The Union Government has recently constituted 8-member inter-ministerial committee to prepare a blueprint for doubling farmers’ income by 2022.
The committee will be headed by Ashok Dalwai, Additional secretary at the Union Agriculture Ministry and is expected to submit the report in two months.
Its members will include officials from Agriculture and Food Ministries, experts from the Delhi-based National Council of Applied Economic Research and National Institute of Agricultural Economics and Policy Research.
Terms of reference of the Committee
Prepare plan to shift farm policies to income based from current production-oriented.
Identify potential areas of agriculture where more investment should happen.
Suggest ways to reduce the risk of farming by diversifying to horticulture and allied activities like livestock and fisheries to boost income.
Suggest measures for reducing the cost of cultivation and addressing unpredictability of weather and price fluctuations in farm sector.
Background
In the Union Budget 2016-17, Government had announced to double farm incomes by 2022.
To follow up its budget announcement, Government decided to set up the committee.
Union Government is focusing on increasing crop yields and reducing the cost of cultivation in order to increase the net income of farmers.
For this purpose, Government had launched various schemes related to agriculture sector to bring down the cost of cultivation.
Current Affairs 25th April, 2016 Highlights of Union Budget 2016-17 Highlights of Railway Budget 2016-17
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