Identifying Different Potential Areas for Enhancing Farm Income
Preeti Sharma, Lakhwinder Kaur and Vinita Pandey
Agriculture has become more input intensive resulting in yield levels crossing their initial potentials, further slowing down the productivity growth. Due to input prices rising faster than output prices, economic profits have squeezed. In addition to this, the social expenditure has increased and education as well as medical care has become very expensive. Consequently, small farm holders are under severe economic stress. The present study entitled “Identifying different potential areas for enhancing farm income” is a review paper which reviews different studies on potential areas for enhancing farm income. This paper is an attempt to assess different potential areas viz. land reforms, soil health, quality seeds, irrigation, storage, value addition of farm produce, postharvest management, crop insurance and crop diversification, so that ways to be found to help farmers in increasing farm productivity and thus improving economic conditions. The study concludes that government is coming up with new reforms and policies in some areas. There are other areas also where government needs to come out with better solutions. At the same time, farmers should also be made aware of the reforms and policies made for them. Extension system needs to be made strong to achieve the vision of doubling farm income by 2020.