Tuesday, December 16, 2025 | 08:47 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

In last five years, real farm income has increased only marginally by 0.4%

In 2011-12, 64% of the rural workforce was engaged in agriculture

Farmers
premium

Farmers

Vipul Vivek | IndiaSpend

In five years to 2015-16, inflation-adjusted farm income per cultivator grew at only 0.44% a year, according to this March 2017 policy paper by National Institution for Transforming India (NITI) Aayog. Since 1993-94, it has risen 108.5% to Rs 44,027 in 2015-16 in real terms, the paper reveals.

Data for the number of cultivators is available only up to 2011-12. Figures for later years have been estimated by assuming that people will continue to leave agriculture at the same rate as between 2004-05 and 2011-12.

 

 

Source: