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Thursday, 15 March 2018

Vice President suggests six possible drivers of income for farmers’ growth

The Vice President of India Mr.M. Venkaiah Naidu has said that bring-in greater transparency, ethical corporate behavior and enhanced accountability into our corporate governance system. He was addressing the inaugural session of the 58th National Cost Convention of Institute of Cost Accountants of India, here today. The Minister of State for Law & Justice and Corporate Affairs Mr. P.P. Chaudhary and other dignitaries were present on the occasion.
The Vice President said that no true development can be said to be meaningful unless it incorporates the needs of the farming sector. He suggested six possible drivers of income for farmers’ growth, stating that sincere implementation of such measures would double farmers’ income by 2022:
Diversification of farm activities towards high-value crops and enterprises.
Improving irrigation facilities to double productivity. Better price realization for farmers through competitive markets, value chains and improved linkage between field and fork. Improvement in the terms of trade for agriculture. Technology up gradation. Shifting cultivators from farming to non-farm occupations.
The Vice President said that government of India is taking measures to double their income by 2022 adding that food security is one of India’s top policy priorities and doubling of farmers’ real income is the need of the hour.

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