agri index india: Niti Aayog getting ready index for agri transformation now

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The Niti Aayog is getting ready an index on agriculture transformation which is able to rank states on their efficiency on farm sector insurance policies, a transfer that may assist the Centre gauge measures taken by the states to extend farmers’ revenue.

A senior authorities official informed ET that the Agriculture Transformation Index is prone to measure the efficiency of states throughout seven pillars – inputs, sustainability, productiveness and diversification, coverage, preservation, processing and exports, and farmers’ revenue and welfare.

“The index is aimed toward capturing the brand new coverage paradigm in agriculture, on the core of that are sustainable diversification of crops, enchancment in productiveness and growing farmers’ revenue,” mentioned the official, who didn’t want to be recognized.

agri

With the assistance of stakeholder ministries, the Aayog has developed greater than half-dozen indices, together with well being, schooling and water sustainable growth index, to rank states yearly on measurable parameters. The federal government believes the train has helped enhance the nation’s general efficiency throughout sectors.

In 2018, the federal government had accepted the proposals of the committee on doubling farmers’ revenue, following which an empowered committee was fashioned to evaluation and monitor the progress.

The panel had beneficial seven sources of revenue development for farmers, together with enchancment in crop productiveness, enchancment in livestock productiveness, useful resource use effectivity.

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