Economic Survey has dire warning about shrinking farm income owing to climate change - News Summed Up

Economic Survey has dire warning about shrinking farm income owing to climate change


The government has also been recommended to take "radical follow-up action" to achieve its objective of addressing agricultural stress and doubling farmers income. Climate change could reduce annual farm incomes in the range of 15-18 per cent on average, and up to 20-25 per cent for unirrigated areas, it said. At current levels of farm income, that translates into more than Rs 3,600 per year for the median farm household, the survey estimated. But parts of Karnataka, Maharashtra, Madhya Pradesh, Rajasthan, Chattisgarh and Jharkhand are still extremely vulnerable to climate change on account of not being well irrigated. Stating that the climate change will increase farmer uncertainty, the Survey called for an effective crop insurance and embrace farm science and technology with renewed ardour.


Source: dna January 29, 2018 15:45 UTC



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