"The increase in farmers income boost economic development ".
How industries help farmers to boost their income?
Answers
Answer:
Industry provides market for the products of the agricultural sector: ... However, once it has reached maturity in the technical sphere and is able to use minerals as raw materials, its dependence on agriculture for supply of capital or labour or even for raw materials goes down.
Answer:
The Government constituted an Inter-ministerial Committee in April, 2016 to examine issues relating to “Doubling of Farmers Income” and recommend strategies to achieve the same. The Committee submitted its Report to the Government in September, 2018 containing the strategy for doubling of farmers’ income by the year 2022.The DFI strategy as recommended by the Committee include seven sources of income growth viz., (i) improvement in crop productivity; (ii) improvement in livestock productivity; (iii) resource use efficiency or savings in the cost of production; (iv) increase in the cropping intensity; (v) diversification towards high value crops; (vi) improvement in real prices received by farmers; and (vii) shift from farm to non-farm occupations. After acceptance of the DFI Committee recommendations, the Government has constituted an ‘Empowered Body’ to review and monitor the progress.
Explanation:
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