Thread by @ramanmann1974

Thread

Has farm income increased ? #Punjab

#Paddy, farmers income/acre increased from Rs 37,660 in 2013-14 to Rs 53,000 in 2020-21,i.e. 40.73%

#Wheat farmers income/ acre increased to Rs 39,500 in 2020-21 Vs Rs 27,000 in 2013-14, an increase of 46.3%

What about input costs
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For growing #paddy in #Punjab per acre, in 2013-14, farmers owning land spent Rs 9,000 as input cost, & farmers leasing land spent Rs 24,000. But in 2021, farmers owning land spent Rs 18,000+ i.e. 100% increase, & farmers leasing land spent Rs 43,000, which is a 79.2% increase !

The input cost included around Rs 500 to grow a #paddy nursery for a one acre field in 2013-14, which has now increased to Rs 1,200; in 2013-14, the labor cost for transplanting nursery into the main field was 1800/acre, which has now increased to Rs 3500/acre i.e. 100% increase

In 2013-14, Rs 1,500/acre was the cost for preparing the field for #paddy transplanting which also included 3 operations of ploughing & 1 operation of puddling; but on account of diesel cost hike, now in 2022 the cost to prepare the field is upwards of Rs 2800/acre i.e. 90% hike.

Input cost for DAP & urea in 2013-14 amounted to Rs Rs 1700/acre, which has now increased to Rs 2400/acre in 2022; with an 50& increase in weedicides/sprays required in #paddy, final straw is the harvesting cost with combines, combine rent increased from 1200/acre to Rs 2500/acre

By these calculations, in 2013-14 farmers owning land used to earn Rs 28,660/acre & Rs 13,660/acre from a rented field after meeting the input cost. Now farmer owning land earns Rs 35,000/acre i.e. increase of 22% & a farmer renting land earns Rs 10,000/acre—a decrease of 27%.

It is clear for even a 8 year old, that farmers income have decreased in some cases & if we factor in the inflation, we can safely say that farmers income have decreased But, travesty is that @PMOIndia is not ready to admit failure, instead is claiming farmers income have doubled