We must not let Indian agriculture turn into an unending tragi-comedy
10 months, 1 week ago

We must not let Indian agriculture turn into an unending tragi-comedy

Live Mint  

Third, agricultural spends have a targeting problem. Professor Ashok Gulati estimates that the MSP system’s total coverage is limited to only 5.6% of Indian farmers and just 2.2% of our agricultural produce by value. Juxtapose this with the fact that agriculture today accounts for a much lower portion of rural household incomes than is usually imagined. As per the National Statistical Office’s Situation Assessment of Agricultural Households Report 2019, less than half the aggregate income of agricultural households is derived from agriculture. In effect, most agricultural households are not farmers at all in terms of their primary occupation, but likely to be plumbers, electricians, cops, soldiers, construction labour and so on, while state policy spreads a large chunk of finite fiscal resources on a smaller section of agricultural households.

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History of this topic

Why the increase in farm worker population is a worry
1 month ago

Why the increase in farm worker population is a worry

Live Mint  

Between 2017-18 and 2023-24, the number of Indians working in agriculture rose by 68 million. In India, while farms’ share in gross domestic product declined steadily over decades, the pace of decline in the share of agricultural workers in the workforce was slower. Women in the fields While the estimated number of men employed in agriculture rose by just 1.4 …

Farming yields Rs 4,500 a month, less than what you'd splurge on a dinner date
1 month ago

Farming yields Rs 4,500 a month, less than what you'd splurge on a dinner date

India Today  

While critics target tax-free income and 'flashy-big-vehicles' of farmers, suggesting they are affluent and a pampered lot, the reality for the majority of farmers in India is starkly different. While the average monthly income of a farming household, the Nabard survey revealed, is just Rs 13,661, it is left with a meagre Rs 1,951 in savings, equivalent to Rs 65 …

RJD MP Manoj Jha takes a jibe at Agriculture Minister says ‘a lot of difference between words and reality’
Trending News
1 month, 1 week ago

RJD MP Manoj Jha takes a jibe at Agriculture Minister says ‘a lot of difference between words and reality’

The Hindu  

Rashtriya Janata Dal’s Rajya Sabha MP Manoj Jha on Saturday took a jibe at Agriculture Minister Shivraj Singh Chouhan for his Parliament address on farmers, saying, “There is a lot of difference between their word and reality.” Speaking with ANI, Mr. Jha criticised the authorities for the use of tear gas on the farmers protesting at the Sambu border with …

India Q2 GDP data today: From rural demand to govt capex—here are five key indicators to watch
1 month, 2 weeks ago

India Q2 GDP data today: From rural demand to govt capex—here are five key indicators to watch

Live Mint  

India Q2 GDP data today: The Indian economy likely moderated to 6.5 per cent in the July-September quarter of the current fiscal due to an uneven performance across sectors and a decline in private consumption, especially in urban areas amid high food inflation. India Q2 GDP: Here are five indicators to watch 1.Rural consumption Private consumption rebounded at 7.4 per …

Courts can’t fix agriculture, problems are far too complex
1 month, 3 weeks ago

Courts can’t fix agriculture, problems are far too complex

Hindustan Times  

A Supreme Court-appointed committee headed by justice Nawab Singh has made broad-brush observations about India’s agrarian crisis and urged serious consideration of legal sanctity to minimum support prices for farmers. That India’s agrarian economy has been mired in a viability crisis — farmer suicides are its most macabre manifestation — isn’t unknown. But MSP alone can’t solve second-order problems of …

'Double engine' of private investment, mass consumption derailed under Modi government: Congress
2 months ago

'Double engine' of private investment, mass consumption derailed under Modi government: Congress

New Indian Express  

Congress general secretary in-charge communications Jairam Ramesh urged the government to accept what the Congress has been proposing - raising MGNREGA wages to a minimum of Rs.400 per day, guaranteeing MSP and a loan waiver for farmers, and a monthly income support scheme for women - to kickstart income growth in rural India. Last week, several CEOs from India Inc …

‘Farmers in Karaikal to get their annual incentive in few days’
7 months ago

‘Farmers in Karaikal to get their annual incentive in few days’

The Hindu  

Annual incentives for farmers will be paid through direct benefit transfer in the individual bank accounts in a few days, said a press note from the Agriculture Department here. A total of 5,167 farmers under various categories would get ₹5,23,31,117 this year. Under the Crop Production Technology scheme and Horticulture Development scheme, farmers get these incentives, R. Ganesan, additional director …

Ignoring an agricultural sector in distress
11 months, 1 week ago

Ignoring an agricultural sector in distress

The Hindu  

February 02, 2024 12:44 am | Updated 07:51 am IST The report released by the Finance Ministry and the vote-on-account presented by the Finance Minister are concerned more about portraying a glowing image of the government than about the financing plans for 2024-25. The fall of incomes from cultivation was not only owing to the stagnation or fall of agricultural …

The Janus of India’s official statistics
1 year, 6 months ago

The Janus of India’s official statistics

New Indian Express  

In contrast, our performance on censuses and surveys is riddled with holes. The last Agriculture Census was in 2015–16, SECC in 2011–12, MSME Census in 2006–07 and Livestock Census in 2019. It shouldn’t be a surprise that we don’t quite have a handle on the informal/unorganised sector and its contribution to GDP. With PPI awaited, the GDP deflator is a …

How falling farm incomes impact India’s economy
1 year, 9 months ago

How falling farm incomes impact India’s economy

Live Mint  

After a period of robust crop prices, farm incomes are likely to take a hit in 2023 following a glut in perishable prices and damage wreaked by unseasonal rains. In March, ready-to-harvest winter crops like wheat, chick peas and mustard were damaged by hailstorms and unseasonal rains in several states. But higher prices for rice and wheat are a result …

Economic Survey 2023: Centre's MSP Boost For Crops Powered Agriculture Sector To Robust Growth
1 year, 11 months ago

Economic Survey 2023: Centre's MSP Boost For Crops Powered Agriculture Sector To Robust Growth

ABP News  

The Economic Survey 2022-23 was tabled by Finance Minister Nirmala Sitharaman on Tuesday in the parliament. As all eyes are on the Budget 2023, where the expectations for the agriculture sector remain upbeat, the Eco Survey 2022-23 showed that the performance of the agriculture and allied sector has been buoyant. As per the Eco Survey tabled in the Parliament, the …

We did not manage to double the income of Indian farmers
2 years ago

We did not manage to double the income of Indian farmers

Live Mint  

On 28 February 2016, at a farmer rally in Bareilly, Uttar Pradesh, Prime Minister Narendra Modi announced the government’s intention of doubling the income of farmers by 2022, a year marking 75 years of India’s independence. Nonetheless, based on the SAS, the income of farmer households from crop cultivation declined 1.5% per annum between 2012-13 and 2018-19, similar to what …

Farming isn't doing as well as our GDP data suggests
2 years ago

Farming isn't doing as well as our GDP data suggests

Live Mint  

Despite both rabi and kharif crops not doing better compared to last year, a GVA growth of more than 4.5% is surprising but not unexpected. In fact, in the new series of GDP, it has been the case that the non-crop sector, which accounted for only one-third of total output, accounts for almost three-fourths of the agriculture sector’s total growth. …

Farmers' Income Doubled in FY22 Against FY18 for Certain Crops: SBI Report
2 years, 5 months ago

Farmers' Income Doubled in FY22 Against FY18 for Certain Crops: SBI Report

News 18  

Farmers’ income doubled in the financial year 2021-22 as compared to 2017-18 for certain crops in some states, like soyabean in Maharashtra and cotton in Karnataka. This substantiates the trend as per the 77th National Sample Survey that source of farmer income has become increasingly diverse apart from crops,” SBI Research said in a report released on Sunday, titled ‘Special …

Eco Survey pegs agriculture growth at abysmal 4% against last year’s 17.9%
2 years, 10 months ago

Eco Survey pegs agriculture growth at abysmal 4% against last year’s 17.9%

Hindustan Times  

Mumbai: Pointing to the continuing stress on the economy, the ‘Economic Survey of Maharashtra 2021-22’ has said that the agriculture sector is expected to grow at 4.4 percent as against 17.9 percent in the previous year. Highlighting some green shoots in the economy, it said that industrial growth is expected at 11.9 percent, which is higher than the negative growth …

An MSP scheme to transform Indian agriculture
2 years, 11 months ago

An MSP scheme to transform Indian agriculture

The Hindu  

The ongoing struggle of farmers is not for political power. MSP could serve, in principle, three purposes — price stabilisation in the food grains market, income support to farmers, and also as a mechanism for coping with the indebtedness of farmers. The price stabilisation policy for food grains in India evolved over time, first with the Essential Commodities Act in …

What the Budget can do to support farming, in five charts
2 years, 11 months ago

What the Budget can do to support farming, in five charts

Live Mint  

In 2016, the BJP-led government set itself the target to double farmers’ incomes by 2022. Three such schemes accounted for 82% of central budgetary allocations to the ministry of agriculture and farmers' welfare in 2021-22, against 18% in 2018-19: cash transfer scheme PM-KISAN, PMFBY, a crop and yield insurance scheme, and interest subsidies on short-term credit to farmers. Income Boost …

Guaranteed MSP is State-enabled Loot That Will Not Help Real Farmers - News18
3 years, 1 month ago

Guaranteed MSP is State-enabled Loot That Will Not Help Real Farmers - News18

News 18  

The agrarian idea of India’s economy needs revaluation as we have historically been an industrial nation that had the technology to build monuments, medical instruments. “As a result, by 2004-05, the rural economy had shifted away from agriculture and toward non-agricultural activities.” Minimum Support Price The minimum support price is a “minimum price” set by the government for any commodity …

Explained | What will a legal guarantee of MSP involve?
3 years, 1 month ago

Explained | What will a legal guarantee of MSP involve?

The Hindu  

The story so far: After a year-long agitation on the borders of Delhi, protesting farm unions under the banner of the Samyukt Kisan Morcha have achieved their headline demand, namely the repeal of three contentious laws seeking to reform the storage and marketing of agricultural produce. In a letter to Prime Minister Narendra Modi, the SKM said MSP based on …

Dr Ashok Dhawale: ‘Crisis has engulfed agrarian society’
3 years, 4 months ago

Dr Ashok Dhawale: ‘Crisis has engulfed agrarian society’

The Hindu  

Dr Ashok Dhawale, national president, All India Kisan Sabha, India’s largest farmers’ organisation, has spearheaded the farmers’ movement for over three decades, and is one of the prominent faces of the Samyukt Kisan Morcha. The simple fact is that India’s agricultural growth rate in the 1980s was higher than the agricultural growth rate in the last 30 years of neoliberal …

India’s farm sector to sustain momentum, but that’s not enough
3 years, 8 months ago

India’s farm sector to sustain momentum, but that’s not enough

Hindustan Times  

India’s farm sector is forecast to maintain its remarkable expansion in 2021-22 on the back of robust output and prices despite the coronavirus pandemic. A normal monsoon will continue to see an expansion of the agriculture sector, aside from good encouraging prices and acreage trends,” said Abhishek Agrawal of Comtrade, an agricultural trading firm. Better performance of the agriculture sector …

Govt Ushered Historic Increase in MSP, Doing Everything Possible to Double Farmers' Income: PM Modi
3 years, 10 months ago

Govt Ushered Historic Increase in MSP, Doing Everything Possible to Double Farmers' Income: PM Modi

News 18  

On the completion of two years of the Pradhan Mantri Kisan Samman Nidhi, Prime Minister Narendra Modi on Wednesday said his government ushered a historic increase in the Minimum Support Price for crops and was doing everything possible to double the income of farmers. We are doing everything possible to double the income of farmers,” he said in a series …

Agri Bills Aim to Double Farmers' Income, MSP & Mandis Not Going to be Quashed: UP CM Yogi Adityanath
4 years ago

Agri Bills Aim to Double Farmers' Income, MSP & Mandis Not Going to be Quashed: UP CM Yogi Adityanath

News 18  

Reiterating Modi government’s commitment to double the income of the farmers by 2022, Uttar Pradesh chief minister Yogi Adityanath on Sunday sought to make it clear that all the endeavours of the Centre in the state were aimed towards this and the overall welfare of the farmer community. “I appeal to you to not be misguided by the misinformation campaign …

In agri-reforms, go back to the drawing board
4 years ago

In agri-reforms, go back to the drawing board

The Hindu  

The purpose of agriculture reforms is to increase farmers’ incomes. The problem of low incomes in India’s agriculture sector is a complex systems problem which cannot be solved by agriculture experts alone. Economists point, wistfully, to the firmness with which bold reforms were brought about in 1991, and how the government stood up to the ‘Bombay Club’ of industrialists who …

Poor Farmers, Small Landholdings & Low Crop Yield Crisis: Why India Desperately Needs Farm Reforms
4 years ago

Poor Farmers, Small Landholdings & Low Crop Yield Crisis: Why India Desperately Needs Farm Reforms

News 18  

When it comes to agriculture, India is a land of contradictions. India is one of the top producers of several crops in the world but when it comes to productivity parameters, i.e., crop produced per unit of land, we are yet laggards. However, when it comes to the agricultural yield, or amount of crop produced per unit of land, we …

Budget 2020: Govt must give priority to agriculture, empower farm sector to revive economy; don't hand out doles and sops
4 years, 11 months ago

Budget 2020: Govt must give priority to agriculture, empower farm sector to revive economy; don't hand out doles and sops

Firstpost  

In Budget 2020, it is fervently hoped that the government will focus on genuinely empowering the farm sector. For instance, while the average farmer gets only Rs 711 a month from livestock rearing, farmers in Gujarat and Tamil Nadu and other progressive states get around Rs 100 per milch cattle per day for 300 days a year. Except in the …

A rural stimulus: On MGNREGA wage hike
5 years, 3 months ago

A rural stimulus: On MGNREGA wage hike

The Hindu  

The government’s statistical machinery has begun work on revising the indices that capture the trends in consumer prices experienced in rural India. But two-thirds of the dated inflation index is still driven by food prices, which may effectively end up understating the price pressures facing rural households. This depressant effect could be accentuated when low food inflation coincides with decelerating …

Falling incomes
5 years, 9 months ago

Falling incomes

The Hindu  

THE north-western plains of Uttar Pradesh, covering Meerut, Baghpat, Bulandshahr, Muzaffarnagar, Rampur and Saharanpur, boast the highest land productivity in the State. The Modi-Yogi Adityanath combine has spelt disaster for the farmers of Uttar Pradesh, according to the farmer Rambeer Singh of Mawana tehsil in Meerut district. How will a farmer survive?” Farmers across Uttar Pradesh have been protesting outside …

Everybody loves a farmer
5 years, 9 months ago

Everybody loves a farmer

The Hindu  

In a sudden flurry of new-foundconcern for the long-suffering Indian peasant, parties across the political spectrum are desperately trying to woo this section of society. After consistently refusing to fix the minimum support price for farm produce at C2+50 per cent level as recommended by the National Commission of Farmers headed by the agricultural scientist M.S. Within a week, the …

Farm sector doles: Band-aid solutions hide jobless growth; India's agrarian economy needs liberalisation, not govt handouts
5 years, 10 months ago

Farm sector doles: Band-aid solutions hide jobless growth; India's agrarian economy needs liberalisation, not govt handouts

Firstpost  

Instead of addressing the dwindling jobs and agrarian crisis, the government has responded by announcing a Targeted Basic Income scheme for farmers. In spite of its huge budgetary allocation Rs 75,000 crore per year, which exceeds National Rural Employment Guarantee Scheme budget, it offers very little purchasing capacity to individuals, let alone potential to create sizable jobs. It is in …

“What can a farmer achieve with Rs 6,000 a year?”: Rural UP reacts to Centre's income support scheme
5 years, 11 months ago

“What can a farmer achieve with Rs 6,000 a year?”: Rural UP reacts to Centre's income support scheme

Firstpost  

“Sure, the scheme has been announced. They are in any case satisfied with whatever they get,” he reasoned, however added, “But really, what can a farmer achieve with Rs 6,000 a year?” Anil, another farmer in Banda, echoed Chhote Lal’s thoughts, “We could have still adjusted our expenses if we were getting Rs 6,000 every month, but for a year, …

'Govt luring farmers with peanuts': Union Budget allocation gets lukewarm response from agrarian sector
5 years, 11 months ago

'Govt luring farmers with peanuts': Union Budget allocation gets lukewarm response from agrarian sector

Firstpost  

Several farmers said after Finance Minister Piyush Goyal finished presenting this government’s last budget that it had not swayed them to vote for Narendra Modi’s BJP. Mumbai: “Peanuts” was how one rural politician described a 6,000 rupee yearly handout to small farmers promised in Friday’s budget as Indian Prime Minister Narendra Modi tries to secure the support of rural voters …

Budget 2019 sops for agrarian sector: Rs 6,000 to small and marginal farmers good move, but needs enhancement
5 years, 11 months ago

Budget 2019 sops for agrarian sector: Rs 6,000 to small and marginal farmers good move, but needs enhancement

Firstpost  

The NDA government’s decision to provide Rs 6,000 per year to each farmer with a land holding of less than 2 hectares is a major boost for the sector that has been witnessing a sharp decline in the numbers of cultivators since 2001. This assured income of Rs 500 per month is vital for small and marginal farmers as only …

Budget 2019: FM cultivates farmers with ₹6,000 in hand every year
5 years, 11 months ago

Budget 2019: FM cultivates farmers with ₹6,000 in hand every year

Live Mint  

In a bid to win back the support of disgruntled farmers ahead of general election due in April-May, the Narendra Modi government on Friday announced an income support scheme for small farmers as a key promise in its final budget. Finance minister Piyush Goyal assured farmer households a direct income transfer of ₹6,000 per year and said the first instalment …

Budget 2019: FM cultivates farmers with ₹6,000 in hand every year
5 years, 11 months ago

Budget 2019: FM cultivates farmers with ₹6,000 in hand every year

Live Mint  

In a bid to win back the support of disgruntled farmers ahead of general election due in April-May, the Narendra Modi government on Friday announced an income support scheme for small farmers as a key promise in its final budget. Finance minister Piyush Goyal assured farmer households a direct income transfer of ₹6,000 per year and said the first instalment …

NDA govt’s last budget will be a political call to pacify farmers
5 years, 11 months ago

NDA govt’s last budget will be a political call to pacify farmers

Live Mint  

In a bid to contain the electoral fallout of farm distress, the Narendra Modi government is likely to announce a host of measures in the forthcoming budget, including a direct income transfer scheme for farmers, potentially as a pilot project, to counter the farm loan waiver promised by Congress president Rahul Gandhi. “Also, any income transfer scheme is unlikely to …

Agrarian crisis: Bias against agriculture needs to go for revival; higher investment, change in attitude towards sector a must
6 years, 1 month ago

Agrarian crisis: Bias against agriculture needs to go for revival; higher investment, change in attitude towards sector a must

Firstpost  

More attention to agriculture by way of higher investment and positive attitudinal changes, therefore, may actually bring about better economic dividends and put India into a higher development trajectory like other Asian nations. The first reaction of the Bharatiya Janata Party-led Central government after the party’s debacle in the Hindi heartland states of Madhya Pradesh, Chhattisgarh and Rajasthan seems to …

Doubling farm incomes: Why change is still slow
6 years, 2 months ago

Doubling farm incomes: Why change is still slow

Deccan Chronicle  

Agriculture’s contribution to economic value addition is shrinking worldwide. But that is cold comfort for the families of 118 million small and marginal farmers in India, comprising 85 per cent of the 139 million land holdings. These subsidies — purchase above market rates; fertilisers supplied at below market rates; electricity supplied at below cost; canal water supplied at below cost, …

Farmers on the war path: Solution lies not in MSP, but in giving farmers a share in the revenue
6 years, 3 months ago

Farmers on the war path: Solution lies not in MSP, but in giving farmers a share in the revenue

Firstpost  

There is a sadder side to the farmer agitation. States where farmers get even lower incomes than the national average include Jharkhand, Bihar, Uttar Pradesh, Madhya Pradesh and Chattisgarh – all of them in North India which is India’s most populous region. The solution lies is moving away from the MS Swaminathan formula of giving farmers 50 percent more than …

Opinion | Indian agriculture’s problem of scale
6 years, 3 months ago

Opinion | Indian agriculture’s problem of scale

Live Mint  

The past few days have neatly summed up the scale and nature of the challenges facing India’s agriculture sector. First, the provisional agriculture census 2015-16 showed that landholdings have continued their decades-long trend of fragmentation, leading to a further rise in the proportion of small and marginal farmers. In his famous 1962 The Economic Weekly article, “An aspect of Indian …

Farmers' income will increase to Rs 62,635 cr, says govt as it hikes MSP of Rabi crops
6 years, 3 months ago

Farmers' income will increase to Rs 62,635 cr, says govt as it hikes MSP of Rabi crops

India TV News  

Grappling with discontent within the agriculture sector, the Modi government on Wednesday hiked minimum support price of Rabi crops. During the Cabinet meeting, chaired by Prime Minister Narendra Modi, the government approved a Rs 105 per quintal hike in the minimum support price of wheat to Rs 1,840 per quintal for 2018-19 season. "By increasing the MSP today the farmers …

Kisan Kranti Yatra: Low income major cause of agrarian distress, but is higher MSP solution to farmers' woes?
6 years, 3 months ago

Kisan Kranti Yatra: Low income major cause of agrarian distress, but is higher MSP solution to farmers' woes?

Firstpost  

The current farmers’ agitation demanding a higher minimum support price, among others, is puzzling for many since it had been raised by 15 percent for 13 kharif crops, on an average, in July this year – the highest since 2013. Ironical as it may seem, a 2017 Niti Aayog report says that farmers’ income has not kept pace with the …

Kisan Kranti Yatra in Delhi: Presentations alone won't solve agrarian distress, govt must examine ground reality
6 years, 3 months ago

Kisan Kranti Yatra in Delhi: Presentations alone won't solve agrarian distress, govt must examine ground reality

Firstpost  

The ill-conceived effort to resolve woes of farmers, who are harvesting debt every month, through official presentations is nothing more than a repetitive process irrespective of the shades of power in the Centre since independence, and the reason why farmers marched to Delhi as part of Kisan Kranti Yatra New Delhi: There is no relation between the old solutions babus …

Reduction in number of farmers will help raise farm incomes: Ramesh Chand
6 years, 3 months ago

Reduction in number of farmers will help raise farm incomes: Ramesh Chand

Live Mint  

New Delhi: Growth in farm incomes will be aided by a reduction in the number of farmers and value addition of produce, apart from rising growth in agriculture gross domestic product, according to farm sector expert and NITI Aayog member Ramesh Chand. Edited excerpts from an interview: India’s agriculture GDP growth rate has averaged 2.5% in the past four years. …

India's rural households have just enough monthly surplus to buy a ceiling fan; Andhra Pradesh, Jharkhand among poorest states
6 years, 3 months ago

India's rural households have just enough monthly surplus to buy a ceiling fan; Andhra Pradesh, Jharkhand among poorest states

Firstpost  

While average monthly expenditure for all households in rural India was Rs 6,646, agricultural households reported 15 percent more expenses compared to non-agricultural households. The average monthly consumption expenditure of rural Indian households – agricultural and non-agricultural – was Rs 6,646 in 2015-16, compared to the average monthly income of Rs 8,059. Households in Punjab and Kerala have highest expenses …

Govt panel recommends radical overhaul of farming ecosystem
6 years, 3 months ago

Govt panel recommends radical overhaul of farming ecosystem

Live Mint  

New Delhi: The government should undertake a radical overhaul of the agriculture ecosystem by moving from a supply-push production system to a demand-led one, according to a committee set up by the centre to recommend strategies to double farmer incomes by 2022. The agriculture ministry should also set up an “empowered committee” to operationalize and monitor progress of doubling of …

For NDA's move to raise MSPs of monsoon crops to matter, agriculture needs structural changes, says economic analyst
6 years, 3 months ago

For NDA's move to raise MSPs of monsoon crops to matter, agriculture needs structural changes, says economic analyst

Firstpost  

By Shreehari Paliath Mumbai: Under pressure from farmers’ groups across the country due to falling prices and a glut of produce, the Bharatiya Janata Party-led National Democratic Alliance government announced a hike in the minimum support prices of kharif season crops in July 2018. pic.twitter.com/7HayzD6ccD — BJP July 4, 2018 However, the new MSPs do not meet the recommendations made …

‘Increase in MSP is Inadequate But Welcome’: Madhurima Swaminathan
6 years, 3 months ago

‘Increase in MSP is Inadequate But Welcome’: Madhurima Swaminathan

The Quint  

Swaminathan: In economics, when you consider economic or opportunity costs, all inputs are taken into consideration. The literature talks about two concepts which are clearly defined; one is paid-out cost and the other, economic cost. It essentially tries to ensure that a poverty line is set at a level where it is feasible, taking into consideration resource constraints. It is …

Why reports of agriculture’s demise are greatly exaggerated
6 years, 4 months ago

Why reports of agriculture’s demise are greatly exaggerated

Live Mint  

Bengaluru/New Delhi: Farmers may be looking for alternative avenues of income, but it is too soon to write off the significance of agriculture in rural India, data from the recently released Nabard All India Rural Financial Inclusion Survey shows. An initial reading of the survey findings seems to suggest that earnings from farm-related activities—cultivation and livestock rearing—contributed just 43% to …

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