Intentar ORO - Gratis
From parched fields to prosperity
Financial Express Pune
|January 05, 2026
FARMER PROSPERITY CAN BE REAL IF INNOVATION IS SCALED WITH COLLABORATION BETWEEN ALL STAKEHOLDERS
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.
Esta historia es de la edición January 05, 2026 de Financial Express Pune.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Financial Express Pune
Financial Express Pune
Easing of PN-3 may help about 600 FDI applicants
RELAXING APPROVAL PROCEDURES governing investment from countries sharing land borders with India will help speed up the clearance of proposals from among the 600 applications that were awaiting approvals, officials said on Wednesday.
1 min
March 12, 2026
Financial Express Pune
CIL pithead stock at 121 MT
INDIA'S COAL INVENTORIES have surged to record levels with pithead stock at Coal India (CIL) mines rising from 106.78 million tonne (MT) on April 1, 2025 to 121.39 MT as of March 9, 2026, reflecting robust production and supply growth across the sector, the ministry of coal said on Wednesday.
1 min
March 12, 2026
Financial Express Pune
Healthcare can't afford regulatory overload
A focused regulatory overhaul can simultaneously uphold standards and promote ease of doing business, unleashing the sector’s full potential
3 mins
March 12, 2026
Financial Express Pune
SC: Perturbed by NCERT stand that chapter is 'duly rewritten'
THE SUPREME COURT on Wednesday said it is perturbed by the NCERT's stand that the controversial chapter in class 8 social science book, which contained “offending” contents on corruption in the judiciary, has been “duly rewritten”.
1 min
March 12, 2026
Financial Express Pune
Musk unveils joint Tesla-xAI project, eyes software disruption
Elon Musk on Wednesday unveiled a joint project between Tesla and his artificial intelligence startup xAI, which he called “Macrohard” or “Digital Optimus” and said that it was a system capable of emulating the functions of software companies.
1 min
March 12, 2026
Financial Express Pune
Mis-selling, valuation key threats for AIFs: Pandey
WHILE ALTERNATIVE INVESTMENT fund (AIF) investments have seen massive growth over half a decade, the industry still faces three major challenges such as mis-selling, opaque valuation, and capital availability for sunrise sectors, the Indian markets regulator said.
1 mins
March 12, 2026
Financial Express Pune
Investors lose ’5.14L cr as markets decline nearly 2%
AFTER A RELIEF rally on Tuesday on hopes that the West Asia crisis may end soon, benchmark indices went deeper into the red again on Wednesday as energy prices continued to rise globally.
2 mins
March 12, 2026
Financial Express Pune
RBI to inject ’50,000 crore via open mkt operation on Mar 13
THE RESERVE BANK of India (RBI) on Wednesday said it will inject ₹50,000 crore into the banking system through Open Market Operation (OMO) purchases of government securities on March 13.
1 min
March 12, 2026
Financial Express Pune
Reinventing for the new era
EY'S INDIA DELIVERY CENTRES PLAY A KEY ROLE IN ADVANCING ITS GLOBAL AI AGENDA
3 mins
March 12, 2026
Financial Express Pune
Cloud kitchens, QSRs better placed amid gas shortage
FAST-FOOD CHAINS AND cloud kitchens are likely to be less affected by the liquefied petroleum gas (LPG) shortage than traditional dine-in restaurants, as their operating models allow greater flexibility in cooking equipment and fuel use.
1 mins
March 12, 2026
Listen
Translate
Change font size
