2.11 lakh crore during its first tenure, said Choudhary.

Prime Minister Narendra Modi had shared his vision of doubling farmers’ income for the first time while addressing a Kisan Rally at Bareilly in Uttar Pradesh on February 28, 2016. Since then, the Central government has been giving more thrust to the growth of agriculture and allied sectors.

Into its second term, the Modi govt has removed the two-hectare ceiling for providing Rs 6,000 annually to farmers under PM Kisan Samman Nidhi in its first Cabinet decision aimed at doubling the farmers’ income by 2022.

In its first tenure, the government constituted a committee under Ashok Dalwai, then Additional Secretary in Agriculture Ministry, to prepare a report to achieve the goal.

IANS spoke to Ashok Dalwai, now Chief Executive Officer, National Rainfed Area Authority (NRRA), to know the progress made in achieving the goal of doubling the farmers’ income at a time when the growth rate of agriculture and the allied sectors is not encouraging.

Dalwai said, farm income growth rate is different from agriculture growth rate.

He said, “Farm income growth could be higher than the agriculture growth when we help the farmers to reduce his cost of production and facilitate better prices of his produce.”

When asked about the growth rate of farm income achieved so far in the past three years since 2016, he said, “We will get the figures when the next National Sample Survey Office (NSSO) will publish its data, which is usually done in a gap of five years. The NSSO has already started working in this direction.”

While the government is working on methods to raise productivity and reduce the cost of production, it aims to ensure that farmers get the remunerative prices of their produce, said Dalwai. The government is focusing more on marketing — the MSP for crops has been increased and procurement of crops is being done at a large scale, besides, eNAM (Electronic-National Agriculture Market) has been strengthened. Gramin Agriculture Markets, too, will be set up so that farmers get better returns, he added.

In the Dalwai Committee report, the average farmer household’s income has been targeted to rise from Rs 96,703 in 2015-16 (current prices) to Rs 2,42,998 in 2022-23, clocking an increase of two-and-a-half times. The corresponding values for farm income are Rs 58,246 and Rs 1,63,456 respectively in the report.

This implies that farm income in total household income would increase from 60.2 per cent in 2015-16 to 70 per cent in 2022-23 with variations across states. In real terms, the income from farming would also double by 2022-23, rising at constant prices from Rs 58,246 to Rs 1,16,165 over the period, said the Dalwai committee report.

The report also suggests that for doubling the farmers’ income by 2022, non-farm activities, too, have to register an equal growth rate of 10.4 per cent per annum.

 

Tags: CentreEconomic growthfarmers’ incomeModi govt
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019

Archives

Editorial

Trouble For Iran

Iran flag
June 18, 2025

The escalating conflict between Israel and Iran has plunged the Middle East into deeper turmoil, with ramifications stretching far beyond...

Read more

Korean Challenge

Lee Jae-myung
June 17, 2025

The people of South Korea have shown their maturity as votaries of democracy by recently gifting a landslide victory to...

Read more

Mid East Great Again

Iran's private message to Israel: ‘Can intervene if military campaign continues in Gaza’
June 16, 2025

For decades, current Israeli Prime Minister Benjamin Netanyahu has been warning about the “existential threat” that a nuclear-armed Iran poses...

Read more

Nameless Doctrine

June 15, 2025

On 12 June, the United Nations General Assembly adopted a resolution demanding an immediate, unconditional and lasting ceasefire in Gaza....

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST