Saxena, Jagdeep

Safety net for farmers - Yojana - 66(5), May, 2022: p.29-32

Agriculture is the mainstay of Indian economy accounting for primary livelihood of approximately 52 per cent population and a chief source of raw materials for many major industries. The share of agriculture and allied sectors in total GVA ( gross value added) of the economy has a long terms trended of 18 per cent which improved to 20.2 per cent (2020-21) and 18.8 per cent recently. Millions of formers including fishermen and cattle keepers, diligently contribute to growth story of agriculture which has gained global recognition and accolades in the recent time. Small former sere generally economically improvershed, earning only 39 per cent of what medium holders earn, and only 13 per cent of what large holders earn. Hence, it was befitting to formulate and implement social security schemes for farming community by and large, and specifically for small and marginal famers. – Reproduced