PM Modi first set a target of doubling farmers’ income by 2022 at a farmers rally held in Bareilly on 28 February 2016.
Farmers’ Income Double 2022: Four years ago, at a farmers rally, Prime Minister Modi said that in 2022, the country will celebrate the 75th anniversary of its independence and on this occasion, he is working on a plan to double the income of farmers. About this, after about a year, a food committee was formed by the central government. There is still 1-2 years left in 2022, but if we talk about the last ten years, the MSP of some crops has increased by 2.5 times. For example, the MSP of Jowar Maldandi has increased 2.93 times in the last ten years and the MSP of Soybean Yellow has increased by 2.69 times. In case of paddy, the minimum support price (MSP) of normal paddy in 2010-11 was Rs 1 thousand per quintal, which increased to Rs 1868 per quintal in 2020-21. Talking about Grade A paddy, its MSP increased from Rs 1030 per quintal in 2010-11 to Rs 1868 per quintal in 2020-21.
MSP of some crops increased more than 2.5 times
In the last ten years, the MSP of some crops has increased more than two and a half times. The MSP of Jowar Maldandi has increased 2.93 times in the last ten years and the MSP of Soybean Yellow has increased by 2.69 times. At the same time, Ragi’s MSP has increased 3.41 times in the last ten years.
Increase in MSP of wheat and paddy by one and a half times
There has not been much increase in MSP of wheat and paddy in the last ten years. In 2010-11, the MSP of A grade paddy per quintal was Rs 1030, which increased to Rs 1888 in 2020-21, which increased by only 1.34 times. Talking about wheat, its MSP was Rs 1120 per quintal in 2010-11 which increased by 1.76 times to Rs 1975 in 2020-21. Since the Modi government came, the MSP of wheat has increased by 1.36 times and the AMP paddy MAP by 1.83 times.
Committee to double income by 2022
PM Modi first set a target of doubling farmers’ income by 2022 at a farmers rally held in Bareilly on 28 February 2016. An inter-ministerial committee was formed on 13 April 2017 the following year. According to this committee, agricultural income will have to increase by 10.4 percent every year to double the income of farmers by 2022 on the basis of the base year 2015-16.
This committee focused on six standards in the agricultural sector and one outside the agricultural sector for its report. 6 standards in the agricultural sector – improvement in crop productivity, improvement in livestock productivity, resource use efficiency, increase in cropping intensity, diversification towards high value crops and improved prices for farmers. In addition to this the report focused on a standard outside the agricultural sector, the shift from agriculture to non-agricultural profession.
