Budget 2026: Agriculture Sector Demands Big Reforms for Farmer Income Boost

Budget
M
Moneycontrol•17-01-2026, 17:56
Budget 2026: Agriculture Sector Demands Big Reforms for Farmer Income Boost
- •Agriculture employs 46% of the population but contributes only 18-20% to GVA, indicating low productivity and income.
- •Structural reforms, not just fiscal transfers like PM-KISAN, are crucial to enhance farmers' income and ensure price realization.
- •Shifting excess labor from agriculture to other sectors is essential to increase per capita income in farming.
- •Lack of infrastructure, including cold storage and logistics, leads to 10-15% annual crop wastage, costing Rs 1.5 lakh crore.
- •Focus on storage, irrigation, logistics, modern technology, and APMC reforms is needed to ensure fair prices and higher farmer income.
Why It Matters: Budget 2026 must prioritize structural reforms and infrastructure development in agriculture to boost farmer income.
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