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India looking to create special farm sector indices to lift agri productivity and incomes.


Date: 26-12-2023
Subject: India looking to create special farm sector indices to lift agri productivity and incomes
New Delhi: India is looking to create special farm sector indices as part of a wider plan focused on targeted policy interventions to lift agri productivity and incomes after efforts to introduce reforms in the sector, through the later recalled farm laws, failed to take off.


A senior government official told ET that the preparatory work had started at the level of Niti Aayog as well as the ministry of agriculture and farmers welfare, and that the policy interventions may be rolled out after the general elections in 2024. As part of the multi-pronged strategy, the Niti Aayog is working on developing indices across agriculture and rural landscape to track progress of the existing schemes and undertake evaluation of flagship programs to introduce changes, wherever need ..

The idea is to ensure a sustainable food system for the country while moving towards natural farming and ensuring a significant increase in farm income which in turn will have an impact on the rural economy by boosting demand and consumption, the official said.


Government's think-tank Niti Aayog has reached out to research institutes, academia and experts seeking suggestions on a sector-specific policy framework aligned to India's development objectives. It has recently signed a statement of intent with the International Food Policy Research Ins ..

 Source Name : Economic Times

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