Steps Taken By Govt To Double Farmers Income

24 jan 2018 01 45 am ist livemint.

Steps taken by govt to double farmers income.

Easier said than done this step. Income sources farmers may receive income from many sources but the most common source is the sale of livestock produce grains and other products raised or bought for resale. The government wants to double their income in the next three years and identifying the right steps are crucial to their effort. Jayachandran mint how government can double farmer incomes 4 min read.

We have increased import duty on several commodities raised msp widened insurance cover and invested big time in farm mechanisation irrigation and modernisation. Sugar technology mission aimed at reducing the cost of production of sugar and improving sugar quality through steps for improvements in. The result of 100 neem coating of urea has also been exposed in the form of reducing expenditure on fertilizers besides increasing productivity. Steps taken by government for doubling farmers income by 2022.

The niti aayog on sunday urged states to take steps ranging from creating farmer friendly agriculture market to land leasing reforms needed for doubling farmers income by 2022. Selecting the right farm input. The government has set a target of doubling of farmers income by the year 2022. Jaitley jaitley said the government has taken various measures to improve rural infrastructure by building roads.

Union cabinet recently approved the country s first agriculture export policy with an aim to double farmers income. These and other steps that we have talked about will definitely give results in the coming years. Incorrect reporting of farm income and expenses accounts for part of the estimated 345 billion per year in unpaid taxes according to irs estimates. The government has set a target of doubling of farmers income by the year 2022 and constituted the dfi.

The collapse of food prices has hurt farmer incomes. Raising the minimum support price msp introducing soil health cards and launching overarching schemes like the pradhan mantri krishi sinchayee yojana pradhan mantri fasal bima yojana pmfby and e nam for national agriculture. In the recent times the government of india has taken some crucial steps toward doubling of farmers income. More than 11 crore soil health cards have been distributed so far.