Agricultural Output Surges 44% in a Decade, Farmers' Incomes Doubled: Union Minister
Synopsis
Union Agriculture Minister Shivraj Singh Chouhan reveals that agricultural production has surged by 44% over the past decade, resulting in doubled incomes for many farmers. This growth is attributed to comprehensive government initiatives focused on enhancing farmer productivity and securing better returns.
Key Takeaways
44% increase in agricultural production over a decade.
Many farmers’ incomes have doubled .
Government initiatives include Minimum Support Price procurement.
PM-AASHA provides security for crops below MSP.
Rs 14,000 crore transferred to farmers post-calamities.
New Delhi, March 24 (NationPress) Union Agriculture Minister Shivraj Singh Chouhan announced that the country's agricultural output has surged by approximately 44 percent over the last decade, leading to a doubling of incomes for many farmers, as per an official statement released on Tuesday.
The Central Government has initiated a comprehensive program aimed at boosting farmers’ productivity and income through record procurement at the Minimum Support Price (MSP), Chouhan stated in the Lok Sabha.
The minister further emphasized the significance of the Pradhan Mantri Annadatta Aay Sanrakshan Abhiyan (PM-AASHA), the Pradhan Mantri Fasal Bima Yojana, price difference payments, and the Market Intervention Scheme, which together form a robust safety net for farmers, as stated by the Ministry of Agriculture & Farmers Welfare.
Chouhan clarified that the government now incorporates a 50 percent profit margin over production costs when determining MSP, which has been consistently applied, thus allowing farmers to reap better rewards for their efforts.
The Union Minister also criticized past administrations, stating that it is not sufficient to merely announce MSP; actual procurement at this price is crucial. "The government has extended direct benefits to farmers through record purchases at MSP for wheat, paddy, pulses, oilseeds, and various other crops," the statement mentioned.
According to Chouhan, the PM-AASHA scheme ensures protection for crops whose prices frequently dip below MSP. Under PM-AASHA, three mechanisms are in place: direct purchases of pulses and oilseeds via the Price Support Scheme, bridging the gap between MSP and market prices through price difference payments, and offering additional protection to farmers when necessary.
The minister informed that following recent natural disasters in Maharashtra, the state government efficiently utilized the Centre’s policy-supported digital framework to transfer Rs 14,000 crore directly to farmers’ accounts within just five days using Farmer ID, facilitating rapid relief.
The Market Intervention Scheme (MIS) establishes a standard rate for perishable fruits and vegetables, either through direct purchases or by crediting the difference between the model rate and market price into farmers' accounts, as stated in the release.
Point of View
The significant increase in agricultural production and the doubling of farmers' incomes is a milestone achievement that reflects the government's commitment to enhancing the agricultural sector. This progress is crucial for the overall economic health of the nation and underscores the importance of effective policy implementation.
NationPress
12 May 2026
Frequently Asked Questions
What is the percentage increase in agricultural production over the last decade?
Agricultural production has increased by approximately 44 percent over the last decade.
How has the government supported farmers in recent years?
The government has launched several initiatives, including the PM-AASHA, to enhance farmers' productivity and ensure better income through record procurement at Minimum Support Prices.
What is the PM-AASHA scheme?
The PM-AASHA scheme provides security to farmers for crops whose prices drop below Minimum Support Price, offering various mechanisms for support.
What was the recent financial aid provided to farmers in Maharashtra?
The Maharashtra government utilized a digital system supported by the Centre to transfer Rs 14,000 crore directly to farmers' accounts within five days following natural calamities.
How does the Market Intervention Scheme (MIS) work?
The MIS establishes model rates for perishable fruits and vegetables, facilitating direct purchases or compensating farmers for the difference between model and market prices.
