Doubling farmers’ income will be key topic at BusinessLine Agri Summit


Date & Time: 2020-02-24 12:14:12

In 2016, Prime Minister Narendra Modi set out on his dream to double farmers’ income by 2022. The years that followed have been a challenge for rural India with agri GDP growth plummeting from 4.27 per cent in the 2009-14 period to 2.9 per cent in the 2014-19 period, with four of the last six years seeing below-par monsoons (two deficient and two below-normal monsoons). This has complicated the task for the government to achieve the PM’s mandate. Government initiatives The government, nevertheless, has been doing its bit to make this possible. Under Pradhan Mantri Krishi Sinchayi Yojana, between 2014 and 2019, 40.45 lakh hectares have been additionally brought under micro irrigation. That apart, an electronic National Agriculture Market has been created by linking 585 mandis across the country on one platform.