PM Modi: Working to double farm income by 2022

Prime Minister Narendra Modion Wednesday said that the central government is working towards doubling farmers’ income by 2022. To achieve this, the government has doubled the budget for agriculture to Rs 2.12 lakh crore, he added.

“Cutting input cost, fair price for the crop, preventing the produce from rotting and creating alternate sources of income are the four key areas for raising farm income,” Modi said during the interaction with farmers through video conferencing.

  1. Govt. doubled the budget for agriculture sector to Rs 2,12,000 crore.
  2. Previous government had fixed a budget of Rs 1,21,000 crore for the same.
  3. “We have faith in the farmers of India” said the PM.

PM Modi’s announcement of doubling the farmer’s income comes ahead of the crucial Lok Sabha elections, scheduled to be held in next year.

Prime Minister Narendra Modi said as many as 99 irrigation schemes that had been stuck for moer than two decades will be completed within a specified time-frame and Rs 80,000 crore has been allocated for the same., as per reports in Hindustan Times.

Prime Minister Modi said the country is not just witnessing record foodgrain production but milk, fruit and vegetable output too are at all-time highs. In 2017-18, 280 million tonnes of foodgrains were produced as compared to an average of 250 million tonnes between 2010 and 2014. Pulses production has increased 10.5%.

“I urge all farmers to stay positive and motivated and do your best, and our government will do its best to ensure the best for you all,” PM Modi.

First, soil health cards are being provided to help farmers better understand soil nutrient status of his/her holding and advice them on the dosage of fertilisers.

Thereafter, loans are being made available to farmers to help them procure good quality seeds, he said, adding neem coating of urea has ensured that black-marketing of the crop nutrient is stopped and farmers get it without any problem.

To ensure farmers get the right price for their crops, online platform e-NAM has been started to eliminate middlemen.