Doubling the Farmer’s Income by 2022 – Current Scenario, Issues & Challenges and Way Forward

Authors

  • Ranjan Gunjal DGM Finance, Godrej & Boyce Mfg. Co. Ltd. Vikhroli, Mumbai

DOI:

https://doi.org/10.33516/maj.v55i11.21-24p

Abstract

For Many Years, Indian Farmer has been at the Mercy of Monsoon, being exploited by Middlemen & Money lenders and being used as a Vote bank by Politicians! Farmers Committing Suicides due to indebtedness and Crop Failures has become a regular feature! Various Governments have made promises to improve the quality of Farmer’s Life without working on core issues like Policy Changes, Infrastructure Development and Ease of Doing Agriculture! Will this change any time soon?

Modi Government’s vision for New India involves “Sabka Saath Sabka Vikasâ€. Transformation of agriculture sector is crucial in that respect as nearly half of the workforce in the country is employed in agriculture.In 2015-16, Prime Minister, expressed his near-Term Target of Doubling Farmer’s Income by 2022-23.

Is it practically possible or is it like one of the Populist Statement? Let’s try to understand.

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Published

2020-11-01

How to Cite

Gunjal, R. (2020). Doubling the Farmer’s Income by 2022 – Current Scenario, Issues & Challenges and Way Forward. The Management Accountant Journal, 55(11), 21–24. https://doi.org/10.33516/maj.v55i11.21-24p

Issue

Section

Cover Story

References

https://data.worldbank.org

Doubling Farmer’s Income – NitiAayog