NDA government, headed by Prime Minister Modi, has today set up a panel with the objective to prepare a blueprint that will help double incomes of Indian farmers by 2022, as promised by Indian prime minister Shri Narendra Modi.
A senior official from the Agriculture ministry said, “The committee will chalk out a plan to shift farm policies from being production-oriented to based on incomes.”
The panel has eight members. They will work towards identifying areas where the government should be investing more. They will then suggest ways to reduce risk of farming by diversifying to horticulture and allied activities like livestock and fisheries to boost income, the official added.
The government has set a target to double farm incomes by 2022 and the government set up this committee in order to fulfill this target. The government had announced the target during the budget announcement.
The panel is expected to submit its report in two months. The panel will also look into solutions that will help reduce the cost of cultivation. They will also work towards addressing unpredictability of weather and price fluctuations in the farm sector.
“The government is focusing not only on increasing crop yields but also on reducing the cost of cultivation to increase the net income of farmers. The schemes on soil health card, neem-coated urea and per drop more crop, are aimed at bringing down the cost of cultivation,” the official said.
Additional Secretary of Agriculture ministry, Mr. Ashok Dalwai, will be heading the committee. Other members of the panel will be from the Agriculture and food ministries and experts from the Delhi-based National Council of Applied Economic Research and National Institute of Agricultural Economics and Policy Research.