Status of Farmers' Income: Strategies for Accelerated Growth - Vol.02

Download or read book Status of Farmers' Income: Strategies for Accelerated Growth - Vol.02 written by Ministry of Agriculture & Famers Welfare and published by . This book was released on 2017 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second volume of the Report of the Committee on Doubling Farmers' income (DFI) examines the aggregated growth rates that need to be achieved at both national and state levels, besides disaggregating them sub-sectorally. The analysis is on the basis, that it is the real income of the farmers that is to be doubled and not their nominal income. Since the previous volume of the farmers that is to be doubled and not their nominal income. Since the previous volume ascertains, that on an average 60 per cent of farmers' income is from agricultural output (including liverstock), the targets are designed to double this component of income and also improve the ratio between farm and non-farm income from 60:40, as of now, to 70:30 by the end of target period. In doing so, various other developments in the form of allied enterprises and support infrastructure are envisaged. Theses developments will creased new source of earnings and near-farm jobs, to add to income.