This article is about agriculture relation and income illusion which is created by the government of India this is only my point of view if you like the article please share
1. INCOME IS NOT THE REAL
In the recent time of elections, 2019 govt. of India
promises that they will increase the income of the
farmer twice by the year 2024. On the way, the
government of India launches lots of schemes and
programs to facilitate the agriculture sector more
efficiently. Some programs like E-NAM, National
Mission For Sustainable Agriculture (NMSA), Pradhan Mantri Krishi
Sinchai Yojana (PMKSY), Paramparagat Krishi Vikas Yojana (PKVY),
and more.
Agriculture Sector Growth
The Indian agricultural sector is predicted to increase to US$ 24
billion by 2025. The private sector's share in seed production
increased from 57.28% in 2017 to 64.46% in FY21. India is the world's
second-largest producer of rice, wheat, sugarcane, cotton, groundnuts,
and fruits & vegetables. The resilience of the farming community in the
face of adversities made agriculture the only sector to have clocked a
positive growth of 3.4 percent at constant prices in 2020-21 when
other sectors slid. The share of agriculture in GDP increased to 19.9
percent in 2020-21 from 17.8 percent in 2019-20.
Rise of the Prices of other Commodities
While talking about the growth in the agriculture sectors and lots of
yojna we don’t forget about the inflation rate. India's retail inflation
rate, which is measured by the Consumer Price Index (CPI), rose
to 4.48 percent in October 2021, data released by the Ministry of
Statistics and Programme Implementation (MoSPI) revealed on
November 12, 2021, and in October 2020 it was 7.61 percent. The
inflation rate rises marginally.
HARSH KUMAR
2. Connecting The Dots
The price of the finished product is much higher than the raw material.
And that amount will be paid by the end-users, and who are the end-
users we and our farmers. So income is increased but it is defeated by
the price of the final product and when we will check this on aggregate
income and the aggregate price we will able to see that kind of illusions
which is created by the govt of India. So, in the end, the income is not
real.