• search
For Quick Alerts
For Daily Alerts

Need policies to ensure farmers get better prices, says Arvind Panagariya


Hyderabad, Apr 29: NITI Aayog Vice-Chairman Arvind Panagariya on Saturday said there is a need to formulate proper policies to ensure farmers get better prices for produce and asserted that there is no question of taxing their income.

Need policies to ensure farmers get better prices: Panagariya

"We must have policies in place that would give better prices to farmers. And this is where the NITI Aayog, in collaboration with the state governments and on behalf of the Centre, tries to accomplish (the task of proper) marketing of agricultural produce," he said.

"It must be done in such a way that farmers get fair price. Those are the policies we need to change so that farmers get fair share of the price," he said. The vice-chairman of the premier government think-tank, which is headed by the prime minister, was speaking at an event organised by the Swarna Bharat Trust here.

Panagariya said Prime Minister Narendra Modi has committed to doubling farm income by 2022 and the government is bringing in reforms on the technology front and pricing towards that direction. "We need to increase productivity on farming... with this spirit that the government is also coming out with policies to foster growth and give higher wages to our workers. With higher revenues, the government can carry out the social programmes," the noted economist said.

Asked about the recent remarks made by a NITI Aayog member on taxing farm income, he said there is no question of such a measure as a large population in rural parts is dependent on agriculture for subsistence.

"If you look at the poverty in India, 80 per cent of the poor, no matter how you measure it, in rural areas are largely dependent on farming. So, where is the question of taxing farmers?" he asked.


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more