Increasing Farmers’ Income

admin September 21, 2020 Daily Current Affairs

The Government 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 Report to the Government in September, 2018 containing the strategy for doubling of farmers’ income by the year 2022.
The DFI strategy as recommended by the Committee include seven sources of income growth viz.,
(i) improvement in crop productivity;
(ii) Improvement in livestock productivity;
(iii) Resource use efficiency or savings in the cost of production;
(iv) Increase in the cropping intensity;
(v) Diversification towards high value crops;
(vi) Improvement in real prices received by farmers; and
(vii) Shift from farm to non-farm occupations.
After acceptance of the DFI Committee recommendations, the Government has constituted an ‘Empowered Body’ to review and monitor the progress.
Agriculture being a State subject, the State Governments undertake implementation of programs/schemes for the development of the sector.
Government of India supplements the efforts of the State Governments through various schemes/ programs.
These schemes/ programs of the Government of India are meant for the welfare of farmers by increasing production, remunerative returns and income support to farmers.