Govt puts focus on animal husbandry, poultry and fisheries to double farmers’ income
Advertisement
Advertisement
A committee formed by the Centre to double farmers' income by 2022 is considering major reforms in agriculture sector, like adopting a profit-centric approach and to aim at increased productivity and reduced cost of cultivation, according to the The inter-ministerial panel, constituted in April last year, is also looking at suggesting market reforms in a big way and increasing focus on sub-sectors of agriculture like animal husbandry, poultry and fisheries.
"What we (are) really looking at is to recommend strategies that would be practical in nature and would help both the governments at the national level and state level and also down the line to adopt practices which are very practical in doubling the income of farmers," committee's Chairman
He was in Hyderabad last week for an event.
The committee has been holding consultations with different stakeholders, including
Advertisement
Noting that majority of farmers in the country are small and marginal, he said making farming viable is the "biggest challenge".
The principle of profit generation in agriculture comes from looking at what is the gross output and what is the cost of cultivation, he said.
"Gross output which has been the approach so far, has been to increase production at any cost. But we would like to increase production on a sustainable basis such that resources are not compromised, in all crops, all commodities and all sub sectors of agriculture. So, the gross output in terms of value to farmer," he said.
The post-harvest management, involving how the commodity is stored, transported and marketed assumes enormous importance, he said.
Another important thing being examined by the committee is the role of important drivers of growth like animal husbandry, poultry, fisheries and horticulture.
Advertisement
"Considering that consumption patterns are changing today, people are now going for high value crops like meat, milk, egg and fruits and vegetables...the farmers can produce those things. It has to be a market-led demand-driven approach. This is what the committee is looking at," he said.
Advertisement
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market