Raise Farm Productivity to Boost Manufacturing

Raise Farm Productivity to Boost Manufacturing!

  • Doubling farmers’ income between 2015-16 and 2022-23 will require an annual growth rate of 10.4 per cent in farmer’s real income.

 

  • With present growth of 2.9 per cent per annum. It would take another 24 years to double the Farmer’s income.

 

  • A manufacturing revolution has to be backed by Agriculture revolution: as it will create rural demand for industrial goods. This is the reason for china’s growth model.

 

  • In India agricultural revolution is subdued because of a number of factors like Low productivity, declining exports, marketing issues etc.

 

  • So if India wants to achieve a sustainable and inclusive economic growth. It must launch a spree of agricultural reforms. otherwise, the vision of New India 2022 will remain a dream only.
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