News > Farmers' Income Doubled in FY22 Against FY18 for Certain Crops

Farmers' Income Doubled in FY22 Against FY18 for Certain Crops

Dais Newsfeed | 17/07/2022 10:54 PM | Click to read full article

Farmers’ income doubled in the financial year 2021-22 as compared to 2017-18 for certain crops in some states, like soyabean in Maharashtra and cotton in Karnataka. In all other cases, the income rose in the range of 1.3-1.7 times, according to a report by SBI.

It added that the increase in farmers’ income engaged in cash crops has been more prominent compared to such farmers growing non-cash crops.