Doubling farmers' income

 

Doubling farmers' income

Posted On: 11 AUG 2023 6:32PM by PIB Delhi

Government had constituted an Inter-Ministerial Committee in April, 2016 to examine issues relating to “Doubling of Farmers Income (DFI)” and recommend strategies to achieve the same.  The Committee submitted its final report to the Government in September, 2018 containing the recommendations for doubling of farmers’ income through various policies, reforms &programmes.  To achieve the objective, the Committee identified following seven sources of income growth: -

1. Increase in crop productivity
2. Increase in livestock productivity
3. Resource use efficiency – reduction in cost of production
4. Increase in cropping intensity
5. Diversification to high value agriculture
6. Remunerative prices on farmers’ produce
7. Shift of surplus manpower from farm to non-farm occupations

Government has adopted and implemented several policies, reforms, developmental programmes and schemes for achieving higher incomes for the farmers directly or indirectly. The unprecedented enhancedbudgetary provisions have been made to facilitate the following efforts of the Government.

1. Income support to farmers through PM KISAN
2. Pradhan Mantri Fasal BimaYojana (PMFBY)
3. Institutional credit for agriculture sector
4. Fixing of Minimum Support Price (MSP) at one-and-a half times the cost of production
5. Promotion of organic farming in the country
6. Per Drop More Crop
7. Micro Irrigation Fund
8. Promotion of Farmer Producer Organisations (FPOs)
9. A National Beekeeping and Honey Mission (NBHM)
10. Agricultural Mechanization
11. Providing Soil Health Cards to farmers
12. Setting up of National Agriculture Market (e-NAM) extension Platform
13. Launch of the National Mission for Edible Oils – Oil Palm
14. Agri Infrastructure Fund (AIF)
15. Improvement in farm produce logistics, Introduction of Kisan Rail.
16. MIDH - Cluster Development Programme:
17. Creation of a Start-up Eco system in agriculture and allied sector
18. Achievement in Export of Agri and Allied Agri- Commodities

 

Implementation of these schemes has yielded remarkable results towards augmenting the income of the farmers. As part of the ‘Azadika Amrit Mahotsav’, Indian Council of Agricultural Research (ICAR) has released a book, which contains compilation of success stories of 75,000 farmers out of innumerable successful farmers who have increased their income more than two times.

This information was given by the Union Minister of Agriculture and Farmers’ Welfare, Shri Narendra Singh Tomar in a written reply in Lok Sabha today.