Business Standard

Economic Survey 2018: Climate change may lower farm incomes by 20-25%

Survey calls for direct income transfer to farmers, suggests raising area under drip and micro irrigation

agriculture, farmers
Premium

A tax on agriculture income will go a long way in widening the tax base

Sanjeeb MukherjeeSahil Makkar New Delhi
The 2017-18 Economic Survey while laying down  medium-term risks to Indian agriculture from climate change – it projects incomes to decline by 20-25 per cent in un-irrigated areas – does not dwell much on the immediate concerns of falling prices of farm produce and dwindling incomes.

At current levels of farm income, the Survey says, adverse impacts of climate change translates into more than a Rs 3,600 per year drop in income for the median farm household.

Quoting from the Manoj Kumar movie ‘Upkaar’, “Mere desh ki dharti sona ugle, ugle heerey moti” (My country’s soil, where crops grow like

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 29 2018 | 11:26 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com