Dou­bling Farm­ers' In­come: Food For Thought

India Business Journal - - COVER STORY -

Time to cor­rect pro-con­sumer, anti-farmer poli­cies 14% an­nual farm sec­tor growth needed for next 5 years from cur­rent sin­gle-digit growth Mov­ing be­yond MSP and en­sur­ing smooth, timely and ad­e­quate pro­cure­ment by gov­ern­ment and pri­vate en­ti­ties Ex­pe­dit­ing price-risk mit­i­ga­tion fund for non-MSP pro­duce, like fruits and veg­eta­bles, to pro­tect farm­ers dur­ing price crash Get­ting States on board over model APMC Act, al­low­ing pri­vate play­ers to set up mar­kets and re­mov­ing out­dated curbs on farm­ers Boost­ing e-NAM, which has al­ready linked 585 of to­tal 6,750 APMCs, to im­prove mar­ket ac­cess for farm­ers Push­ing co­op­er­a­tive farm­ing to ad­dress un­vi­able small farm­land hold­ings, pegged at 85% of to­tal farm­land Strength­en­ing farmer-pro­ducer com­pa­nies, cur­rently over 3,000, to en­rich small farm­ers Model land leas­ing law set to pro­vide farm­ers ac­cess to for­mal credit and in­surance

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