Target of doubling the income of farmers

Target of doubling the income of farmers

Government had constituted an Inter-Ministerial Committee in April, 2016 to examine issues relating to “Doubling of Farmers Income (DFI)” and recommend strategies to achieve the same. The Committee submitted its final report to the Government in September, 2018 containing the recommendations for doubling of farmers’ income through various policies, reforms & programmes. To achieve the objective, the Committee identified following seven sources of income growth: –

 

 

The Government has substantially enhanced the budget allocation of Ministry of Agriculture & Farmers Welfare from Rs. 27,662.67 crore BE during 2013-14 to Rs. 1,25,035.79 crore BE during 2023-24.

Enhanced budgetary provisions have been made to facilitate the below mentioned efforts of the Government. The various schemes/ programmes of the Government of India are meant for the welfare of farmers by increasing production, remunerative returns and income support to farmers, which include:

 

 

Implementation of these schemes has yielded remarkable results towards augmenting the income of the farmers. As part of the ‘Azadi ka Amrit Mahotsav’, Indian Council of Agricultural Research (ICAR) has released a book, which contains compilation of success stories of 75,000 farmers out of innumerable successful farmers who have increased their income more than two times.

Following Schemes are being run by Department of Animal Husbandry & Dairying to promote dairy and animal husbandry for farmers with the objective to increase the income of farmers:

The amount of funds allocated by the Government for the above schemes for the current financial year 2023-24 is Rs. 4095.64 Crores and funds proposed to be allocated in the coming financial year 2024-25 is Rs. 4210 Crores

This information was given by the Union Minister of Agriculture and Farmers’ Welfare, Shri Arjun Munda in a written reply in Lok Sabha today.

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