You are here: Home » Economy & Policy » News
Business Standard

PM Modi's promise to double rural income leaves farmers, experts cold

To meet the target, agriculture must grow at 15% compared to average of below 2% over the past four years

Reuters  |  Bargarh (Odisha) | New Delhi 

Prime Minister Narendra Modi is going to need a big rise in economic growth and a run of good weather to have a chance of fulfilling his promise to double farmers' incomes by 2022. He may also have to allow farm gate prices to rise fast, agricultural and economic experts said, jeopardising a key policy of his first two years in office: keeping inflation in check to appeal to India's swelling middle class. The 65-year-old made his bold commitment at a February rally in the eastern state of Odisha, hoping to shore up support among 263 million farmers who will have a major ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, April 08 2016. 04:40 IST
RECOMMENDED FOR YOU