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The key to doubling farmers’ income This is possible if site-specific models are designed and agencies work in unison The Prime Minister, on February 28, 2016, exhorted the nation to double farmers’ income by 2022. A three-pronged principle is at the heart of achieving this goal. Farmers’ income increases when yields rise, cost of production falls and when they receive remunerative prices. Through a three-year action research project in five aspirational districts, it was found that farmers’ income goes up when site specific farm models are evolved and executed through participatory methods. On an average, each project encompassed nine villages and 1,400 volunteer households. The originally envisaged project cost was about ₹35 crore, financed through convergence grants from existing programmes (₹19 crore, 55 per cent), beneficiary contributions (₹5 crore, 14 per cent) and bank loans (₹11 crore, 31 per cent). ....
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