Double farmer income by 2024
Bharatiya Janata Party · Lok Sabha General Election 2024
Last updated 10 Dec 2024
“We are committed to doubling the income of our farmers by 2024. Through improved market access via e-NAM, enhanced MSP procurement, crop insurance under PM Fasal Bima Yojana, and investment in irrigation infrastructure, every kisaan will see their real income double compared to 2015-16 levels.”
Our Assessment
mediumThe government claims nominal farm income doubled using Situation Assessment Survey data, but independent economists dispute this, noting real income adjusted for inflation shows only 30-40% growth.
Promise Timeline
Opposition raises issue in Parliament Winter Session; demands white paper on farmer income calculation methodology.
View sourceICAR study disputes government methodology; estimates real farmer income growth at 33% over 2015-16 baseline.
View sourceGovernment releases Situation Assessment Survey of Agricultural Households 2024 claiming significant income gains.
View sourceSources & Evidence
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