Question
Download Solution PDFAs of July 2020, the Government of India set the target of doubling farmers’ income by which of the following years?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 2024.
- As of July 2020, the Government of India set the target of doubling farmers’ income by 2024.
Key Points
- The NDA government in the first term had set out the target to double the farmers’ income by 2022.
- Steps were taken by the government to increase the income
- improvement in crop productivity
- improvement in livestock productivity
- resource use efficiency or savings in the cost of production
- increase in the cropping intensity
- diversification towards high-value crops
- improvement in real prices received by farmers
- The shift from farm to non-farm occupations.
- Importance of Agriculture:
- Contribution to GDP(About one-fifth)
- Contribution to Employment: Agriculture provides livelihood to more than half of the population (about 60 percent).
- Contribution to Trade
- It is also an important source of raw material for a vast segment of the industry.
Last updated on May 26, 2025
-> Delhi Police Constable 2025 Recruitment Notification is expected in the months of July-September 2025.
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