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            tk ldrk gSA                                               d`f"k foKku dsaæ uoknk] Email: nawadakvk@gmail.com
           Doubling farmers Income: Needs, Challenges & Prospect

        Introduction:                                 only income derived  from agricultural  activities
                                                      or would it also include income of farmers from
        India is an agrarian country with around 70% of   other sources.
        its  people depending  directly or  indirectly upon
        agriculture. But farmers' suicides in India is   Needs & Challenges:
        worrying. As per the Central Government despite   To achieve the target of doubling farmers' income
        a multi-pronged approach  to improving  income   by 2022, the  Economic Survey 2021  has
        and social security of farmers, over 12,000   highlighted few basic challenges which needs to
        suicides were reported in the agricultural sector   be addressed:
        every year since 2013. Farmer suicides account
        for approximately 10% of all suicides  in India.   Extension of Irrigation Facilities: The coverage
        There is no denying that the menace of farmer's   of irrigation  facilities needs to be extended
        suicides exists and runs counter to the aspirations   while  ensuring  an  effective  water  conservation
        of reaping benefits of our demographic dividend.   mechanism.
        Among  various  reasons  identified,  meagre   Improve Agricultural  Credit:  An inclusive
        remuneration or income received by the farmers   approach to provision for agricultural credit has to
        paramount to others.                          be undertaken to address the issue of skewness
        Central Government admitted that  no actual   in its regional distribution, it said.
        assessment of farm income has been carried    Land  Reform:  As  the  proportion of  small and
        out since 2013. The Government of India in its   marginal  holdings  is  significantly  large,  land
        Annual  Budget 2016-17  set a policy  target of   reform measures like freeing up land markets
        doubling farmers' income by 2022.             can help farmers improve their Income.
        The goal of doubling  farmers' income by the   Boost  to  Allied  Sectors:  Allied sectors,  such
        year 2022 has been dubbed as impossible and   as animal husbandry, dairying and fisheries,
        unrealistic by some experts. Some commentators   need to be given a boost to provide an assured
        have produced  calculations  that agriculture   secondary source of employment and income,
        will require annual growth of 14.86 per cent   especially for small and marginal farmers.
        per  year  for  five  years  to  get  farmers'  income
        doubled and pointed out  that  this  growth level   Farm Mechanisation: There is also  a need  to
        hasn't been  achieved  even for one  year in the   address the issue of lower farm mechanisation
        history of Indian agriculture. It seems that critics   in India which is only about 40% as compared to
        and  sceptics  focused  more  on  five  years  and   about 60% in China and around 75% in Brazil.
        ignored substantive aspects of the matter .The   Improving  Food  Processing Sector: More
        substantive points are: (I), what is the period and   focussed  attention"  is required  to be  given
        targeted year for doubling the farm income; (II),   to  the sector  due to  its  significant  role  in
        what is to be doubled, is it output, value added   reducing post-harvest  losses and  creation  of
        or income earned by farmers from agricultural   an additional market for farm outputs. The food
        activities; (III),  whether nominal  income is to   processing  sector  is growing at  an average
        be  doubled  or real  income  is to be  doubled;   annual growth rate of more than 5% over the last
        and four, whether the targeted income includes   six years ending 2017-18.
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