Versuchen GOLD - Frei

From parched fields to prosperity

Financial Express Lucknow

|

January 05, 2026

FARMER PROSPERITY CAN BE REAL IF INNOVATION IS SCALED WITH COLLABORATION BETWEEN ALL STAKEHOLDERS

- ASHOK GULATI ISHITA MANDLA

VICTOR HUGO ONCE wrote “No power on earth can stop an idea whose time has come.” In contemporary India, in the midst of drought in 2015-16, Prime Minister Narendra Modi floated an idea to double farmers’ real incomes by 2022-23.

He called it his dream as he knew that if peasantry prospers, India will prosper. Even Mahatma Gandhi said that India lives in villages. But today, the economic condition in villages is not very good. They are still lagging behind in basic infrastructure. To the best of our knowledge, no independent study has been undertaken about the outcome of PM Modi’s idea of doubling farmers’ incomes. However, at ICRIER, we have researched on this issue and our conclusion is that the achievement was less than 50%.

Almost at the same time, in a drought-stricken district (Beed) in Maharashtra, someone else—Mayank Gandhi—floated an idea of Krishikul under the Global Vikas Trust (GVT) to augment farmers’ incomes. He and his team of GVT convinced farmers to shift from traditional crops of soyabean and cotton to fruit crops such as papaya, custard apple, sweet lime, guava, pomegranate, mulberry, bananas, etc. The result has been astounding. As per an independent evaluation study by Tata Institute of Social Sciences (TISS) in 2024, the per acre income of farmers increased by more than 10 times, from |38,700 to €3.93 lakh within a short transition period. So far, GVT has planted more than 6.7 crore fruit trees (cumulatively) in about 43,000 acres belonging to roughly 30,000 farm families spread across 5,000 villages. Now the issue is—if this can be done in Maharashtra’s Beed, why it can’t be replicated and scaled up to other districts and states? That’s where the role of the state and central governments comes in.

WEITERE GESCHICHTEN VON Financial Express Lucknow

Financial Express Lucknow

Focus on education, skilling, employment

DIGITAL LEARNING, INDUSTRY-ALIGNED SKILLING

time to read

1 mins

January 12, 2026

Financial Express Lucknow

Modi pitches stability as firms commit to state

PRIME MINISTER NARENDRA Modi on Sunday said India is passing through a phase of unprecedented certainty and political stability at a time when the global economy is facing prolonged uncertainty, positioning the country as a dependable destination for long-term investment.

time to read

1 mins

January 12, 2026

Financial Express Lucknow

Govt seeks source code...

LAST MONTH, IT revoked an order mandating a state-run cyber safety app on phones amid concerns over surveillance.

time to read

1 min

January 12, 2026

Financial Express Lucknow

Digi Yatra to add 17 airports as adoption rises to 30%

TRAVELLING THROUGH INDIAN airports is set to get faster and less stressful for a large chunk of Indian flyers as Digi Yatra gears up to add its biometric-based travel system across 17 additional airports during the current financial year.

time to read

1 mins

January 12, 2026

Financial Express Lucknow

X admits lapse on Grok AI content; removes 3.5K posts, 600 accounts

COMPLIANCE PUSH

time to read

1 min

January 12, 2026

Financial Express Lucknow

Integration & accountability to drive next phase

Co-founder and vice-chairman, AIONOS AI MARKS

time to read

1 min

January 12, 2026

Financial Express Lucknow

Modi-Merz meet today; key agreements on agenda

INDIA AND GERMANY are set to sign a series of agreements on semiconductors, critical minerals, skill development, and a defence and security roadmap during German Chancellor Friedrich Merz's meeting with Prime Minister Narendra Modi in Ahmedabad on Monday.

time to read

1 mins

January 12, 2026

Financial Express Lucknow

In search of differentiation

MATTRESS MAKERS ARE HANGING THEIR HATS ON EMOTION, NOT SPECS

time to read

2 mins

January 12, 2026

Financial Express Lucknow

Goods shipments to China buck trend, grow at a fast clip

INDIA'S SHRIMP EXPORTS facing tariffs up to 58% in the US have found a new, fast-growing market in China.

time to read

1 mins

January 12, 2026

Financial Express Lucknow

RBI advocates disclosure of NPA; banks approach CIC

FOUR MAJOR BANKS — Bank of Baroda, RBL Bank, Yes Bank and State Bank of India — have approached the CIC objecting to the disclosure of information such as the list of defaulters and NPA, penalties and inspection reports, even as the RBI termed the records “liable to be disclosed” under the RTI Act.

time to read

1 min

January 12, 2026

Listen

Translate

Share

-
+

Change font size