What future holds for Indian farmers?

By siliconindia   |   Saturday, 13 August 2011, 00:46 IST   |    7 Comments
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Although the agricultural yield increased in India after independence but in the last few years there is sharp decline in its productivity. The total production of food grain was 212 million tonnes in 2001- 2002 and the next year it declined to 174.2 million tonnes. And agriculture growth rate in India declined by 5.2 percent in 2002- 2003. The Growth rate of the Agriculture Sector in India GDP grew at the rate of 1.7 percent each year between 2001- 2002 and 2003- 2004. This shows that Agriculture Growth Rate in India GDP has grown very slowly in the last few years.
The agricultural sector has had low production due to a number of factors such as illiteracy, insufficient finance, inadequate marketing of agricultural products and introduction of genetically modified BT seeds to increase productivity. Farmer suicides are also hugely responsible for this sudden outburst in Indian agriculture. A record 2.5 lakh farmers have committed suicide in India over the last 13 years. Every 12 hours a farmer is said to have commit suicide in India. Many have also opted for other occupations due to the evils associated with it.