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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



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.

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First Published: Jul 19 2017 | 10:57 AM IST

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