Photo: MintHyderabad: A committee formed by the Centre to double farmers’ income by 2022 is considering major reforms in agriculture sector, like adopting a profit-centric approach and to aim at increased productivity and reduced cost of cultivation. Noting that majority of farmers in the country are small and marginal, he said making farming viable is the “biggest challenge”. The principle of profit generation in agriculture comes from looking at what is the gross output and what is the cost of cultivation, he said. “Gross output which has been the approach so far, has been to increase production at any cost. So, the gross output in terms of value to farmer,” he said.

Source: Mint February 12, 2017 08:23 UTC